Monday, May 24, 2021
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Diginex’s crypto custody arm receives green light from UK financial watchdog

Financial regulators in the U.K. have approved Digivault, the security token custody arm of digital assets group Diginex, to register as a custodian wallet provider.In an announcement from Diginex today, the firm said the Financial Conduct Authority, or FCA, had given the green light to Digivault to register as a

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The ‘YOLO Economy’ Kicks off as Generation Lockdown Turns to Crypto for Financial Freedom

Fed up with lockdown life, under-employed or overworked, many people are ditching their old routines and risking it all to pursue what is really important to them. Pundits have dubbed this movement of fulfillment-seeking workers and their money the ‘YOLO economy’. Cryptocurrency, now able to bring its promise of financial

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Binance Coin (BNB) Price Shoots All-Time High of $605, Overtakes Financial Giants Like UBS

Shooting 27% BNB price has surged past $600 for the very first time. With the surge, Binance Coin has registered nearly 1300% gains year-to-date beating some of the biggest traditional banking institutions. Ethereum competitor and the world’s third-largest cryptocurrency Binance Coin (BNB) has registered a solid price rally.

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UK crypto firms must now submit yearly financial crimes reports

The United Kingdom's Financial Conduct Authority has included cryptoasset businesses under the financial crimes reporting umbrella eight months after initially announcing plans to do so.The FCA made this known via a policy statement issued on its website on Wednesday. This move comes as the country’s financial regulator has increased the

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