Cryptocurrency Analysis and News Portal
The United States Securities and Exchange Commission’s chairperson Gary Gensler announced this month that the crypto industry should not escape the purview of the regulator. He highlighted that decentralized finance (DeFi) trading and lending protocols need particular attention when it comes to investor protections.Regulation can extend into a menu of
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Ghana’s central bank has inked a partnership deal with German banknote and securities printing company Giesecke+Devrient (G+D), for a retail central bank digital currency (CBDC) pilot. Ghana Progresses With Digital Cedi The Bank of Ghana announced the news of the agreement with the German company via a press release on Wednesday (August
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The business niche Deliveroo operates in has many rivals, with the biggest including Delivery Hero.The shares of British online food delivery company Deliveroo PLC (LON: ROO) is trending upward today on the news that German rival, Delivery Hero SE (ETR: DHER) has taken up a 5.09% stake in the business.
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Beginning on August 2, 2021, German institutional funds will be able to hold up to 20% of their assets in cryptocurrencies, possibly setting the stage for wider mainstream acceptance of Bitcoin (BTC) and other crypto assets by the nation’s pension funds. As Bloomberg reports, the new law alters fixed investment rules
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London-based ETC Group, the firm responsible for listing the first crypto exchange-traded product on Germany’s Xetra digital stock exchange, will offer a new listing for Litecoin.In an announcement today, the ETC Group said its physical Litecoin exchanged-traded crypto, under the ticker ELTC, will be launching on Deutsche Börse Xetra on
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SynBiotic SE, a German cannabis company, has announced that it is following the lead of companies like MicroStrategy and Tesla in shifting part of its liquid cash holdings into Bitcoin (BTC).In a Feb. 16 update on its website, the company stated that the move was spurred by “legitimate concern about
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German authorities have seized a Bitcoin wallet containing 1,700 BTC, valued at approximately $60 million at the current price. However, the wallet owner refuses to cooperate in disclosing the password. The seizure came about after an investigation into covert crypto-malware installations over two years ago. The fraudster at the heart of
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The Libra Association may have rebranded itself as Diem but that means little to German Finance Minister Olaf Scholz. According to a Reuters report, Scholz said in a statement that Libra’s rebranding as Diem was merely a cosmetic change. “A wolf in sheep’s clothing is still a wolf,” he said following
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Facebook’s Diem stablecoin, which recently changed its name from Libra, is still failing to impress German regulators.As reported by Reuters, German Finance Minister Olaf Scholz voiced his criticism of the project on Monday after a conference between G-7 finance ministers and central bank directors. Scholz called Facebook’s project “a wolf in sheep’s
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Hauck & Aufhauser is launching a cryptocurrency fund in January 2021. Source
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