OKEx has announced new listings for four stablecoins: TrueUSD, USD Coin, Gemini Dollar, and Paxos Standard Token. The third top crypto exchange by market cap, OKEx, has recently announced the listings of four stablecoins at once, according to an official blog post published on Monday, Oct. 15. OKEx has added support for four stablecoins, including […]
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Hong Kong’s securities and futures commission chairman announces crypto regulation prior to his retirement. Hong Kong’s securities and futures commission (SFC) is planning to introduce crypto regulation to protect investors, the SFC chairman told Hong Kong English-language newspaper the South China Morning Post (SCMP) Monday, Oct. 15. Chairman Carlson Tong Ka-shing — who will pass […]
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An expert from the People’s Bank of China thinks the country has to study USD-backed cryptocurrencies and to launch its own yuan-backed stablecoin. The Chinese government should consider launching its own yuan-backed stablecoin despite the current ban on cryptocurrencies, an op-ed in Chinese financial journal CN Finance reports Tuesday, Oct. 9. An expert from the […]
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A recent poll by Clovr has revealed that millennial men earning more than $75,000 per year are most interested in crypto investing. Recent research by blockchain-focused company Clovr has revealed that cryptocurrency investing is most popular among millennials earning from $75,000 to $99,999 annually. The survey collected responses from over 1,000 Americans between ages 18 […]
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Crypto finance company Circle has acquired equity crowdfunding platform and broker-dealer SeedInvest. Cryptocurrency finance company Circle Internet Financial Ltd. has acquired equity crowdfunding platform and broker-dealer SeedInvest, according to an announcement published October 5. Exact terms of the transaction were not disclosed. New York-based SeedInvest was founded in 2012 as a startup investing platform. Since […]
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InsurTech has a lot of room to innovate, from payout friction to risk analysis. The startup community has delivered a strong response to market gaps, and investors this week showed their interest in the B2B InsurTech market with three deals, including two rounds marking Eos Venture Partners’ first foray into the industry. Rounding out the […]
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Circle Internet Financial Ltd. has launched a new feature for its crypto investment app Circle, which allows users to invest in categorized crypto assets. Goldman Sachs-funded Circle Internet Financial Ltd. has launched a new feature for its crypto investment app Circle Invest dubbed “Collections.” The company has made the announcement in an official blog post […]
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Crypto exchange Poloniex will remove margin and lending products for its U.S.-based customers in order to comply with regulatory requirements. U.S.-based cryptocurrency exchange platform Poloniex will remove margin and lending products for its customers in the U.S and delist three digital assets, according to an announcement published October 3. Poloniex is a cryptocurrency trading platform […]
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Sources have told Bloomberg that Puerto Rico’s Noble Bank has lost Tether and Bitfinex as clients and is looking for buyers. Puerto Rico’s Noble Bank International, which is known for reportedly opening accounts for USD-backed token Tether and crypto exchange Bitfinex, is allegedly searching for a buyer, Bloomberg reports Thursday, October 2. Citing an unnamed […]
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Around 50 of the top 100 coins by market cap see slight growth; Bitcoin has climbed above $6,600 again. Sunday, September 30: crypto markets are seeing a mix of red and green today. A little more than half of the top 100 cryptocurrencies have grown in the 24 hours to press time. The daily trade […]
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