Beijing subway now accepts digital yuan
Beijing's rail transit service now accepts digital yuan for subway rides through an integration with the Industrial and Commercial Bank...
Month: June 2021
Slow, but not steady: India’s stance on Bitcoin and crypto is evolving
India’s regulatory stance on crypto has been shaky at best and prejudiced at worst, but what is India actually doing...
NYDIG set to bring Bitcoin adoption to 650 US banks and credit unions
NYDIG looks set to deliver on its promise to enable millions of Americans to buy Bitcoin from their bank accounts...
Russia’s central bank to study crypto investment risks
The Bank of Russia is collecting data from 15 credit firms and payment systems like Visa and Mastercard. Russia’s central...
Ethereum Classic price has nearly doubled days after Digital Currency Group’s $50M bet
The gains also appear amid an overall crypto market recovery following Bitcoin's sharp rebound from $30,000-support. Ethereum Classic (ETC) reached...
New Bitcoin exposure Index to track equities that perform like BTC
Melanion Bitcoin Exposure Index tracks an equities basket with the highest correlation and revenue exposure to Bitcoin. Institutional investors are...
Bitcoin has failed miserably as currency, says NYU’s ‘dean of valuation’
The serial Bitcoin critic has once again dismissed BTC’s value proposition as a form of currency. Aswath Damodaran, professor of...
Bitcoin volatility still a concern for CEO of BNY Mellon subsidiary
Francesca Fornasari believes that Bitcoin may not be suitable for most institutional investors. Despite BNY Mellon’s entrance into Bitcoin (BTC),...
Institutional investors aren’t buying Bitcoin at 50% of all-time highs …for now
Ahead of the major GBTC unlocking event, it seems institutions and retail alike have cold feet about $34,000 Bitcoin. Institutions...
Decentralized Exchange Volumes Double Overnight — A Look at the Top 3 Dex Platforms in 2021
As crypto markets saw some recovery on Tuesday, decentralized finance tokens and applications have once again started swelling in value....
Compound Launches Treasury to Introduce Institutions to Defi
Compound, one of the leading defi-based protocols, is launching a new service called Treasury. Compound’s Treasury is a new product...
Hydropower Stations Up for Sale Amid China’s Crackdown on Crypto Mining
Small hydropower plants have been put up for sale in China as demand for their cheap energy decreases following the...
Coinbase Launches High Yield USDC Accounts With 4% APY
Coinbase, the largest exchange in terms of crypto reserves held, has announced the introduction of a savings program tied to...
Australian regulators seek public input on crypto ETPs
The Australia Securities and Investments Commission has indicated that Bitcoin and Ether are the only two crypto assets likely to...
Bank of Russia forms first digital ruble testing group
Twelve Russian banks including Sberbank, VTB and Tinkoff Bank will help the Bank of Russia test the digital ruble in...
