South African crypto platform “Africrypt” steals 3.6 billion USD
The two South African brothers behind the crypto investment platform “Africrypt” have disappeared along with 3.6 billion USD in bitcoin bought with investors’ funds. Regulators…
Month: June 2021
China continues crackdown on Bitcoin mining
Since the beginning of the year, China has shut down Bitcoin mining farms nationwide. On the one hand, this is an attempt by China to…
University of Basel makes crypto course publicly available
The University of Basel’s Center for Innovative Finance (CIF) decided to make its introductory “Bitcoin, Blockchain and Cryptoassets” bachelor’s course open access. Some of its…
Major bank BBVA supports Bitcoin services
Spain’s second-largest bank, BBVA, is launching a new business for private banking clients in its Swiss arm that will allow investments in alternative digital assets…
Project Jura: The next step for a Swiss CBDC?
The Swiss National Bank (SNB) is continuing its experiments in the field of central bank currencies (CBDCs). “Project Jura” is investigating cross-border payment processing in…
Thailand bans “meme tokens” and NFTs
Thailand has recently imposed restrictions on cryptocurrency trading. The South-east Asian nation’s Securities and Exchange Commission (SEC) has implemented a ban on various types of…
China censors crypto searches
Social media in China is blocking recent search results, and suspending the accounts of popular crypto-related content creators. If the situation continues, then this appears…
Regulators looking into Decentralized Finance (DeFi)
After a boom in decentralized financial applications (DeFi) regulators are increasingly looking into the young subsector of the crypto industry. The US Commodity Futures Trading…
Standard Chartered launches trading platform for cryptocurrencies
Standard Chartered Bank (StanChart) wants to establish an institutional trading platform for cryptocurrencies in the UK and Europe. The new exchange is expected to launch…
Digital Yuan ready for use as of 2022
The People’s Bank of China (PBoC), the Chinese central bank, plans to use their digital yuan during the 2022 Winter Olympics in Beijing. It could…