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Liberian Central Bank Asks Local Crypto Startup to Drop its Plan to Launch a Digital Asset

Liberian Central Bank Asks Local Crypto Startup to Drop its Plan to Launch a Digital AssetThe Central Bank of Liberia (CBL) has warned against a local crypto startup’s plan to proceed with the introduction of a digital financial product without adhering to the required regulation. According to the CBL, this act will not only be illegal but this will likely “undermine the country’s financial system.” The CBL’s warning follows an […]

Russia Cautious on Tokenizing Real-World Assets

Survey: 1 in 4 American Investors Believe Dogecoin is the Future

Survey: 1 in 4 American Investors Believe Dogecoin is the FutureThe meme-based crypto asset dogecoin has seen a phenomenal year, capturing a whopping 19,723% against the U.S. dollar during the last 12 months. Dogecoin’s price gains have pushed interest toward the cryptocurrency, quickly making it a recognizable name. A recently published survey from the web portal gamblerspick.com suggests one out of every four Americans “believe […]

Russia Cautious on Tokenizing Real-World Assets

Société Générale Launches Blockchain-Based Structured Product

Société Générale Launches Blockchain-Based Structured ProductFrench financial services giant Société Générale has issued security tokens on Tezos’ public blockchain as part of its ongoing experimentation with cutting-edge fintech applications. Latest Move Reflects Bank’s Efforts to Fold Cryptocurrency Operations Into Its Ecosystem In its latest milestone in the blockchain arena, French multinational bank Société Générale has issued its very first structured […]

Russia Cautious on Tokenizing Real-World Assets

SEC Filing Shows Blackrock Held Bitcoin Futures Contracts Worth $6.15 Million

SEC Filing Shows Blackrock Held Bitcoin Futures Contracts Worth .15 MillionAfter signaling its intention to get exposed to bitcoin, Blackrock, the world’s largest asset manager, has now revealed its initial investments toward the crypto asset. According to the asset manager’s filing with the Securities and Exchange Commission (SEC) on March 31, Blackrock, through its Global Allocation Fund, held 37 bitcoin futures contracts worth $6.15 million. […]

Russia Cautious on Tokenizing Real-World Assets

New Zealand Fund Invests 5% in Bitcoin— CIO Says You ‘Can’t Really Discount Bitcoin’

New Zealand Fund Invests 5% in Bitcoin— CIO Says You ‘Can’t Really Discount Bitcoin’A New Zealand hedge fund, NZ Funds Management, which had $350 million worth of assets under management at the end of December 2020, says five percent of its money is invested in bitcoin. According to the firm’s CIO James Grigor, ​bitcoin is also set to be featured in more of its Kiwisaver investment schemes within […]

Russia Cautious on Tokenizing Real-World Assets

‘Wolf of Wallstreet’ Jordan Belfort Now Bullish on BTC, Says Crypto Asset Will Reach $100,000

‘Wolf of Wallstreet’ Jordan Belfort Now Bullish on BTC, Says Crypto Asset Will Reach 0,000Jordan Belfort, the self-proclaimed “Wolf of Wallstreet” has moved away from his bearish views on bitcoin and now predicts the crypto asset might reach $100,000. Belfort, who has reinvented himself as a motivational speaker and consultant, says bitcoin unlike company stocks is more about “pure supply and demand.” He adds that the crypto asset is […]

Russia Cautious on Tokenizing Real-World Assets

UK Watchdog Bans Bitcoin Advert for ‘Irresponsibly’ Promoting Investments in the Crypto Asset

UK Watchdog Bans Bitcoin Advert for ‘Irresponsibly’ Promoting Investments in the Crypto AssetThe United Kingdom’s Advertising Standards Authority (ASA) has banned Coinfloor’s bitcoin advert for “irresponsibly” promoting investments in the crypto asset. The watchdog claimed the crypto exchange’s marketing campaign had targeted pensioners who were “unlikely to know” much about the topic. ASA’s ruling comes after the regulator received two complaints concerning the advert. According to a […]

Russia Cautious on Tokenizing Real-World Assets

Grayscale Adds 174,000 LTC to Its Litecoin Holdings- Price of the Altcoin Unresponsive

Grayscale Adds 174,000 LTC to Its Litecoin Holdings- Price of the Altcoin UnresponsiveAccording to reports, Grayscale added 174,000 tokens to its litecoin holdings in the past month. This haul pushed its total holdings of the altcoin to 1.44 million. Following this acquisition, which represents 80% of all litecoin that were mined in the past month, the total value of Grayscale’s holdings of the altcoin is now just […]

Russia Cautious on Tokenizing Real-World Assets