Category: Cryptocurrency

MrGuru bitcoin
June 22, 2021 BY PureContent

Analysts Summarize Online Crypto Trading Activity for Q1 of 2021

Creative thinking in times of uncertainty In fact, only those trading brands who were able to offer their clients something extra, can now report a successful Q1. On that matter, MrGuru’s spokesperson commented that “the company has found ways to stay ahead of the game, by not trying what all the other trading brands are…

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Crypto firms in the UK are abandoning their FCA registration
June 17, 2021 BY Steffy Bogdanova

The FCA reports that 2.3 million people now hold crypto

The FCA stated: Enthusiasm for cryptoassets is growing with over half of crypto users saying they have had a positive experience so far and are likely to buy more (rising from 41% to 53%). Fewer people also regret having bought cryptocurrencies, down from 15% to 11%. The research reveals that 1 in 10 of the…

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acquisition
June 10, 2021 BY Steffy Bogdanova

Crypto platform Gemini acquires Shard X to boost speed and security

Shard X's MPC will work in combination with all other aspects of Gemini's custody offering, including role-based governance protocols, multiple layers of biometric access controls, and physical security to safeguard the sensitive key material, safely stored in government-rated hardware security modules (HSMs), that controls customers' assets. Tyler Winklevoss, CEO of Gemini, commented: Integrating MPC technology…

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BitMax now offers multilingual services
June 10, 2021 BY Steffy Bogdanova

BitMax now offers multilingual services

The company stated: Traders can expect that BitMax will cater to more multilingual crowds soon. The global digital exchange platform BitMax was founded in 2020, with the goal of making crypto trading more accessible to traders, while preserving the highest standards in the field. The brand aims to create an autonomous digital currency platform for…

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CAPEX.com adds 12 new cryptocurrencies to its offering
June 10, 2021 BY Steffy Bogdanova

CAPEX.com adds 12 new cryptocurrencies to its offering

Christina Koullapi, Executive Director at Key Way Investments Ltd, the company operating CAPEX.com under its CySEC regulation, said: With crypto transactions allowed on massive payment platforms such as PayPal and investment banks such as Goldman Sachs or Morgan Stanley offering access to crypto funds for its clients, it was a logical step for us to…

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June 07, 2021 BY Steffy Bogdanova

CoinShares lists three physically-backed crypto ETPs on Börse Xetra

The latest CoinShares Weekly Digital Asset Fund Flows Report from 1 June which tracks inflows and outflows across different crypto investment vehicles, found that the price volatility in crypto markets has been a catalyst for investment. A total of $74 million of net inflows were recorded, primarily led by Ethereum and altcoin products. Chief Executive…

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FCA regulation
June 03, 2021 BY Steffy Bogdanova

The FCA extends the temporary registration regime for crypto firms

Anti-money laundering and counter terrorist financing legislation are designed to protect against the transfer and disguise of funds from criminal activity, or funding of terrorist groups. The FCA stated in the official announcement: While this is not the only element that the FCA will assess in relation to an applicant, the FCA will only register…

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Bank of Japan Governor Kuroda casts doubt on Bitcoin
May 31, 2021 BY Steffy Bogdanova

Bank of Japan Governor Kuroda casts doubt on Bitcoin

Kuroda went on to differentiate Bitcoin from stable coins which are known to have their value backed up by assets. Stable coins are also obliged to meet regulatory governance codes and legal standards, meaning that the Governor is under the impression that they could well become a suitable trading alternative in the near future. Volatility…

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