According to a Bloomberg report, Japan is progressing towards enabling venture capital firms and other investment funds to hold crypto assets directly. Prime Minister Fumio Kishida’s administration has agreed to submit a revised bill to implement this change, marking a significant development in the country’s approach to cryptocurrencies. Prime Minister Kishida Backs Crypto Integration Per […]
The Bank of Russia, in its latest report, revealed a concerning rise in financial scams with crypto-related elements in 2023. The number of entities involved in illegal activities, including financial pyramids, allegedly increased by 15.5% compared to the previous year, reaching 5,735 identified cases. Online Scams Skyrocket As Crypto Takes Center Stage The report highlights […]
Hedera, an open-source public distributed ledger network, has announced a five-year partnership agreement worth $250 million with the Saudi Ministry of Investment. Hedera And Hashgraph Launch DeepTech Venture Studio As part of the agreement, Switzerland’s Hashgraph, the company behind Hedera, unveiled the establishment of the DeepTech Venture Studio in Riyadh. This facility will serve as […]
A recent survey conducted by Binance indicates a strong bullish sentiment among European investors despite the recent volatility in the nascent industry. The cryptocurrency market has recently witnessed a significant correction, following the lead of Bitcoin (BTC) and increased selling pressure since January 12. However, the market has shown signs of stability and recovery as […]
In a series of predictions, Ripple’s Senior Vice Presidents (SVPs) Eric van Miltenburg and Aaron Sears foresee a transformative shift in the financial landscape, with traditional finance institutions embracing cryptocurrencies and regulatory alignment taking place. Financial Institutions Embracing Blockchain Eric van Miltenburg, Ripple’s SVP for Strategic Initiatives, foresees a “new era of finance” emerging as […]