Singapore's DBS Bank has revealed plans to launch over-the-counter cryptocurrency options trading and structured notes for qualified institutional investors and accredited wealth clients beginning in Q4 2024. Currently, the bank enables clients to trade cryptocurrencies and security tokens through...
Millions of potential Australian crypto investors are currently "sitting on the sidelines," waiting for more straightforward regulations around the market, according to a new report from local crypto exchange Swyftx. The report, based on a survey of 2,229 adult...
Brazil's neobank Nubank has suspended trading its of native token, Nucoin. “From now on, the ability to buy and sell Nucoins within the app will no longer be available. Trading has been suspended, and Nucoins will only be used...
Crypto ATMs were introduced as a promising solution to help boost the adoption of digital currencies by encouraging their use in day-to-day transactions. These machines allow users to buy and sometimes sell cryptocurrencies using cash or credit cards and...
Indian crypto exchange CoinSwitch has launched a new suite of specialized investment services targeting High-Net-Worth Individuals (HNIs) and institutional investors. The new offering, which requires a minimum investment of ₹10 lakhs (approximately 623 USD), aims to provide a range...
Zurich Cantonal Bank (ZFB), Switzerland's fourth-largest financial institution, has announced the launch of crypto-focused services for its customers. In a press release published on September 4, 2024, the bank detailed that these new services are fully integrated into its...
German technology giant Siemens has issued its second set of blockchain-based digital bonds. The bonds, valued at €300 million, are part of the company's move to solidify its position in the distributed ledger market, according to a recent press...
Digital asset investment products faced significant outflows last week, totaling $305 million, as reduced expectations for a U.S. interest rate cut, following stronger economic data, dampened market sentiment. According to CoinShares, this decline reflects a broader negative trend affecting...
The arrest of Telegram CEO Pavel Durov in France on Saturday, August 25, 2024, appears to influence the crypto market, especially the popular messaging app linked-cryptocurrency, Toncoin (TON). According to CoinGlass data, following Durov's arrest, TON experienced a sharp...
The number of crypto millionaires worldwide has skyrocketed by 95% in the past year, according to a new report from New World Wealth and Henley & Partners. According to the report, crypto wealth has grown substantially, with 325 individuals...
