Mukaya “Tai” Panich, Chief Venture and Investment Officer of Siam Commercial Bank’s venture arm SCB 10X, imagines a world in which decentralized finance (DeFi) powers the back-end of traditional finance …
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Wealthfront to offer crypto exposure to its clients through Grayscale
The financial institution Wealthfront announced it would expand its menu of digital asset investments by including Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE). Additionally, the company would provide …
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Swiss Private Bank says its wealthy clients are interested in cryptocurrency
In a recent interview, Zeno Staub, the CEO of Swiss private banking and investment management group Vontobel Holding AG, talked about their clients’ interest in crypto. The Vontobel CEO’s comments were made …
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US infrastructure bill will make regulatory changes to cryptocurrency
A provision in an infrastructure bill being debated by the U.S. Senate has prompted concerns in the crypto industry as it boosts Internal Revenue Service reporting requirements for investors and …
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Litecoin (LTC) becomes latest payment option added to BitPay
Recent reports indicate that Newegg.com, an online tech-focused retailer, will be the first merchants worldwide to accept LTC via BitPay. The first of what the Litecoin Foundation believes to be thousands. LTC’s creator, …
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Cardano to launch connector that bridges ADA wallet to decentralized applications
EMURGO, a founding entity of Cardano (ADA), announces that it is launching a new platform that will bridge the interaction between ADA users and decentralized applications (dApps) on the blockchain …
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Jack Dorsey’s Square to acquire Afterpay for $29B and will allow buying bitcoins
Popular mobile payments platform Square announced today that it has agreed to acquire Australian financial technology company Afterpay via a multi-billion recommended court-approved “Scheme of Arrangement.” The Jack Dorsey-led company …
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German institutional funds allowed up to 20% in crypto holdings
According to a new law coming into effect next week, some German investment funds will be able to hold up to 20% in digital assets. This comes amid growing demand …
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2% out of $1 billion Indian Covid crypto donations paid out so far
Up until now, around $20 million has been paid out from about $1 billion in cryptocurrencies sent to an Indian Covid relief fund two months after Ethereum co-founder Vitalik Buterin’s contribution, …
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E-commerce platform Shopify is going to let its users sell NFTs in storefronts
Shopify is an e-commerce platform that allows users to create online storefronts. Traditionally, it has handled physical merchandise, but now it is moving into digital goods with cryptocollectibles or NFTs. …
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