Starting Monday, National Australia Bank (NAB) will enforce payment blocks to high-risk cryptocurrency exchanges, potentially including Binance. This measure is aimed at curbing fraud and scams within the financial institution.Continue Reading
Prosecutors claim that the founder deceived investors, leading them to invest billions of dollars into the cryptocurrency lending platform.Continue Reading
Fidelity Investments, an asset manager managing assets worth over $4.2 Trillion, reportedly made preparations to file for the launch of its own Bitcoin ETF based on spot trading.Continue Reading
EDX Markets, a newly established cryptocurrency exchange supported by Citadel Securities, Fidelity Investments, and Charles Schwab, has discreetly entered the market with the aim of attracting brokers and investors interested in digital assets.Continue Reading
According to multiple reports, including CoinDesk’s, Deutsche Bank has applied for a digital asset licence. In February 2021, the banking behemoth unveiled its intentions to enter the realm of cryptocurrency custody.Continue Reading
BlackRock, a massive asset management company, has initiated the process of establishing a spot Bitcoin exchange-traded fund (ETF), a matter that has sparked debates among cryptocurrency proponents and federal regulators.Continue Reading
On Wednesday, opposition Senator Andrew Bragg presented a new bill to the Australian parliament that proposes a licensing system for cryptocurrency exchanges in the country. This comes after a week in which the world's two largest crypto exchanges, Binance and Coinbase, faced legal action from US regulators. Continue Reading
NAB is set to trial foreign exchange transfers utilising the Ethereum blockchain and its proprietary stablecoin, even prior to the creation of a Reserve Bank-backed central bank digital currency. Continue Reading
Understanding the USD’s Impact on Cryptocurrency Investments The US dollar (USD) has strengthened significantly over the course of 2022 as the Federal Reserve hiked interest rates in an effort to quash hyperinflation. The U.S. Dollar Index, which measures the greenback against a basket of other currencies, is up nearly 18% so far this year. ...Continue Reading
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