Deutsche Boerse, a German-based stock exchange operator, has acquired a majority stake in Swiss-based cryptocurrency company Crypto Finance AG.
14% of Financial Advisors Use or Recommend Crypto Assets
In a survey of more than 500 financial advisors, 14% of financial advisors said they use or recommend Bitcoin and cryptocurrencies, compared to less than one percent last year.
New Regulation from South Africa
The transfer of locally acquired cryptocurrencies in South Africa to overseas cryptocurrency exchanges will be criminalized under the new regulations.
Warning from Regulators to Financial Institutions in Mexico
Financial regulators in Mexico have warned financial institutions using cryptocurrencies, saying digital assets are still illegal in the country.
Nansen Raised $12 Million
DeFi-based cryptocurrency tracker Nansen has raised $12 million in a funding round led by Andreessen Horowitz (a16z).
TP ICAP To Launch Cryptocurrency Trading Platform
UK-based brokerage firm TP ICAP; It will open a cryptocurrency trading platform with Fidelity Investments and Standard Chartered.
John Williams Evaluates Cryptocurrencies
John Williams, Chairman of the Federal Reserve Bank of New York, stated that the emergence of cryptocurrencies is contrary to current regulations.
Spain Considers Alternative to National Digital Currency Euro
According to the Spanish newspaper El Economista, the Spanish Socialist Party (PSOE) has submitted an illegal proposal (PNL) aimed at launching a national digital currency as a solution to the reduction in the use of physical cash.
UK's NatWest Bank Limits Transactions to Cryptocurrency Exchanges
As cryptocurrency pressure continues in the UK, another bank has intensified its efforts to restrict its customers' use of digital assets. According to a Reuters report, Natwest Group has limited the daily amount its customers can send to cryptocurrency exchanges.
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