Bitcoin Security: Survey shows low confidence among institutional investors
A new study on Bitcoin security reveals that institutional investors are still hesitant to purchase BTC because of concerns about the security of crypto custodial services. Nickel Digital Asset Management, a cryptocurrency fund based in the United Kingdom, conducted a poll of 100 wealth managers and global institutional investors to determine the most pressing worries […]
U.S. Treasury Secretary urges regulators to “act quickly” to deal with stablecoins
A meeting with the President’s Working Group on Financial Markets was held in which U.S. Treasury Secretary Janet Yellen discussed the use of stablecoins. The US Treasury Secretary met with members of the President’s Working Group on Financial Markets and representatives from numerous US financial institutions to address the risks posed by the expanding stablecoin […]
Digital assets attract institutional investors
According to a new survey, institutional investors’ hunger for digital assets, such as cryptocurrencies, is increasing. It appears that institutional investors’ interest in cryptocurrencies and cryptocurrency-related firms is continuing to expand, according to new statistics. Coalition Greenwich was commissioned by Fidelity Digital Assets, the cryptocurrency arm of global asset management behemoth Fidelity Investments Inc, to […]
Swiss Bank Sygnum Tokenizes Picasso
Swiss bank for digital assets Sygnum and art investing pioneer Artemundi have collaborated to tokenize Pablo Picasso’s 1964 painting “Fillette au béret.” Investors can now purchase “shares” in fine art ownership on the blockchain . Sygnum has stated that it has become the first bank to give tokenized ownership rights to a fine art piece […]
Reps introduce Security Clarity Act to provide certainty for digital assets
The Security Clarity Act will apply to all assets both tangible and digital, it will also add critical definition and jurisdiction to create certainty for a strong digital asset market in the United States. On July 15, members of Congress submitted a bipartisan bill with the purpose of giving a precise definition of assets under […]