crypto assets

Prominent crypto conglomerate Digital Currency Group (DCG) is seeking to secure new banking partners for its portfolio companies in the aftermath of the recent collapses of Silicon Valley Bank (NASDAQ: SIVB), Signature Bank, and Silvergate Capital Corp (NYSE: SI). Coindesk reported that...

The U.K. Financial Conduct Authority (FCA) has extended its crackdown on unregistered crypto businesses in the country. What Happened: In a joint operation with the Metropolitan Police, the FCA inspected several sites in East London suspected of operating illegal cryptocurrency ATMs. The FCA's...

Nationwide Building Society and HSBC Holdings plc (NYSE: HSBC) implemented new limits on retail customers’ access to cryptocurrency assets, following industry scandals and regulatory warnings. What Happened: Nationwide Building Society announced Thursday it would be applying daily limits...

Online brokerage firm Robinhood (NASDAQ: HOOD) has announced the global rollout of its self-custody Web3 wallet — Robinhood Wallet — to all iOS customers. The wallet was previously available only to select beta users. the wallet offers users full control over their crypto...

The International Monetary Fund (IMF) called for a coordinated global response to the risks posed by crypto assets. What Happened: In a board paper, the IMF set out a framework of nine elements to guide members in developing a comprehensive, consistent and coordinated policy response. The...

The Securities and Exchange Commission (SEC) has charged former NBA player Paul Pierce for touting EMAX tokens on social media without disclosing payment he received for the promotion and for allegedly making false and misleading statements about the crypto asset. The Pierce...

Federal Reserve Gov. Christopher Waller on Friday warned taxpayers in the U.S. to not expect any sympathy from the government should the prices of cryptocurrencies they invest in end up crashing.  What Happened: Waller also emphasized the need for banks to be fully aware of the...

A draft law expected to be voted on by the European Parliament's economic affairs committee on Tuesday stated banks would have to set aside a significant amount of capital to cover their crypto asset holdings. What Happened: This was part of the Basel III accord, which required ...

A vast majority of Shiba Inu (CRYPTO: SHIB) holders are still in profit according to data from The Block. What Happened: According to The Block’s analysis of Shiba Inu token holders' balances, 78% of wallet addresses are making money at the token’s price of $0.000048. The price of...

One of most anticipated IPOs of 2021 took place Wednesday with Coinbase Global (NASDAQ: COIN) hitting the public markets. The cryptocurrency exchange company opened for trading at $381 a share. An analyst believes shares can go much higher than Wednesday’s opening price. The Coinbase...