Philippine Central Bank Governor Explains Crypto Policy — ‘I Don’t Want It Banned’

Philippine Central Bank Governor Explains Crypto Policy — ‘I Don’t Want It Banned’

The governor of the central bank of the Philippines has shared his policy on cryptocurrency regulation. “I don’t want it banned,” he said, advising investors not to invest money they cannot afford to lose in crypto. Philippine Central Bank Governor on Crypto Regulation Felipe Medalla, the governor of the Bangko Sentral ng Pilipinas (BSP), the…

Global investment bank Moelis launches dedicated blockchain advisory team

Global investment bank Moelis launches dedicated blockchain advisory team

The investment bank launched its Global Blockchain Group on Monday. Moelis co-founder John Momtazee will head up the new team. Investment bank Moelis and Company announced on Monday that it is launching a dedicated blockchain advisory division to serve companies in the blockchain space and corporations that utilize blockchain technology.  Moelis & Company, founded in…

UK finance association labels crypto a ‘good alternative’ to traditional payments

UK finance association labels crypto a ‘good alternative’ to traditional payments

A new study has concluded that cryptocurrencies can complement traditional finance by acting as a ‘good alternative’ to the existing settlement processes. The study by the International Association of Money Transfer Networks (IAMTN) stated that through the blockchain technology that powers cryptocurrencies, remittances can be instant due to the ability to eliminate intermediaries like banks and in turn lower costs.  Notably,…

Barclays To Pour ‘Millions Of Dollars’ In Crypto Firm Copper

Barclays To Pour ‘Millions Of Dollars’ In Crypto Firm Copper

Barclays is investing in Copper, one of the most recognizable companies in the rapidly-shifting cryptocurrency market, even as the sector continues to be shaken by a number of defaults and insolvencies. Sky News reports that Barclays has joined the roster of notable financiers supporting Copper’s $2 billion investment round. Major Backers Of Crypto According to the…

Trading veteran sees more young investors choosing crypto over gold

Trading veteran sees more young investors choosing crypto over gold

Despite the cryptocurrency market wrestling with the volatility that has engulfed it in recent months, the sector is expanding due to, in part, the growing interest of young investors in digital assets, which some experts believe has replaced the fascination with gold of the previous generations. Specifically, JJ Kinahan, the new CEO of the North American branch of the…

BRAZIL’S LARGEST INVESTMENT BROKER TO OFFER BITCOIN TRADING IN AUGUST: REPORT

BRAZIL’S LARGEST INVESTMENT BROKER TO OFFER BITCOIN TRADING IN AUGUST: REPORT

In partnership with Nasdaq and BitGo, XP Inc. will offer bitcoin trading services leveraging cold storage custody solutions on a new platform. Brazil’s largest investment broker, XP Inc., will begin offering bitcoin trading next month. The broker will offer its trading services on a new cryptocurrency trading platform developed alongside Nasdaq. BitGo will serve as…

Metaverse Education: Japan’s University of Tokyo to Offer Metaverse Courses

Metaverse Education: Japan’s University of Tokyo to Offer Metaverse Courses

University of Tokyo (Todai), has announced that it will start offering metaverse courses this year. The school says the move is part of efforts to address the issue of the shortage of skilled experts in the digital innovation space in Japan.  Todai Unveils Metaverse Studies  The University of Tokyo (Todai), an institution of higher learning established in 1877,…