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TP ICAP launches crypt ETPs
Highlights:
- TP ICAP has already executed the first trade with Wall Street heavyweight Goldman Sachs.
The world's renowned inter-dealer broker has launched a range of crypto-exchange related products for its European clients with fresh digit...
Pantera’s Bitcoin Feeder Fund touches a $63.7 million funding
An American hedge fund, Pantera Capital that manages more than $6.4 billion in its blockchain-related assets, today has now accumulated funds around $63.7 million 153 investors for its Bitcoin Feeder Fund.
Pantera Capital was founded in the year 2003, CFO Dan Morehead (By former Tiger m...
Brazilian Ministry Conducts New Auction for Unsold 5G Spectrum
Fábio Faria, Brazilian Communications Minister has informed that the government will be scheduling a new 5G spectrum auction. This is being carried out to sell the 26GHz frequency batches that did not attract interest.
Highlights
- Brazilian Commu...
Iran urges US to unlock US$10 billion frozen assets
Highlights
- Iran's foreign minister urges US to unlock US$10 billion frozen assets
- Amir-Abdollahian addressed the issue with Chung Eui-yong
Hossein Amir-Abdollahian has asked the United States to unlock US$10 billion of Tehran'...
Ukraine attempts to make cryptocurrency market transparent, passes bill to legalize cryptocurrency
Highlights
- Ukraine passes bill to legalize cryptocurrency
- The virtual assets in the country are estimated to be around $37,000
On September 8, the parliament in Ukraine legalized cryptocurrency. The parliament passed a law legalizing...
CHINA'S FUTURES MARKET ROSE IN APRIL; TRUST ASSETS SHRANK IN Q1
Highlights –
- China's futures market rose in April; trust assets shrank in Q1.
- Net profits and operating revenue posted double-digit growth in April.
- China’s total trust assets reached 20.38 trillion yuan at the end of the fi...
BOJ’S TOTAL ASSESTS IN FISCAL 2020 ROSE TO $6.5 TRILLION
Highlights –
- BOJ’s total assets in fiscal 2020 rose to $6.5 trillion.
- Japanese government bonds were purchased massively as part of the ultraloose monetary policy.
- The total assets rose 604.48 trillion yen from the previous year...
INDIA'S FOREX RESERVES RISE TO USD 589.465 BILLION
HIGHLIGHTS
- India's Forex Reserves have risen to US $ 589.465 billion.
- FCA of India have also increased.
- In the same period, the Gold Reserves of India also increased.
India's foreign exchange (Forex) reserves have ...
YES BANK WANTS TO BUY CITIBANK INDIA'S RETAIL ASSETS
HIGHLIGHTS
- Yes Bank is interested in buying retail assets of Citibank India.
- The India business of Citibank included credit card service, retail banking, mortgages, and wealth management.
- Citibank India also had a presence in the distributi...
CAPITAL GAINS FROM CRYPTOCURRENCIES WILL NOW BE TAXABLE IN S. KOREA
Highlights –
- Capital gains from cryptocurrencies will now be taxable in S. Korea.
- The government plans to impose a 20 percent tax on capital gains of virtual assets from 2022.
- Stock and bonds investors will have to pay taxes on capita...
HOUSEHOLD ASSETS IN JAPAN ROSE BY 2.8 PERCENT AT THE END OF DECEMBER
Highlights –
- Household assets in Japan rose by 2.8 percent at end of December.
- Japanese households’ cash and deposits rose by 4.8 percent.
- The household assets held in securities were up 0.7 percent at 198 trillion yen. <...
2021, A YEAR OF CRYPTOCURRENCIES
Highlights:
• Passive investment funds continue to dominate
• The domain is already doing better than the Q4 results of 202...
BITCOIN INVESTMENT FIRM, VALKYRIE TO INVEST IN FIRMS WITH BTC ON THE BALANCE SHEET
Highlights:
• Valkyrie has filed for ETFs with the SEC
• The investment by Valkyrie will be in any firm with any kind of bi...
3 NPA WORTH OVER RS 35 TEN-MILLION REPORTED AS FRAUD TO RBI
HIGHLIGHTS
- Indian Bank has reported three accounts as fraud to the RBI.
- The worth of these accounts is over Rs 35 ten-million.
Indian Bank has reported three accounts as fraud to the Reserve Bank Of India (RBI). The worth of these ac...
IT’S A DEAL; PAYPAL ACQUIRES CURV
Highlights:
• Paypal is keen on becoming more inclusive in its crypto offerings
• Curv is a part of Paypal’s expansion plan.
Paypal Holding Inc shall acquire Te...
BITCOIN SUPPORTER, SUNAYNA TUTEJA ASSUMES THE ROLE OF CHIEF INNOVATION OFFICER
Highlights:
• The role will give Tuteja an opportunity to look into new technology
• The cryptocurrency domain is excited a...
BITPAY PAYS FOR ALLOWING TRANSACTIONS WITH SANCTIONED COUNTRIES
Highlights:
• BitPay allowed transactions with sanctioned countries
• The platform will pay to settle charges with OFAC
...MAJOR JAPANESE FINANCIAL FIRM, SBI HOLDINGS LOOKING AT CRYPTO JOINT VENTURE
Highlights:
• SBI Holdings is already in the crypto domain with a subsidiary VC Trade that operates in the crypto lending space
• ...
GERMAN DEUTSCHE BANK TOO FORAYS INTO THE CRYPTO DOMAIN
Highlights:
• Deutsche Bank wants to facilitate a digital asset custody platform
• The bank’s interest was mentioned ...
CRYPTOCURRENCY DOMAIN WILL SEE BNY MELLON MAKE ITS PRESENCE
Highlights:
• BNY Mellon will begin as a crypto custodian
• The organization plans on diversifying its crypto portfolio int...