DZ Bank Obtains MiCAR Go Ahead to Offer Institutional Bitcoin
DZ Bank has received approval to provide cryptocurrency services to institutions, allowing the bank to run its own cryptocurrency platform, MeinKrypto. Germany’s DZ Bank has received authorization under Europe’s Markets in Crypto-Assets Regulation to provide cryptocurrency services. This would facilitate such institutions in conducting trading activities involving Bitcoin and Cardano through this bank. DZ Bank […]
Crypto Market Bill Face Another Delay to Late January
The US Senate Committee has moved the crypto market bill markup from this week to the last week of January, stating that more time is required to resolve lingering concerns. The hype that had been built around the US crypto market bill has now halted once more. Senate lawmakers have chosen to postpone their bill […]
BitMine Adds Over 24,000 Ethereum Ahead of BMNR Vote Deadline
BitMine purchased 24,266 Ethereum tokens while increasing its cash reserves by $73M last week as shareholder votes approach. BitMine has added 24,266 ETH to its Ethereum treasury as it prepares for a major shareholder vote. This transaction takes place just days before shareholders vote on a plan related to the company’s long-term Ethereum strategy. Why […]
Gold Shoots to ATH of $4,600 As Chaos Erupts in Iran
Gold reaches a new high as investor interest in defensive assets rises due to the Iranian crisis. Trump’s Venezuela remark raises political concerns as markets remain uneasy. On January 12, gold soared to a new high above $4,600 per ounce as investors shifted into defensive assets amid deadly turmoil in Iran and mounting political tensions […]
South Korea to Reinstate Corporate Crypto Investments After Nine Years
South Korea’s FSC intends to reinstate corporate cryptocurrency trading following a nine-year prohibition. 3,500 firms may invest up to 5% of their stock in popular cryptocurrencies. The South Korean financial watchdog is poised to ease its nine-year prohibition on corporate cryptocurrency investments. This is a dramatic shift in the country’s attitude toward digital assets, allowing […]