Neuberger Berman, a $400 billion investment firm will offer crypto exposure through a commodity-focused fund
At the end of July, the assets of Neuberger Berman under administration were more than $164 million, accounting for around 0.04 percent of its overall assets under management. An application has been submitted by Neuberger Berman , an investment management business located in New York, for a commodity-focused fund that will be able to obtain […]
Shutting off crypto growth is likened to stopping e-commerce in 1995 – Mark Cuban
Mark Cuban has come out to express his displeasure on the tighter rules for cryptocurrency and the crypto-space in general which was introduced in the new infrastructure bill. Leaders in the crypto industry have continued to speak out as the US Senate enacted a bipartisan $1 trillion infrastructure plan, which includes tighter regulations for crypto […]
South Korean banks increased transaction fee revenue in Q2
South Korean banks’ partnerships with four crypto exchanges brought Shinban Bank, K Bank, and NH Nonghyup Bank a total revenue of 16.9 billion. In the second quarter of 2021, three South Korean banks with cryptocurrency exchange partnerships are said to have made $14.71 million in transaction fees. The Korea Herald reports that Shinban Bank, K […]
Total crypto market cap value breaks $1.9T for the first time in 3 months
According to statistics from crypto data aggregator, CoinGecko, the total crypto market capitalization value has surpassed $1.9trillion for the first time since May. In early August, the cryptocurrency market maintained a strong bullish trend , with the total market capitalization approaching $2 trillion. On August 9, the total crypto market cap surpassed $1.9 trillion for […]
Bank of Korea: Crypto will be used as an investment tool
With bitcoin (BTC) and altcoins set to “replace legal currencies” in the future, South Korea’s central bank, the Bank of Korea (BOK), has issued a surprisingly crypto-friendly assessment. There were also some encouraging remarks for stablecoin developers and enthusiasts of decentralised finance (DeFi). On August 8, the BOK issued a paper titled “The Possibility of […]