Robinhood’s Chinese rivals to launch crypto services abroad
China-based trading apps Futu and Tiger Brokers have announced plans to move into crypto to compete outside China with apps such as Robinhood and eToro.
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How blockchain technology is revolutionizing KYC in financial services
‘Know your customer’ is key to anti-money laundering efforts. Isabelle Corbett of R3 explains why blockchain is uniquely suited for KYC/AML.
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Singapore’s DBS Bank launches its first digital bond
Singapore’s DBS Bank has announced its first security token offering on the DBS Digital Exchange.
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Indian central bank in climbdown over crypto ban
India’s central bank has said that banks and other finance sector businesses should not adhere to a prohibition it imposed on lenders dealing in cryptocurrencies.
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Gold vs. Bitcoin: Which one is better as a safe-haven asset?
Gold prices are rising again and at a three-month high. How does gold — a store of value for over 2,500 years — compare to Bitcoin as a refuge from market turmoil?
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Privacy coin Monero surges as US and Australia target crypto gains
Privacy-centric coins like Monero, ZCash and Dash are seeing big price rises as the IRS and ATO issue warnings on taxable crypto transactions.
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Chinese crypto traders dodge clampdown in move to OTC, P2P platforms
Since Beijing’s announcement of tighter restrictions on cryptocurrency trading earlier this month, investors have found a workaround in over-the-counter and peer-to-peer transactions.
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Bitcoin mining difficulty drops 16% amid Chinese regulatory headwinds
The latest Bitcoin mining difficulty adjustment, made at 1 a.m. UTC on May 30, saw the difficulty of Bitcoin mining drop 15.97%.
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Turkey’s crypto clampdown underwhelms as investors claim ‘business as usual’
Turkish regulators have tightened their grip on cryptocurrencies, but small traders and investors appear to have barely noticed.
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Huge cryptocurrency scam boosts S. Korea’s crypto crime losses to US$5B
Police in South Korea have arrested 14 individuals in a cryptocurrency fraud case estimated to have cost 69,000 investors a total of US$3.85 billion, taking the country’s losses to US$5 billion over the past five years.