DBS to launch crypto options and structured notes for institutions
18 Sep 2024
187 Views

Singapore’s DBS Bank will launch over-the-counter (OTC) crypto options trading and structured notes for its institutional clients. On Sept. 17, the bank announced that it would offer financial products linked to the price of Bitcoin and Ether, the two biggest digital assets by market cap. DBS said that starting in the fourth quarter of 2024, clients…

Circle predicts stablecoins will become mainstream global payment method
16 Sep 2024
184 Views

Circle, the issuer of the world’s second-largest stablecoin USDC, feels “confident” that stablecoins will become mainstream money. Simultaneously, regulations should be harmonized globally to ensure compliance for all payment stablecoin issuers. “Circle is confident that there will be mainstream adoption of stablecoins as the money for the internet age,” Dante Disparte, chief strategy officer and…

Does Hong Kong’s slow approach to crypto regulation risk stifling digital asset growth?
15 Sep 2024
150 Views

Hong Kong-based First Digital Trust expressed hopes that the city will accelerate the regulation of the digital assets sector. Hong Kong, aiming to position itself as a global hub for cryptocurrency, currently has only two fully licensed virtual asset trading platforms: Hash Blockchain and OSL Digital Securities. Many other crypto exchanges are still awaiting full operational…

How to become a global citizen, with or without crypto — Nomad Capitalist
02 Aug 2024
194 Views

For centuries, the world’s elite have possessed the knowledge and asset planning to transcend national borders and become international citizens, seeking favorable tax jurisdictions and routes of escape should the economic or political situation deteriorate in their home countries. Today, Nomad Capitalist, a tax strategy and immigration advisory firm, brings that knowledge to crypto investors….

Crypto on track to hit 1B users by end of 2025 — Analyst
30 Apr 2024
290 Views

The cryptocurrency industry could reach its first billion users by the end of 2025, according to Bitcoin analyst Willy Woo. Woo wrote in an April 29 X post: “On track for 1 BILLION crypto users by the end of 2025. An extrapolation of many independent prior studies in this chart. Binance estimates that 65% of…

Insights from Token2049: How crypto wealth is made
28 Apr 2024
460 Views

Crypto conferences are hotspots for people who accumulated vast wealth by taking advantage of the rapid growth of digital assets. At Token2049 in Dubai, Cointelegraph’s Bradley Peak caught up with attendees to uncover the secrets behind their wealth. The stories he heard were as diverse as the people themselves. Some were lucky or smart enough…