Citibank creates special unit to offer bitcoin and cryptocurrency services

2021-06-25T18:01:07+00:00By |Categories: Cryptonews|Tags: |

Although no details were given yet, NFTs, stablecoins and CBDC would also be included. Bank executives say there is increasing interest from customers Citibank announced that it will launch a cryptocurrency and digital asset service for some of its clients. It will be called the Digital Assets Group and will operate under the Wealth Management [...]

Almost 200,000 bitcoins have been withdrawn from major exchanges

2020-10-24T18:16:22+00:00By |Categories: Cryptonews|Tags: |

The BitMEX platform saw its reserves reduced by 49.55% in the penultimate quarter of the year. Data suggests that the number of users preferring non-custodial storage increased. Bitcoin reserves on exchanges such as Coinbase, OKEx, and BitMEX have dropped considerably in the penultimate quarter of the year. This is recorded by the BitUniverse platform, which [...]

SEC is willing to promote tokenized shares on blockchain, says its chairman

2020-10-06T16:39:26+00:00By |Categories: Cryptonews|Tags: |

Clayton views tokenization as positive as long as it is registered with the SEC. Blockchains will be "the internet of finance," according to Brian Brooks, Comptroller of the Currency The Securities and Exchange Commission of the United States (SEC) would have the disposition to promote the tokenization of shares through blockchains. This was stated by [...]

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