Hong Kong’s Harvest Global Investments and Singapore’s MetaComp are teaming up to introduce new Bitcoin and Ethereum spot ETFs to Singaporean investors. This strategic partnership will leverage both companies’ strengths to introduce these cryptocurrency funds, which will start trading on the Hong Kong Stock Exchange on April 30. Introducing Innovative…
This initiative, developed in partnership with the Bitpanda exchange, highlights the traditional banking industry’s increasing acceptance of digital assets. With about €333 billion (~$355 billion) in assets, LBBW’s entry into the crypto custody market is a landmark event. Why German Banks Are Jumping Into Crypto Bandwagon Starting in the second…
Credbull’s first private credit fund is targeting returns as high as 20%, much of which is fixed yield. The product is indicative of a broader maturation in DeFi’s lending sector, which has so far been limited to decentralized exchanges and stablecoin applications. Crypto startup Credbull is soon rolling out an…
Vladimir Gorbunov, founder of the full-cycle digital/crypto banking white label product Vault, navigated through the intricacies of the rapidly evolving fintech sector and elucidated both the forces propelling its growth and the future it’s hurtling towards. Today’s fintech industry sees a massive trend of traditional businesses turning their attention to…
A congressional hearing on Thursday shed some light on how lawmakers may approach cryptocurrency and illicit finance as that becomes a focus in ongoing legislative efforts. During a House Financial Services Committee hearing titled “Crypto Crime in Context Part ll: Examining Approaches to Combat Illicit Activity,” a congressional panel examined…
This comes amid Deutsche Borse gearing up to introduce its digital exchange, DBDX, targeting institutional investors. Deutsche Borse Expands Presence in Crypto Market A recent report indicates that Crypto Finance, a subsidiary of Deutsche Borse, has obtained four key licenses from the German Federal Financial Supervisory Authority (BaFin). The entity…
This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day. Latest Prices Top Stories Bitcoin dropped on Tuesday after experiencing low volatility over the past few days, and traders are expecting the…
This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day. Latest Prices Top Stories Bitcoin held above $46,500 on Tuesday morning after briefly touching $47,000 as the ETF race ramps up. The…
Garlinghouse’s comments stem from Gensler’s recent statements about widespread noncompliance in the crypto industry. The regulator emphasized the detrimental impact of these actions on individuals, often leading to bankruptcy without adequate recourse. Gensler said: “There is a lot of noncompliance in the crypto space. It undermines confidence when so many…
This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day. Latest Prices Top Stories Altcoins led gains on Tuesday, with NEAR Protocol NEAR climbing 15% and Avalanche AVAX and Solana SOL adding…