The introduction of the consultation paper, which is open until March 31, is the next major show of good faith for the regulator, and industry experts are keeping a close eye on the events moving forward. The Hong Kong Securities and Futures Commission (SFC) has released a consultation paper that shows it is making good … Read more
It is for the first time that the BTC price is trading close to $25,000 since August 14, 2022. Whale participation and trading volumes might soon shift from altcoins to Bitcoin. On late Wednesday, February 15, the cryptocurrency market surprised with a strong 10% jump adding more than $100 billion to investors’ wealth in a … Read more
New York-based banking powerhouse Morgan Stanley opines that a drop in stablecoin issuance is a negative sign for crypto trading. According to Morgan Stanley (NYSE: MS), a decrease in stablecoin issuance spells bad news for crypto trading. In a research report on Monday, the New York-based banking giant delineated the benefits of stablecoins to crypto trading. In … Read more
Galaxy Bahamas Ltd. will physically operate from the Bahamas and initially serve as an extension of the company’s trading platform. Galaxy Digital Holdings Ltd (Toronto: GLXY) has been pushing boundaries to help onboard worldwide institutional investors into the cryptocurrency market. The crypto-focused company with over $2 billion in assets under management (AUM) takes pride in … Read more
Banco do Brasil is focused on leveraging this partnership to bolster crypto adoption throughout Brazil. Brazil’s largest bank, Banco do Brasil (BB) has entered into a partnership with blockchain solutions startup Bitfy. Per a local news report from AgenciaBrasil, the partnership will allow the customers of Banco do Brasil to make tax payments using crypto … Read more