Category Archives: Cryptocurrency News

Robin Hood offered clients trusts for bitcoin and ether

The Robinhood financial platform has made available to users cryptocurrency investment products from Grayscale. Robinhood announced that it has registered two investment products Bitcoin Trust (GBTC) and Ethereum Trust (ETHE). Robinhood customers can now access Bitcoin and Ethereum-based cryptocurrency investment products without actually owning digital currencies. Investment company Grayscale takes care of the storage of these products in exchange for a commission, and buyers receive a “share in bitcoins or ethers.” The founder and CEO…

CedarFX – Trade with the First Eco-Conscious Broker

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get…

Opera will give users access to a BNB Chain-based DApp

Opera browser users will have access to decentralized exchanges and applications based on BNB Chain for iOS, Android and the desktop version of Crypto Browser. The developers of the Opera browser announced the integration of the decentralized BNB Chain ecosystem, formerly known as Binance Smart Chain. Thanks to this, 350 million Opera users will be able to purchase BNB for fiat currencies, as well as send and receive a crypto asset through a wallet built…

ECB: ‘digital euro should be transparent, not anonymous’

The European Central Bank has said it does not maintain a high level of privacy for the digital euro. One of the priorities of the regulator is to increase the transparency of the digital euro. According to a presentation published by the European Central Bank (ECB), it is important for future users of the digital euro to have control over their personal data and be sure that it is kept private. However, the regulator notes…

The Bank of the Princes of Liechtenstein has opened access to crypto investments for clients

Part of the world’s largest family-owned private banking group, LGT Bank, with the support of the Swiss bank SEBA, has launched a cryptocurrency investment program. The LGT Group is owned by the Princely House of Liechtenstein. The bank announced the conclusion of a partnership agreement with SEBA, the condition of which will be “acting as a cryptocurrency broker and investment services operator.” At the initial stage, from May 2022, “direct investments” in two crypto assets…

Wisdomtree: Cryptocurrencies are an asset that cannot be ignored

The management of the investment company Wisdomtree believes that cryptocurrencies will become an integral part of the portfolio of any investor in the next few years. Jason Guthrie, head of digital asset management at Wisdomtree, said in an interview with Ftadviser that the time when people could doubt whether cryptocurrencies would linger in the financial system is long gone. According to Guthrie, digital currencies have firmly established themselves as a new asset class and this…

Eurosystem is looking for providers of payment solutions for the digital euro

The Eurozone Monetary Authority Eurosystem invites payment service providers and banks to participate in the competition of solution providers for payments in the national digital currency. Eurosystem is looking for developers of payment solutions for the digital euro. The request specifies that the prototype proposed by the developers should test the digital euro transaction path on a backend developed by regulators. And also to test the processing and completion of the CBDC transaction in the…

Indian crypto exchanges will store user data for five years

India’s Ministry of Information Technology has issued a directive that requires cryptocurrency exchanges, data centers and VPN providers to store user data for five years. The directive, which will come into force on June 22, should help the country’s authorities to more effectively combat cybercrime. Cryptocurrency exchanges in India will store customer names, ownership, contact information and other user data. In addition, exchanges and VPN providers will be required to report any out-of-band incident to…

Bloomberg: G7 countries are tightening their monetary policy

Analysts at Bloomberg reported that the central banks of the G7 countries are reducing their balance sheets and raising interest rates to prevent inflation from rising. As Bloomberg analysts note in the report, the G7 countries are tightening their monetary policy – central banks are reducing their balance sheets and raising interest rates. By the end of the year, the G7 countries will reduce their balance sheets by about $410 billion, experts say. Banks added…

Hawaii Advocates Dedicated Task Force to Regulate Cryptocurrencies

The Commerce and Consumer Protection Committee (CPN) and the Ways and Means Committee (WAM) of the State of Hawaii have approved the creation of a specialized task force to study and regulate digital currencies. According to the announcement, a task force will be set up at the Ministry of Budget and Finance to analyze and collect data on cryptocurrencies and blockchain. In the future, the group will be required to present research findings and draft…