Circle Secures OCC Approval for National Trust Bank to Custody USDC and Digital Assets
[ad_1] A leading stablecoin issuer has secured federal approval to launch a dedicated trust bank for digital asset custody services. Circle Internet Group says it has received final approval from the U.S. Office of the Comptroller of the Currency to establish First National Digital Currency Bank, N.A., operating as Circle National Trust. The new institution […]
Our Commitment to the Protection of Customer Assets
[ad_1] Given the recent news and market volatility in the digital asset industry, we felt it is timely to reiterate to our valued customers, bitFlyer’s commitment to protecting their account and digital assets. We also wanted to inform our users that bitFlyer is in no risk of facing any liquidity issue. Since 2014, bitFlyer has […]
Brazil Central Bank Bars Virtual Assets From eFX Payments
[ad_1] Brazil’s central bank, Banco Central do Brasil (BCB), has barred the use of virtual assets in certain regulated international payment and transfer services, tightening rules for cross-border payment providers operating under the country’s eFX framework. On Thursday, BCB published Resolution BCB No. 561, amending existing rules for eFX, a regulated category covering international payments […]
Coinbase Adds Two Little-Known Crypto Assets to Listing Roadmap
[ad_1] The US-based crypto exchange Coinbase has added two little-known crypto assets to its listing roadmap. The exchange says it’s considering adding Diem (DIEM) and Opengradient (OPG) to its platform for spot trading. “The launch of trading for these assets is contingent on market-making support, and sufficient technical infrastructure. We will announce the launch of […]
Institutional Investors Sell $414,000,000 in Bitcoin and Crypto Assets in One Week: CoinShares
[ad_1] Institutional investors just sold an overall total of $414 million in Bitcoin and crypto assets in one week, according to a new update from CoinShares. It marks the first selloff in five weeks amid concerns over the prolonged Iran conflict and higher inflation. The US led the outflows with $445 million. Switzerland recorded minor […]
Fidelity Requests More Clarity From SEC on Tokenized Assets and DeFi
[ad_1] Fidelity Investments told the US Securities and Exchange Commission (SEC) on Friday that it should continue to develop the regulatory framework for broker-dealers to offer, custody and trade crypto assets on alternative trading systems (ATS). The letter from the US’ third-largest asset manager was in reply to a call for comments earlier this month […]
Institutional Investors Pour $619,000,000 Into Bitcoin and Crypto Assets in One Week: CoinShares
[ad_1] Institutional investors just bought an overall total of $619 million in Bitcoin and crypto assets in one week, according to a new update from CoinShares. The outflows came despite significant late-week outflows. Crypto products saw $1.44 billion in inflows during the first three days, then $829 million flowed out on Thursday and Friday amid […]
Institutional Investors Pour $1,000,000,000 Into Bitcoin and Crypto Assets in One Week: CoinShares
[ad_1] Institutional investors just bought an overall total of $1 billion in Bitcoin and crypto assets in one week, according to a new update from Coinshares. The inflows mark a reversal from a five-week streak of outflows totaling $4 billion. Bitcoin dominated the buying, drawing $881 million. Ethereum followed with $117 million in inflows, marking […]
Institutional Investors Sell $288,000,000 in Bitcoin and Crypto Assets in Fifth Straight Week of Outflows: CoinShares
[ad_1] Institutional investors just sold an overall total of $288 million in Bitcoin and crypto assets in one week, according to a new update from Coinshares. The outflows mark the fifth consecutive week of selling, bringing cumulative year-to-date outflows to $4 billion. Bitcoin drove the bulk of the selling with $215 million in outflows. Short-bitcoin […]
Institutional Investors Sell $1,700,000,000 in Bitcoin and Crypto Assets in One Week: CoinShares
[ad_1] Institutional investors just sold an overall total of $1.7 billion in Bitcoin and crypto assets in only one week, according to a new update from Coinshares. The outflows are essentially equal to the previous week, reversing year-to-date inflows to a net outflow of $1 billion. Assets under management have fallen $73 billion since October […]