Sberbank prepares to offer cryptocurrency custody services Sberbank, one of the leading financial institutions in Russia, is gearing up to introduce cryptocurrency custody services. This strategic move comes at a time when experts emphasize the importance of local crypto custody solutions to reduce reliance on foreign firms and enhance security in the digital asset space. […]
Malta’s rapid crypto approvals under EU review
Malta’s Crypto Licensing Process Under Scrutiny by EU Regulators Malta, often hailed as a blockchain and cryptocurrency-friendly hub, is now facing increased scrutiny from the European Union regarding its rapid crypto approvals. The European Securities and Markets Authority (ESMA) recently conducted a review, revealing that Malta’s crypto licensing process may have overlooked crucial areas such […]
Wealthy Indians shift to crypto as traditional assets lag
Wealthy Indians Shift to Crypto as Traditional Assets Lag In a financial landscape where traditional assets are facing uncertainty, wealthy Indians are increasingly turning to cryptocurrency as a lucrative investment option. The surge in crypto trading volumes among India’s elite can be attributed to a growing appetite for digital assets, led by family offices and […]
Kazakhstan weighs adding crypto to national reserves
Kazakhstan Considers Incorporating Cryptocurrency into National Reserves Kazakhstan is making waves in the financial world as it contemplates the inclusion of cryptocurrency in its national reserves. The Central Asian country is exploring the idea of establishing a state crypto treasury that would not only safeguard confiscated digital assets but also provide a secure infrastructure for […]
Czech central bank enters crypto equity market
Czech National Bank Invests in Crypto Equity Market Following Coinbase’s S&P 500 Inclusion In a bold move that marks a significant shift in traditional financial institutions’ approach to cryptocurrencies, the Czech National Bank has recently announced its entry into the crypto equity market. This decision comes hot on the heels of Coinbase’s inclusion in the […]
Hong Kong eyes over 40 firms for stablecoin licences
Hong Kong Eyes Over 40 Firms for Stablecoin Licences As the world of cryptocurrency continues to expand and evolve, regulatory bodies are scrambling to keep up with the pace. Hong Kong, known for its robust financial sector, is now at the forefront of regulating stablecoins, with over 40 firms vying for licenses in this space. […]
Bitcoin hits new all-time high as institutional demand surges
Bitcoin Hits New All-Time High as Institutional Demand Surges Bitcoin, the pioneer of cryptocurrencies, has once again captured the spotlight as it reaches a new all-time high. This impressive feat comes on the heels of a significant surge in institutional demand, signaling a shifting tide in the perception and adoption of digital assets. In recent […]
Fraudsters exploit dormant Bitcoin addresses to steal data
Fraudsters Exploit Dormant Bitcoin Addresses to Steal Data In the ever-evolving landscape of digital transactions, scammers have found a new way to exploit unsuspecting individuals – by targeting dormant Bitcoin addresses. These fraudsters utilize fake legal claims and false transactions to zero in on inactive wallets, prompting owners to prove their ownership or face the […]
Ripple partners with AMINA Bank to expand in Europe
Ripple Partners with AMINA Bank to Expand in Europe Ripple, a prominent player in the cryptocurrency realm, has recently struck a strategic partnership with AMINA Bank to solidify its presence in Europe. This collaboration marks a significant milestone for both entities, showcasing a mutual commitment to fostering financial innovation and expanding their reach in the […]
Crypto spending in Europe is rising with stablecoins leading
Crypto Spending in Europe is Rising with Stablecoins Leading A recent report has unveiled a significant surge in crypto spending across Europe, with stablecoins emerging as the preferred choice among consumers. According to the findings, stablecoins currently make up over 75% of all crypto purchases in the region, indicating a growing trend towards digital asset […]