The Swiss National Bank (SNB) is continuing its experiments in the field of central bank currencies (CBDCs). “Project Jura” is investigating cross-border payment processing in cooperation with the central bank of France. The G20 has prioritised the improvement of cross-border and has submitted a multi-year timeline to coordinate efforts in this regard. The current experiment contributes to […]
Thailand has recently imposed restrictions on cryptocurrency trading. The South-east Asian nation’s Securities and Exchange Commission (SEC) has implemented a ban on various types of blockchain currencies such as meme tokens and NFTs. According to the Thai SEC, the new rules aim to protect traders and users from cryptocurrencies that have “no clear target or substance” and […]
PricewaterhouseCoopers International (PwC) has published a comprehensive report on cryptocurrencies. The study provides an overview of how hedge funds and asset managers are dealing with the new asset class on a global scale. The PwC group has published its third annual report examining the global crypto hedge fund landscape. This is based on data from research conducted […]
According to crypto custodian and Stone Ridge subsidiary NYDIG, hundreds of U.S. banks will soon allow trading and holding of Bitcoin. After a long period of reluctance, established financial services providers are also opening up to the new asset class. New York Digital Investment Group (NYDIG) is a subsidiary of Stone Ridge, a $10 billion […]
Two authoritative market intelligence reports on the illicit use of cryptocurrencies, released in February 2021, evidence a marked decrease in the phenomena during 2020 – compared to 2019 – but also new worrying trends in the areas of ransomware and Decentralised Finance (DeFi). The most recent market intelligence on illicit use of cryptocurrencies made available […]
A monthly review of what’s happening in the crypto markets enriched with institutional research on the most important topics in the industry in cooperation with the Swiss digital asset specialist, 21Shares AG. The market-driving news of the month of April was Coinbase’s pivotal direct listing which saw the company initially go public at more than a $100B […]
Some crypto exchanges have enabled their users to trade traditional stocks through tokenized products. Now Binance, the world’s largest crypto exchange, is venturing into the world of tokenized stock trading. Is the new financial world merging with the old one? One of the major advantages of tokenized stocks is that traders can buy fractions of […]
Venmo now offers its more than 70 million customers the opportunity to buy, store and sell cryptocurrencies directly in the app. Adoption of crypto-assets as a means of payment appears to be surging, including the simplification of what was originally a complex purchase process. Starting this week, U.S. customers of Venmo will have the ability to […]
Just ahead of the Coinbase IPO at Nasdaq, the New York Stock Exchange (NYSE) is also venturing into the crypto world. With the launch of its own non-fungible tokens (NFTs), the NYSE is trying to preserve the unique experience of some stock exchange listings. The New York Stock Exchange (NYSE) is an institution steeped in […]
Most Stablecoins are pegged to the US dollar. They close the gap between the advantages of Cryptocurrencies and the more stable fiat currencies. The first and largest of these is Tether (USDT), with a market capitalization of nearly $40 billion. Stability to currency can come in a variety of ways. In early times, Tether was […]
