Fidelity Clearing Canada, a subsidiary of Boston-based mutual fund giant Fidelity Investments, has obtained regulatory approval to launch the first cryptocurrency trading and custody solution for institutional players, The Globe and Mail …
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Fed governor took issue with recent suggestions for stablecoin regulation
Christopher Waller, a governor at the Federal Reserve, took issue with recent suggestions for stablecoin regulation in a November 17 speech. Specifically, Waller was responding to a recent report on stablecoins from …
MoreA new research: Over 40% of people prefer Bitcoin (BTC) to local currencies
A new study by crowdsourcing insight platform Premise has highlighted the perception of digital currencies in various countries, with a significant number of people preferring Bitcoin to local currencies. In …
MoreUmbrella financial services arrive on Cardano & Avalanche with ADA Finance’s DeFi suite
Blockchain technology is disrupting the way people interact with the financial world. Decentralized finance, or DeFi, has quickly become a popular way for users to participate in financial services by …
MoreEthereum (ETH) network to hit 1 million burned coins shortly
One of the main things fueling the ultimate bullrun on Ethereum is the burning mechanism that takes a large portion of ETH coins out of circulation and creates conditions in which the asset …
MoreSolana (SOL) is now the most staked digital asset by value
In light of the increasing adoption of the technology, many investors are resorting to crypto staking to diversify their passive income sources. In terms of the total value of crypto assets staked …
MoreIndian Prime Minister issued a stern warning that Bitcoin poses a threat to younger generations
On Thursday, November 18, 2021, Indian Prime Minister Narendra Modi issued a stern warning that Bitcoin poses a threat to younger generations, adopting a combative tone as his government prepares …
MoreThe Acala network wins Polkadot’s first parachain auction with $1.3 billion secured
Acala, an Ethereum-compatible DeFi protocol for scaling DApps, has secured the first slot on the much anticipated Polkadot’s parachain auctions. Acala, a decentralized Layer-1 smart contract platform, recently won the …
MoreCardano creator Charles Hoskinson says that the US needs a new system for regulating crypto
In a new interview on Thinking Crypto, the CEO of the technology company behind the blockchain platform Cardano, Input Output Hong Kong (IOHK), says that current regulatory approaches do not work well with …
MoreSHIB fundamental background remains strong: dominance reaches 21% among whale-tier holders
While Shiba Inu’s market performance leaves much to be desired, background on-chain and market data suggest that large investors are still interested in purchasing some tokens for their portfolios, according to Whalestats. The service …
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