New House Crypto Panel Chair to Focus on Legal Transparency for Digital Assets

Representative French Hill, R-Ark., plans to be aggressive in regulating digital assets this year CQ-Roll Call, Inc. via Getty Images what happen As the new 118th Congress finalizes committee members, the Republican-led House of Representatives is showing signs of a new approach to the question of how cryptocurrencies will be regulated in the US, one … Read more

Fortaleza Digital Limited Launches Crypto Trading Pairs in Native Currencies in Latin America Bitcoinist.com

Fortaleza Digital Limited, a global fintech that enables individuals, corporations and institutions to access crypto markets in a safe and secure environment, has announced the launch of crypto trading pairs in Latin American native currencies. These indigenous currencies, such as the Mexican peso or Brazilian real, allow users in Latin America to easily buy and … Read more

Factbox: Many companies in the digital currency group’s crypto empire

Jan 12 (Reuters) – U.S. cryptocurrency company Digital Currency Group (DCG) is at the center of the industry’s latest downturn after one of its companies, Genesis, stopped trading clients in November. While Genesis says it is working to avoid bankruptcy, investors fear its collapse could destroy other related companies and projects. Here’s what we know … Read more

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