Tags : firms

Regulation

50 Korean crypto firms apply for new licenses as strict

Fifty crypto businesses based in South Korea have applied for a license under the new Information Security Management System (ISMS), a government-backed certification that certifies companies that meet stringent standards of data protection and privacy. Crypto regulations are coming The regulation takes effect in September 2021 and is one of the first certifications for crypto […]Read More

Regulation

UK authorities say crypto firms ‘fall short’ of AML rules

Irish Central Bank official says cryptos like Bitcoin are a ‘great concern’ Derville Rowland, Ireland Central Bank’s Director-General for Financial Conduct, said in an interview with Bloomberg today that cryptocurrencies such as Bitcoin are “of great concern.” The bank’s official also addressed crypto investors saying “crypto-assets are quite a speculative, unregulated investment,” warning them to […]Read More

Bitcoin

Investment firms already absorbed 4.3% of Bitcoin supply: Arcane Research

Investment firms already have over 800,000 Bitcoins (BTC)—or 4.3% of the crypto’s current supply—under their management (AUM), Vetle Lunde, an analyst at crypto data firm Arcane Research, revealed on Twitter today. “Exchange-traded bitcoin investment vehicles now have more than 800,000 BTC under management, equaling 4.3% of the circulating bitcoin supply,” said Lunde. Exchange-traded bitcoin investment […]Read More

Bitcoin

Four tech firms have bought 66% of all Bitcoin mined

Four technology giants from around the world have been quick to jump on the Bitcoin bandwagon. And they are likely enjoying the multifold gains. Bitcoin frenzy Three firms from the US and one firm from China have brought over 66% of all new BTC mined in the past six months, figures show. Business analytics software […]Read More