Cointelegraph By Helen Partz
Mainland Chinese citizens will not be able to purchase Bitcoin and Ether ETFs in Hong Kong because mainland China banned crypto transactions years ago.
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Yao Qian, the first director of CBDC development at China’s central bank, is reportedly under investigation for suspected law violations.
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Stablecoin purchases in Turkey amount to 4.3% of GDP, the highest among global economies, according to Chainalysis.
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Other evidence suggests that the SEC will likely delay the approval of spot Ether ETFs, while Hong Kong will start trading such products next week.
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One of Russia’s first cross-border payment platforms has officially announced its launch and says it will facilitate local legal entities to process international settlements in cryptocurrency.Exved, a local digital settlement platform — which describes itself as a “digital counterparty search system” — announced the launch on Dec. 7, stating...
Cryptocurrency mining firm Phoenix Group has debuted trading on the Abu Dhabi Securities Exchange (ADX), becoming one of the Middle East’s first publicly listed industry firms.The Phoenix Group stock (PHX) opened at 2.25 dirhams (AED) — or $0.6 — on Dec. 5, according to data from the ADX exchange....
Brazilian bank Itau Unibanco has launched a cryptocurrency trading service for its clients as part of its investment platform, Reuters reported on Dec. 4.Itau, the largest bank by assets in Brazil and one of the leading lenders in Latin America, is debuting crypto trading with Bitcoin (BTC) and Ether...
The hardware cryptocurrency wallet firm Trezor has continued its efforts to promote Bitcoin (BTC) education globally by launching a new educational initiative in Africa.The Trezor Academy was officially launched at the Trezor-backed Africa Bitcoin Conference in Ghana’s capital of Accra on Dec. 4, the firm announced to Cointelegraph.The academy is...
Bitcoin (BTC), the original cryptocurrency, is gaining momentum versus global big-cap stocks as it overtakes the market value of American conglomerate holding company Berkshire Hathaway. BTC market cap has risen above $800 billion on Dec. 4, after nudging past billionaire investor Warren Buffet's company on Dec. 3.BTC market cap...
Major Swiss cryptocurrency-enabled bank Seba is changing its name amid growing ambitions to expand its trading services worldwide.Seba Bank AG has rebranded to Amina Bank AG, the firm announced to Cointelegraph on Nov. 30. “We opted to change our name from SEBA Bank due to similarities with SEB Bank...