Thailand’s central bank yesterday published guidelines to regulate and promote the use of blockchain technology in the financial sector. Released by Siritida Panomwon Na Ayudhya, assistant governor of the payment systems policy …
MoreTag: Crypto news
Historical New York power plant resorts to mine Bitcoin with excess energy instead of selling it
Mechanicville Power Station, a historical hydroelectric power plant based in New York has resorted to mining Bitcoin with some of the power it produces. “It’s the best [type of bitcoin …
More
Chicago’s First Midwest Bank increases Bitcoin exposure via Grayscale Bitcoin Trust
A division of Chicago’s First Midwest Bank increased its Bitcoin exposure last month, a filing with the US Securities and Exchange Commission shows. First Midwest is not alone in investing in Bitcoin via …
More
Woori Financial Group to provide crypto custody services
One of the biggest financial institutions in South Korea – Woori Financial Group – will start offering crypto custody services to its clients. Its banking unit – Woori Bank – …
More
The Fed’s digital dollar can bring millions into the digital economy
The Federal Reserve partnered with the MIT to research about establishing a digital dollar. The outcomes of the research to be revealed later this summer. The Digital Dollar Project, a …
More
UFC gets $175M sponsorship deal with crypto platform Crypto.com
Endeavor-owned UFC has agreed to sign a sponsorship deal with crypto.com. As per which, the cryptocurrency platform’s name will be on wrestlers’ fight kits both in and out of the …
More
$55 billion hedge fund Marshall Wace to start investing in crypto and stablecoins
According to The Financial Times, Marshall Wace, a major hedge fund from London, that manages approximately $55 billion has decided to dip its toes in the cryptocurrency sector. A growing interest …
More
Argo Blockchain takes $20M loan to build a new Bitcoin mining facility in Texas
Argo Blockchain is a U.K.-based bitcoin mining firm. Recently, it got $20M loan, with six-months load period, in order to build out its facility in Texas, U.S. The loan is …
More
Morgan Stanley Has Indirectly Invested In Bitcoin
American investment banking company, Morgan Stanley, has bought 28,289 shares of Grayscale Bitcoin Trust (GBTC) according to US Securities Exchange Commission (SEC) filings. Morgan Stanley currently manages over $2.3 trillion …
More
Colin Wu: ‘China crackdown on crypto might have surprising reason’
Chinese crypto journalist Colin Wu attributes the ongoing witch-hunt against cryptocurrencies in China to the environmental pivot of its policy. In his latest Twitter post, Mr. Wu shared the opinion …
More