PostFinance Set To Launch Bitcoin Trading By 2024

The fifth largest retail bank in Switzerland will allow its over two million customers to buy, sell and hold bitcoin by 2024. PostFinance is not only a leading Swiss retail bank, but is also the banking arm of Switzerland’s post office. The bank already partners with Swissquote for cryptocurrency services, but looks to be creating … Read more

Chelsea Manning is skeptical about the economic aspect of blockchain

Blockchain technology has gained adoption in various sectors of the global economy, beyond cryptocurrencies. < American activist and whistleblower Chelsea Manning has revealed that she is bullish about blockchain technology. However, she is skeptical about the economic aspect of the technology. She made her points known during an interview with Decrypt, stating that she has been … Read more

EQONEX Launches Physically Backed Bitcoin ETN In Germany

EQONEX Limited launched a physically backed bitcoin ETN for German investors. Physical bitcoin will be custodied by Digivault in a segregated account. The company intends to build out more investor products to be offered internationally. German financial services company EQONEX Limited (NASDAQ: EQOS) has launched its first investor product with a new physically backed exchange-traded … Read more

Neopin Works with Cube Entertainment to Jointly Develop Metaverse Ecosystem

The blockchain platform Neopin has established a partnership with Cube Entertainment, the largest entertainment company in South Korea, to jointly develop the DeFi ecosystem of the Metaverse blockchain. Developed and launched by NEOPLY, the blockchain subsidiary of NEOWIZ Holdings, NEOPIN aims to be an “open blockchain platform” that connects a range of blockchain-related services such … Read more

Ticking Lower – Kraken Blog

After cryptoasset prices crashed in early May, with BTC falling nearly -32% from $39,500 to $27,000 within a week, prices continued lower in June as BTC dropped to a 1.5-year low of $17,600. BTC was down more than -57% year-to-date as of June 30, 2022, capping off its worst first-half year in history. It is … Read more

Hong Kong’s Market Regulator Elected as new FCA Chair

The United Kingdom’s Financial Conduct Authority (FCA) has announced Hong Kong’s CEO of Securities and Futures Commission of Hong Kong as its new Chair, with the scheduled projection for his term to commence in January 2023. Ashley Alder will take over from interim Chairman Richard Lloyd. Alder is a veteran when it comes to financial market regulation and … Read more

Binance ban off the cards, says Philippine trade and industry department

A proposal to ban global cryptocurrency exchange Binance from operating in the Philippines will not gather steam due to a lack of regulations towards cryptocurrencies in the country. The Philippines’ Department of Trade and Industry (DTI) has cited no clear guidelines set out by the country’s central bank, Banko Sentral ng Pilipinas (BSP), as a … Read more

How Bitcoin Helps Survivors Of The Prison Industrial Complex

For Americans cut off from basic financial rights because of their incarcerations, bitcoin can be freedom money. Ubaydah Baa’ith is one of thousands of formerly incarcerated Americans who found greater financial security thanks to bitcoin, since employment, banking and housing discrimination against returning citizens is widespread across the United States. “I come from generational incarceration. … Read more

Bitcoin May Tumble to $10K, Study Shows

According to Bloomberg, the latest survey by Bloomberg MLIV Pulse shows that Bitcoin may tumble to the $10,000 mark. The global speculative frenzy in the financial market due to the COVID-19 epidemic has once again crushed the cryptocurrency market. Since the epidemic is gradually brought under control, the market value of cryptocurrencies has evaporated by … Read more