Institutions news articles
PayPal Confirms it is ‘Exploring a Stablecoin’ After Dev Discovers it in Code
PayPal Coin is the new soon-to-be-released stablecoin from Paypal Holdings Inc, as revealed to Bloomberg News by Jose Fernandez da Ponte, Pa...
$900 Million Worth of New Bitcoin Mining Equipment Heading from China to USA in 2022
Nearly US$900 million worth of Bitcoin mining equipment is heading towards Las Vegas-based Marathon Digital Holdings. The firm announced the...
Institutional Crypto Custodians Raised $3 Billion in 2021
Investments into institutional-focused crypto custody firms have skyrocketed in 2021 – over US$3 billion has been raised this year, a ...
Report: One-Third of Hedge Fund Managers Plan to Add Crypto to Their Portfolios
A report released by Ernst & Young (EY) detailing the views of hedge funds and other investors on alternative funds like crypto shows th...
Crypto Adoption Rate is Mirroring Internet Adoption of the Late 1990s
Crypto adoption from 2014 to 2020 is resembling that of the internet from 1990 to 2000, the same years when the online boom was considered a...
ASIC Gives Green Light to BTC and ETH Spot ETFs, First Expected Next Week
The Australian Securities and Investments Commission (ASIC) has finally given the green light to Bitcoin and Ethereum exchange-traded funds ...
Mastercard Inks Deal Enabling Consumers to ‘Buy, Sell and Hold Digital Assets’
Credit card giant Mastercard will allow its customers to integrate crypto solutions and services to their consumers in the US. As first repo...
$2.2 Trillion Bond Giant Embraces Crypto as ‘Inflation Hedge and Store of Value’
Pimco, a US$2.2 trillion global fixed-income giant, will continue to explore crypto assets that have the “potential to disrupt the fin...
French CBDC Trial Incorporating Smart Contracts Heralded a Success
Banque de France, the French central bank, has successfully completed its 10-month trial using Central Bank Digital Currencies (CBDC) in the...
Europe’s First Bitcoin ETF Launches, Bullish News for Institutional Investors
Jacobi Asset Management, a London-based multi-asset investment manager, recently announced it had received approval from the Guernsey Financ...
Morgan Stanley CEO Admits Crypto ‘Isn’t a Fad’
Cryptocurrencies may not constitute a significant part of the business demand for Morgan Stanley, a top US investment financial institution,...
JPMorgan Says Institutional Investors Are Replacing Gold With Bitcoin
Bitcoin’s market cap hit the US$1 trillion dollar mark last week as BTC’s price surged to US$55,000. Analysts at American investment ban...