Search Results for "fidelity"
Fidelity Institution's President Advocates Room for Consumers to Acquire More Crypto
Fidelity Institutional boss, Michael Durbin is advocating more crypto allocations for consumers
Investors Flock to US Money Market Funds Amid Banking Crisis
Amid banking crisis fears, investors have poured $286 billion into US money market funds in March, with Goldman Sachs, JPMorgan Chase, and Fidelity among the biggest winners. These funds are offering high liquidity and low risk, making them popular during uncertain times.
Crypto Is Entering the Early Stages of Mainstream Adoption, says Kraken CEO
Jesse Powell, the co-founder and CEO of crypto exchange Kraken, believes that the crypto sector is in its early stages of mainstream adoption.
Institutional Investors Pump $429 Million Into Crypto as Bitcoin Steals the Show
In the past one week, institutional investors pumped a whopping $429 million into crypto funds and products, with GrayScale taking the bulk at $336.3 million.
Bitcoin Plunges Despite Tesla's Bitcoin Announcement and Reports of Fidelity's ETF Filing
Bitcoin is down despite Fidelity's ETF filing and Tesla's announcement that the company will welcome Bitcoin payments.
JPMorgan says MassMutual Bitcoin Investment Signals Institutional Demand Could Quickly Grow by $600 Billion
JPMorgan thinks growing institutional demand could see up to $600 billion flow into Bitcoin in the near future after insurance giant MassMutual invested $100 million into BTC.
Kraken Is the First Cryptocurrency Exchange to Become a US Bank
Kraken San Francisco-based crypto exchange was approved yesterday by the Wyoming Banking Board and is now the first exchange to become a US bank.
ING Bank-Led Security Token-Focused Project Pyctor Was Selected by UK's FCA for its Regulatory Sandbox
Led by ING Bank, in collaboration with ABN AMRO, BNP Paribas Securities Services, Invesco US, Société Générale – Forge, State Street, and others have launched a digital asset project — Pcytor.
Bitcoin Poised for a Breakout, BTC Price Shows First Buy Signal Since COVID Crypto Market Crash
Bitcoin’s price has been trading around the $10,000 level for weeks—this could all change as Bloomberg's indicators suggest.
Binance to Launch UK Crypto Exchange to Meet Client Demand
Binance, the leading cryptocurrency exchange has announced that it will launch a regulated crypto trading platform in the UK, in the coming months. Binance.UK is planning to create a trading platform to allow retail and institutional investors to sell and buy cryptocurrencies using euros and pounds.
KPMG Advocates for Institutional Custody as Estimated $9.8 Billion of Crypto Stolen Due to Lack of Security
One of the big four accounting firms, KPMG estimated that at least $9.8 billion in cryptocurrencies have been stolen by hackers since 2017 due to security issues or poorly written code. According to the KPMG report, the cryptocurrency market will need to see huge improvements for the $245 billion industry to keep growing.
Crypto & the FATF: ING Develops Travel Rule Protocol for Tracking Crypto Transfers Ahead of FATF Plenary Meeting
The FATF has a wide range of recommendations, a total of 40 to ensure regulatory alignment between the compliance imposed on financial institutions and the regulations in its member states. The FATF Travel Rule is Recommendation 16, which has received a lot of attention from the crypto industry, especially virtual asset service providers (VASPs).