Tag: Crypto

BitMEX Michele Bertacco
November 04, 2021 BY Steffy Bogdanova

BitMEX hires Michele Bertacco as Chief Marketing Officer

At BitMEX Bertacco will lead the company’s marketing function, which includes customer acquisition, brand and communication, user experience, and customer engagement spheres. BitMEX highlighted in the announcement that Bertacco is extremely well-suited to manage the company's principal partnership with AC Milan as he has in previous experiences, partnering with it and other legendary clubs in…

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November 03, 2021 BY Steffy Bogdanova

Dukascopy adds 10 new instruments to crypto offering

Among the new additions are Cardano, Aave, Basic Attention Token, Compound, Enjin, Chainlink, Polygon, Maker, Uniswap, and Yearn Finance. All of the new cryptocurrencies have been added against the US dollar. The total number of crypto instruments on the Swiss online trading platform is now 19. The announcement noted that the additional crypto instruments are…

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ASIC
October 29, 2021 BY Steffy Bogdanova

ASIC announces regulatory guidance on crypto products

The new regulatory guidance follows ASIC’s public consultation on crypto-assets in June 2021. The new guidelines include good practices for market operators and information on admission and monitoring standards, custody of crypto-assets, pricing methodologies, disclosure and risk management. Armour added: The good practices we published provide practical examples of how these obligations may be met,…

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October 26, 2021 BY Steffy Bogdanova

DFSA introduces regulation for investment tokens

Peter Smith, Managing Director, Head of Strategy, Policy and Risk at the DFSA said: Creating an ecosystem for innovative firms to thrive in the UAE is a key priority for both the UAE and Dubai Governments, and the DFSA. Our consultation on Investment Tokens enabled us to understand what firms were looking for in a…

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October 26, 2021 BY Steffy Bogdanova

Payments giant Mastercard to offer crypto services soon

Details about the new offering are still not disclosed but CNBC suggests that the service will be first available in the US. According to Mastercard estimations, 2.8 billion Mastercards are in use and the payments network’s clients have relationships with over 20,000 financial institutions around the globe. Bakkt CEO Gavin Michael, commented: We’re lowering the…

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digital wallet
October 15, 2021 BY Steffy Bogdanova

Paysafe’s NETELLER announces new fiat-to-crypto withdrawal service

The service is already available in ten countries including UK, Chile, Canada and Australia. The company noted it plans to make it available for more countries and to add more cyrptocurrencies for withdrawal in the future. The new feature follows the fiat-to-crypto withdrawal service for Skrill, Paysafe’s other digital wallet, launched in February of this…

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September 30, 2021 BY Alan Sayer

How Crypto Has Affected the Q2 Earnings of the Top Tech Companies

Impact of cryptocurrencies in Nvidia Q2 Report Another major business that has stepped into the world of crypto trading lately is Nvidia. Let's find out how their new business ambitions affected their net revenue and growth. How Nvidia entered the world of crypto trading Nvidia unveiled new CPUs exclusively for mining virtual coins in February,…

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FINMA crypto regulation
September 29, 2021 BY Steffy Bogdanova

FINMA announces approval of first Swiss crypto fund

This approval is a significant development for Swiss crypto market. The official announcement stated: For the first time, FINMA has approved a Swiss fund that invests primarily in cryptoassets, that is to say in assets based on the blockchain or distributed ledger technology. The fund concerned goes by the name of the “Crypto Market Index…

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September 24, 2021 BY Steffy Bogdanova

China announces all crypto transactions are illegal

The recent blow to crypto follows China’s concerns over cryptocurrency trading’s connection to fraud, money laundering and excessive energy consumption. China is one of the largest crypto markets in the world. This is the latest crackdown of China on crypto currency trading but it is not the first. In May, the country promised to focus…

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