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(Reuters) - Fireblocks, a platform that allows banks and other financial institutions to store, move and issue cryptocurrencies, on Thursday appointed Jay Clayton, former U.S. Securities and Exchange Commission chair, to its advisory board.
Despite China's crackdown on crypto mining, enthusiasts are exploring lesser known parts of the ecosystem as they try to stay in the game.
PETALING JAYA: Technology has always played a significant role in financial services, although that role has been one of support.
SHANGHAI: China is expected to issue tougher measures to intensify the crackdown on illegal mining and trading of virtual currencies, after the central bank reinforced a ban on related services provided by financial institutions, experts said.
WASHINGTON (Reuters) -The U.S. Securities and Exchange Commission on Friday said it has charged five individuals for promoting a global unregistered digital asset securities offering that raised over $2 billion from retail investors.
NEW YORK: Bitcoin and other major cryptocurrencies slumped after the People’s Bank of China (PBoC) conveyed a statement reiterating that digital tokens can’t be used as a form of payment.
SHANGHAI (Reuters) - Chinese regulators have tightened restrictions that ban financial institutions and payment companies from providing services related to cryptocurrencies, marking a fresh crackdown on digital money.
BITCOIN and other major cryptocurrencies slumped after the People’s Bank of China reiterated that digital tokens can’t be used as a form of payment.
Chinese cryptocurrency financial services firm Babel Finance rides the mainstream wave with US$40mil Series A
From geek-only to institutional, cryptocurrencies are becoming mainstream. Babel Finance, a Hong Kong-based crypto financial services firm, has just raised US$40mil from Sequoia Capital China and Tiger Global Management.