Tether, issuer of the most widely used stablecoin, will use up to 15% of its net realized operating profits to buy bitcoin in an effort "strengthen and diversify" the reserves that back USDT. … [Read more...] about Tether will invest up to 15% of its profits into bitcoin
The European Union approves crypto legal framework
European Union member-states inch forward to create a comprehensive crypto regulation … [Read more...] about The European Union approves crypto legal framework
S&P Global Report Looks At Links Between Crypto Markets And Macroeconomic Factors
Cryptocurrencies seem to be less correlated with macroeconomic factors than traditional financial assets. This is according to a report "Are crypto markets correlated with macroeconomic factors?" published May 9, 2023. … [Read more...] about S&P Global Report Looks At Links Between Crypto Markets And Macroeconomic Factors
PayPal’s crypto assets increased in Q1 2023 up to nearly $1 billion
Financial technology company PayPal recently revealed its cryptocurrency holdings in a quarterly report. … [Read more...] about PayPal’s crypto assets increased in Q1 2023 up to nearly $1 billion
Coinbase considers UAE as possible strategic hub
The company is exploring the UAE transformative potential of the cryptoeconomy … [Read more...] about Coinbase considers UAE as possible strategic hub
Binance will soon launch operations in Japan
Binance Japan will offer services after acquiring Sakura Exchange BitCoin … [Read more...] about Binance will soon launch operations in Japan
Hong Kong to introduce new rules for crypto exchange licensing
Hong Kong authorities make way to establish a crypto-friendly jurisdiction … [Read more...] about Hong Kong to introduce new rules for crypto exchange licensing
Twitter to let users trade stocks and crypto
Twitter will let its users access stocks, cryptocurrencies and other financial assets through a partnership with eToro, the social trading and investing network. … [Read more...] about Twitter to let users trade stocks and crypto