‘Cryptocurrencies are here to stay’ — The new Chairman of Malta Bankers Association

'Cryptocurrencies are here to stay' — The new Chairman of Malta Bankers Association

Malta has been in the spotlight of the blockchain space. The island made itself a reputation of 'a blockchain island' for offering tax incentives and jurisdictional certainty to cryptocurrency-based businesses. Marcel Cassar, the newly appointed chair of Malta Bankers Associations has shared his vision of blockchain and cryptocurrencies in an interview to local news outlet … Continue reading ‘Cryptocurrencies are here to stay’ — The new Chairman of Malta Bankers Association

6th Largest Crypto Exchange in the World Hacked – $30 Million Stolen

6th Largest Crypto Exchange in the World Hacked - $30 Million Stolen

Cryptocurrency hacks are becoming so popular that it has become a daily occurrence. The latest is on one of the world’s largest cryptocurrency exchanges, Bithumb. The apparent hack has cost Bithumb a reported loss of $30 million. Bithumb is a cryptocurrency exchange headquartered in Seoul, South Korea and is a leader in the cryptocurrency market … Continue reading 6th Largest Crypto Exchange in the World Hacked – $30 Million Stolen

Government Officials Must Disclose Crypto Holdings Following New Guidance by the US Ethics Office

Government Officials Must Disclose Crypto Holdings Following New Guidance by the US Ethics Office

The US Office of Government Ethics (OGE) has released a new guidance for those working in the executive branch of the United States Government. The document orders federal employees to report their digital asset holdings. OGE stated that digital currency qualifies as “property held … for investment or the production of income” under the Ethics … Continue reading Government Officials Must Disclose Crypto Holdings Following New Guidance by the US Ethics Office

Regulated Cryptocurrency Custody Will Bring Huge Money – Hedge Fund Manager

Regulated Cryptocurrency Custodianship Will Bring Huge Money - Hedge Fund Manager

A hedge fund manager, Kyle Samani, is currently heralding a paradigm shift in cryptocurrency investing, supposedly caused by more explicit custodianship rules. This comes as the global cryptocurrency cap sits at around $275 billion, and an influx of institutional investors will be sure to increase this substantially. Although some are expressing concerns regarding the general … Continue reading Regulated Cryptocurrency Custody Will Bring Huge Money – Hedge Fund Manager