Turkey made itself a name as a crypto-friendly country with a “wait and see” approach to digital assets, but that could be about to change, as the government is now …
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Grayscale to add 174,000 LTC to its Litecoin Trust
New York-based cryptocurrency asset managers Grayscale bought over 174,000 Litecoin over the past month. This is the equivalent of 80% of all mined LTC in February. As of today, the Grayscale Litecoin Trust holds $244.5mn of …
MoreBitcoin payments will be accepted by Major Canadian Car Dealer
Quebec-based car dealer HGreg has announced that it will start accepting cryptocurrencies in a press release. HGreg president John Hairabedian expects the bold move to improve clients’ shopping experience: Our desire to …
MoreTurkish Finance Ministry will study cryptocurrency with local regulators
Turkey made itself a name as a crypto-friendly country with a “wait and see” approach to digital assets, but that could be about to change, as the government is now …
MoreInvestor Dan Loeb dives deep into cryptocurrency
Dan Loeb, CEO of New York-based asset management firm Third Point and a well-known figure on Wall Street, has said he is looking into ways to bridge the gap between …
MoreNigeria’s vice president advises cryptocurrencies to challenge traditional banking
The Nigerian cryptocurrency community was shaken to its core when the country’s apex bank released a circular warning financial institutions to desist from enabling cryptocurrency transactions. The Central Bank made …
MoreBordier & Cie SCmA Bank to introduce cryptocurrencies to its clients
Bordier is opening a way for its customers to hold, buy, or sell cryptocurrencies like bitcoin (BTC), tezos (XTZ), and ethereum (ETH) while leveraging an array of products from Sygnum’s platform. Merging Bordier to utilize Sygnum …
MoreTotal estimated crypto users worldwide tops 100 million
Crypto exchange and debit card provider Crypto.com has published a new report estimating that the total number of crypto users globally rose from 66 million in May 2020 to 106 …
MoreFederal Reserve is “looking very carefully” into a digital dollar
In his remarks for the Senate Banking Committee, Federal Reserve Chairman Jerome Powell mentioned that a digital dollar was a “high-priority” project. However, at this stage, the central bank is still assessing …
MoreU.K.-based crypto firm launches service for company treasuries to invest in Bitcoin
BCB Group, a global digital financial services firm, is planning to help corporations navigate cryptocurrencies like Bitcoin (BTC) by launching a dedicated service. According to a Feb. 19 announcement, BCB Group …
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