Cryptocurrency exchange Gemini announced in a press release Thursday (Jan. 14) that it will soon be offering a cryptocurrency rewards credit card with its acquisition of Blockrize, which was developing such a card. Gemini Credit Card users will earn up to 3 percent back in...
The Office of the Comptroller of the Currency (OCC) granted digital asset platform Anchorage Trust Company a digital banking license, according to a press release Wednesday (Jan. 13). With the national trust bank charter, South Dakota-based Anchorage will become Anchorage Digital Bank, National Association. The...
Goldman Sachs Global Head of Commodities Research Jeff Currie told CNBC the bitcoin market is maturing. “I think in any nascent market you get that volatility and those risks that are associated with it,” he said, according to CNBC, following a sharp tumble on Monday...
The U.K. Financial Conduct Authority (FCA) said new scams could end up having devastating effects on crypto investors, CoinDesk reported. According to the FCA, investors could lose “all their money” if they invest in crypto products offering high returns, CoinDesk reported. The FCA said customers...
Grayscale Investments CEO Michael Sonnenshein told Bloomberg that the digital asset management firm has seen increased crypto investments from pension funds and endowments, driving digital asset growth and acceptance. Grayscale’s 10 funds hold investor’s cryptocurrency shares in an unredeemable capacity, which can only be sold...
South Korea will begin taxing crypto benefits 20 percent, from both buying and selling, beginning in 2023, according to a report from Asia Today. According to the report, investors making more than 2.5 million won (about $2,200) from digital assets will be hit with the...
Bitcoin’s price rally is continuing, setting a new record high of $35,821 on Tuesday night (Jan. 5), CNBC reported. Although it dipped slightly, its price still stood above $35,000 on Wednesday (Jan. 6), sitting at $35,277.69 as of 1:47 p.m. Eastern time. Despite some recent...
CoinDesk has acquired digital asset index TradeBlock, the cryptocurrency news platform announced in a press release Tuesday (Jan. 5). TradeBlock provides price references, customizable algorithms and other cryptocurrency data. With its acquisition, CoinDesk plans to invest and expand TradeBlock’s enterprise trading tools and order management...
Binance, Bittrex and Crypto.com have all announced that they will delist XRP following last week’s news that the U.S. Securities and Exchange Commission filed a lawsuit against Ripple for trading the cryptocurrency without registering it as a security. Binance said in a blog post that...
