The majority of asset managers that bank with State Street are interested in digital assets such as bitcoin, but none have asked the global custodian to store them yet. …
Bank of China Issues $2.8B in Bonds for Small Businesses Using Blockchain Tech – CoinDesk
Bank of China, one of the four major commercial banks in China, has issued 20 billion yuan ($2.8 billion) in blockchain-based bonds for small and micro-sized enterprises with their…
MARKETS DAILY: Planning a Run on ‘Bitcoin Banks’? – CoinDesk
With markets mixed but mostly down, we’re looking at Deutche Bank’s 2030 crypto call, the movement encouraging an annual run on “Bitcoin Banks”, and Enjin’s Microsoft-fueled rally… Tune in…
Asset Manager Secures SEC Approval to Create Novel Bitcoin Futures Fund – CoinDesk
The New York Digital Investment Group (NYDIG) has secured approval from the U.S. Securities and Exchange Commission (SEC) to offer institutional investors shares of a new fund focused on…
Key Bitcoin Price Indicator Turns Bearish, But It May Not Be Bad News – CoinDesk
View Bitcoin’s monthly MACD histogram, a lagging indicator, has turned bearish for the first time since May. A break below the recent low of $6,511 is needed to validate…
Microsoft Collaboration Fuels 50% Rally for Enjin’s Cryptocurrency – CoinDesk
Microsoft’s collaboration with blockchain gaming startup Enjin has prompted a roughly 50 percent surge in the project’s native token over a two-day period. Enjin coin (ENJ) started to rise…
Multicoin Capital Hires Principal in Asia as Crypto VCs Look East – CoinDesk
As American cryptocurrency markets remain relatively subdued, investors are turning to Asia for fresh lifeblood. Case and point, Multicoin Capital just hired Beijing-based investor Mable Jiang, formerly of Nirvana…
Mnuchin ‘Fine’ With Libra Launch, But Crypto Project Must ‘Fully’ Comply With AML Rules – CoinDesk
Steven Mnuchin, secretary of the U.S. Treasury, has no issue with the launch of the Facebook-led Libra project – as long as financial rules are followed. “I’m fine if…
Microsoft Is Using Blockchain to Help Firms Trust AI – CoinDesk
Microsoft is pitching blockchain technology as a way to make artificial intelligence less scary for its corporate customers. Much like consumers who are wary of AI, enterprises are queasy…
Four Insights on Crypto Liquidity From Binance US and FTX – CoinDesk
The Takeaway Trading fees are going to come down Dinky coins matter to bitcoin liquidity Market data is never reliable Nothing in crypto is “institutional grade” Fragmented markets are…