HashKey Group acquires office space from Hongkong Land following clarity around crypto regulations
In Hong Kong, crypto firms must have a local licence and can only provide services to professional investors. Following the clarification of cryptocurrency legislation, Hongkong Land , a property landlord in Hong Kong, has leased commercial office space to HashKey Group, a local crypto-asset startup. The decision to lease commercial property to crypto enterprises, according […]
Morgan Stanley Bank launches a crypto-focused research team
Morgan Stanley, one of the United States top banks, is launching a new cryptocurrency research group, this move hopes to help the bank dives deeper into crypto. Bloomberg reported on Sept. 13 that the Wall Street megabank has named Sheena Shah as the lead cryptocurrency analyst for its dedicated cryptocurrency research team. For more than […]
Chainalysis report shows Africa’s crypto market grew by more than 1,200% since 2020
The cryptocurrency market in Africa has grown significantly since last year, according to digital analytics firm Chainalysis, with the region accounting for a larger transaction volume than the global average. Africa’s crypto market increased in value by more than 1,200 percent between July 2020 and June 2021, according to a report released on Tuesday by […]
Fidelity Investments seeks approval for its Bitcoin ETF from the SEC
Fidelity Investments, a global financial services corporation, has asked the Securities and Exchange Commission to approve its Bitcoin exchange-traded fund (ETF) in a private meeting. On September 8, Fidelity Digital Assets President Tom Jessop, six of the firm’s executives, and numerous SEC officials met in private. The finance professionals outlined a number of reasons why […]
Due to high demands, Coinbase increases its junk-bond offering to $2B
Coinbase cryptocurrency exchange has increased the size of its junk bond offering from $1.5 billion to $2 billion, due to overwhelming demand. According to the Economic Times , at least $7 billion in orders for equal quantities of seven and ten-year bonds with interest rates of 3.375 percent and 3.625 percent were placed in the […]