A Swiss based digital asset management and custody company was granted a securities house license by the Swiss Financial Market Supervisory Authority. In this way, confidence was provided to customers in terms of risk and liquidity in crypto currencies, where institutional adoption increased, and the company stated in a statement that possible problems will disappear and investments will grow thanks to the license.
Guggenheim Can Legally Invest in Bitcoin Trust Fund
Investment giant Guggenheim applied to the US Securities and Exchange Commission (SEC) for Bitcoin transactions in November to invest in the Grayscale Bitcoin Trust fund. It was announced by the SEC that these transactions could only begin as of February 1. The assets under the Guggenheim's management are worth more than $ 246 billion, and the company can now trade up to $ 500 million in BTC.
Bridgewater Interprets Bitcoin
Bridgewater researchers, the world's largest hedge fund, discussed three challenges in Bitcoin in their newsletter. Bitcoin is still very volatile, regulation uncertainties and liquidity levels. When Bitcoin overcomes these difficulties, expectations were announced that institutional demand will increase. Bridgewater CEO expressed his admiration for Bitcoin in a statement.
Negotiates with Ripple to Turkey and Kuwait Cooperation
According to a statement issued by a bank based in Kuwait, Kuwait Finance House and charge customers between Kuwait and Turkey 7/24 ripplenet the network to be used for a platform that can transfer money. In the continuation of the statements, it was stated that they want to benefit from Blockchain technology and increase its benefits in order to adapt to the financial sector.
Bitcoin Statement by Elon Musk
Elon Musk, one of the richest men in the world, made a statement in the program he attended this morning as "I am a Bitcoin supporter, Bitcoin is about to be accepted in the traditional finance community." Emphasizing that he should have bought Bitcoin eight years ago, Musk stated that although he was late, those who believed in Bitcoin were also included.
Another Delist News for XRP
One of the world's largest leveraged cryptocurrency exchanges based in East Africa reported that as of February 15, XRP transactions will no longer be made on the platform. According to the announcement, the exchange will remove the XRP / USD and XRP / BTC trading pairs from its platform on February 15th.
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