Nasdaq looks at crypto trading as it pushes into digital assets

Nasdaq is expanding into the crypto market in a sign that the world’s biggest financial institutions are undeterred by the collapse in digital asset prices. A US exchange operator announced on Tuesday that it will launch a digital assets service business that will provide institutional investors with protection against crypto tokens. The New York firm, … Read more

Cryptocurrencies are no digital cure-all for Iran, Russia, other sanctioned countries

Cryptocurrencies are being looked at by Iran, Russia and other sanctioned countries as a way to escape punitive barriers to international trade — but “crypto’s” reliance on banking systems makes it a safe haven for illicit payments. Crypto enjoys an “anonymous” reputation and is seen as a panacea by Moscow and Tehran as they seek … Read more

Crypto prices increase as traders return to the digital asset market

Crypto traders are showing signs of renewed confidence, with the digital asset’s market cap surging to $280 billion in July after a devastating sales and credit crisis scared many players out of the market. Investment products tracking crypto assets have dipped below $400mn since early July, marking the longest continuous weekly net gain since March, … Read more

Goldman Sachs has announced that Galaxy Digital has reached a milestone in the cryptocurrency trade

Goldman Sach is pushing digital assets-related products into the early market. The company was the first major bank in the US to trade crypto currency, CNBC reported. Goldman trades Bitcoin-enabled device with Crypto Merchant Bank’s Galaxy Digital Option, the two companies announced on Monday. The move is a significant step forward in expanding the cryptocurrency … Read more