Cryptocurrency Analysis and News Portal
Amber Group, a Singapore-based crypto lender, is considering selling its Japanese unit as part of its plan to focus more on institutional business rather than retail business, Bloomberg reported. According to Annabelle Huang, Amber's managing partner, the firm is currently evaluating options for its Japan operation, including a potential sale. Currently,
Read More
“Bitcoin index futures and options are a rapidly growing asset class,” Frank Soussan, Head of LCH DigitalAssetClear, said in a statement, citing “increasing interest among institutional market participants looking for access within a regulated environment they are familiar with.” Source
Read More
Regulators in the United States have been piling on the pressure on the crypto space over the last year, even more so in light of the FTX demise and collapse of Silicon Valley Bank (SVB).Now, according to a job posting on the official government website, the U.S. Securities and Exchange
Read More
The Securities and Exchange Commission said in March that it was planning to add additional staff to the unit. Source
Read More
The license means Boerse Stuttgart Digital will be able to provide institutional investors with services for trading crypto as well as fiduciary custody, Germany's second-largest stock exchange said in an email Thursday. Among the institutions it expects to make use of the offering are banks, brokers, asset managers and family
Read More
The 40 former branches of Signature Bank will operate under New York Community Bancorp's Flagstar Bank, N.A., as of Monday. Source
Read More
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a
Read More
The regulator has maintained a steady stream of crypto cases over the past couple of years, but recent weeks saw a spate of enforcement actions and accusations that could form the basis of a kind of shadow rule for digital assets in the absence of formal cryptocurrency policy the industry
Read More
Meanwhile, Tesco plans to expand its rapid delivery series Whoosh to 800 stores by the end of the month. British multinational grocery and general merchandise retailer Tesco (LON: TSCO) is considering selling its banking business arm. This comes as the retailer plans to review its presence in the banking sector
Read More
Of the $219.5 million total balance FTX Digital held in banks, $21.5 million has been realized by the liquidators, and a further $54.5 million is pending transfer to them, the document said. Another $143.2 million held in U.S. accounts has been seized by the Department of Justice, and other funds
Read More