Crypto

TMX Group, Canada’s largest stock market operator, is gearing up to roll out its first crypto futures product. A report unveiled this news on February 8, citing the company’s CEO, John McKenzie. Per McKenzie, TMX is in response to institutional investors’ desires to mitigate the risks of trading in crypto. Reportedly, TMX seeks to drop its new product before the end of the year. The product will go live on the Montreal Exchange. While this will be the firm’s first…

When experts claim “data is the new oil,” it may be hard to understand all the statement's implications. But, in short, information and data are receiving a higher valuation on the market year after year. A few decades ago, Wall Street saw energy-related companies among those with the highest market cap. Today, attention has moved towards data-based companies, such as social networks. Of course, the other side of the data coin is that information online is becoming more sensitive. Unfortunately,…

While the regulatory world proceeds on different and disconnected paths, Brazil represents one of the most attractive markets for crypto exchanges. Several macroeconomic and legal factors are creating an optimal environment for these companies. This article will provide a general overview of the topic, including the main aspects attracting crypto exchanges' attention. Finally, we will report the views of some of the world's leading businesses on Brazil and its future in the crypto universe. The stablecoin mania 2021 was a…

We’re all going to make it, HODLers – at least for Valentine’s day. A new study from eToro – the world’s largest social investing platform – finds cryptocurrencies can make one more popular on the dating scene. Bitcoin Fixes…Your Love Life? As reported by CNBC, the study stated that 33% of Americans are more likely to go on a date with someone mentioning cryptocurrencies in their online dating profile. That’s compared to just 26% of Americans that own Bitcoin, according…

Key Russian financial authorities have radically different views on crypto regulation. On Wednesday, Finance Minister Anton Siluanov voiced his opposition to the Bank of Russia's harsh stance on crypto. In a letter to Prime Minister Mikhail Mishustin, said that the country should regulate, rather than ban cryptos. He also said that crypto regulation would bring in an additional $2.3 billion in taxes to Russia. To make regulation more effective, he suggested allowing banks to provide exchange services. This would allow licensed…

BlackRock is one of those asset management firms that often creates new exchange-traded funds (ETFs). However, the news of BlackRock's latest filing has made a lot of excitement in the blockchain world. The company announced its intention to open a fund to replicate the performance of the crypto sector. However, behind this statement, reported by many websites, some crucial nuances arise. Our article will analyze the news in detail, adding no information regarding BlackRock's position on cryptocurrencies. BlackRock is pursuing…

The position of the Russian regulator has become increasingly restrictive towards cryptocurrencies in 2021. By the start of 2022, we have received several reports of further legislative moves that Moscow is allegedly studying. The positions on the issue in the country are different, and, to date, the direction of the policymakers is unclear. In this article, we provide an overview of the situation, reporting the opinion of several prominent people on this topic. An evolving situation At the moment, in…

Amid a sea of over 17,000 cryptocurrencies today, Fidelity still considers Bitcoin unique from the crowd. The $4 trillion asset manager recently released a report arguing that Bitcoin is a superior monetary good to all other cryptos. That said, it highlights other cryptocurrencies and chains as thriving in different market niches. Therefore, they are complementary – not competitive – to Bitcoin. Bitcoin is One-of-a-Kind Fidelity’s report – titled “Bitcoin First” – was posted to its site on Monday by Chris…

Among the many benefits of cryptocurrencies, the world is discovering the help they can bring to poorer countries. In addition, cryptocurrencies can play an important role when centralized money isn't easily accessible. As an example, today, we will talk about an exciting story from South Africa. In this region, in sub-urban areas, Bitcoin adoption could change the lives of several people. Hermann Vivier and Bitcoin Ekasi Increasingly, we hear stories demonstrating the growth of cryptocurrencies in geographic areas with challenging…