‘Crypto has the potential to benefit the public’ – Japan’s FSA chief
Junichi Nakajima who is Japan’s newly appointed Financial Services Agency Commissioner believes that careful deliberation is essential before making crypto assets more accessible to the general public. Junichi Nakajima , the new commissioner of Japan’s Financial Services Agency (FSA), believes the country should think twice before making Bitcoin (BTC) and other cryptocurrencies more widely available. […]
Bank of Jamaica mints the country’s first batch of digital currency
Central bank digital currency is gradually becoming a worldwide thing, Bank Of Jamaica is now the latest country to mint its first batch of central bank digital currency (CBDC). The Bank of Jamaica (BOJ) coined Jamaica’s first batch of central bank digital currency in a brief ceremony this morning (CBDC). During the CBDC pilot program, […]
CoinDCX becomes India’s first crypto unicorn after the latest funding round
The latest funding round of CoinDCX at an amount of $90 million has made the firm valued at over $1.1 billion, now the firm stands as India’s first crypto unicorn. CoinDCX, a private cryptocurrency exchange platform, announced a $90 million funding round on Tuesday, valuing the company at over $1.1 billion, despite the RBI’s continued […]
Bitcoin investment products suffer outflows despite price recovery
Despite the rise in Bitcoin price, investment products of the cryptocurrency still suffer capital withdrawal, while at the same time money is flowing into Ethereum and altcoin products. Despite the market’s positive trajectory, institutional crypto products have suffered withdrawals for the fifth week in a row. CoinShares, an institutional asset manager , projected that outflows […]
‘Crypto Mom’ Hester Peirce blasts SEC for $10m Poloniex settlement
Hester Peirce, has lambasted the SEC’s $10 million settlement with Poloniex, questioning the opaque restrictions that crypto companies in the United States must navigate. Commissioner Hester Peirce, also known as “Crypto Mom ,” has lambasted the United States government. The Securities and Exchange Commission (SEC) has awarded Poloniex a $10 million settlement following a legal […]