As per the Swiss multinational investment bank, UBS Group, the high-net-worth clients in Asia are slowly shifting away from US dollar-based investments and preferring gold, cryptocurrencies, and Chinese assets. The co-head of wealth management for Asia of the Swiss bank, Amy Lo, stated that Gold is getting very popular in
The United States Security and Exchange Commission (SEC) is in talks with El Salvador over a potential cross-border crypto sandbox. This partnership could redefine how digital assets are regulated and tested between nations. This discussion comes amidst tension between both nations about deportation policies, casting political thoughts over what could
Global investment manager VanEck will debut a new cryptocurrency-linked exchange-traded fund (ETF) on May 14, 2025, after receiving regulatory clearance from the U.S. Securities and Exchange Commission (SEC). The ETF is listed under the NODE ticker. It will offer investors access to a broad range of stocks tied to the
California has taken legislative steps to protect digital asset rights, introducing a bill that supports self-custody, blocks discrimination on crypto usage, and addresses unclaimed property in the digital space. The bill, titled AB-1052, seeks to establish a legal foundation for digital assets in the state, with provisions that could affect
Global asset manager BlackRock plans to expand its digital asset team as its tokenized fund witnessed exceptional growth. The careers portal of the BlackRock website shows four new roles related to digital assets. It is clear that a major traditional asset manager like BlackRock is going big on digital assets.
The Oklahoma House of Representatives has voted 77-15 in favor of House Bill 1203, also referred to as the Strategic Bitcoin Reserve Act. The bill allows the state to invest a maximum of 10% of public assets in Bitcoin or other digital currencies that have held a market capitalization of
Cumberland SG Pte. Ltd., the Asian arm of U.S.-based cryptocurrency trading firm Cumberland, has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. While an IPA indicates MAS’s willingness to issue a license after certain conditions are fulfilled, it is not
Brazilian footballer Ronaldinho has released his official digital token, STAR10. Developed on the BNB Chain, STAR10 seeks to establish a distinctive connection between football and blockchain technology, providing football fans with access to special challenges, rewards, and events. The total supply of STAR10 is set at 1 billion tokens with
The crypto market has furthered downwards over the weekend. Bitcoin has once again docked its ship at $95,000 after progressing closer to $100K just a few days ago. These bearish winds have also swayed the AltSeason’s sails causing minor price drops. On the other hand, the past day has seen
North Carolina is the 20th U.S. state to propose Bitcoin reserve legislation. The lawmakers have introduced House Bill 92 (HB 92) to allow the state treasurer to invest up to 10% of public funds in BTC and other high-value digital assets. The bill, sponsored by House Speaker Rep. Destin Hall,
