Institutional interest in cryptocurrencies increases in Canada, with 39% exposure. A KPMG survey reveals that 50% of financial services already offer cryptoasset services. Factors driving growth include rising US debt, dollar inflation and regulatory clarity. Canadian institutional investors have shown increasing interest in cryptocurrencies, with 39% direct or indirect exposure to crypto assets, a notable […]
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Different platforms have unsuccessfully challenged the dominance of the exchange in the country and the upcoming regulatory framework has affected them. A recent report revealed that South Korean exchange Upbit dominates the local crypto market with over 80%. Furthermore, Upbit rose to fifth place in the list of top five global exchanges. Upbit Enters List […]
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Igbara perpetrated multiple fraud schemes and defrauded investors of at least $8 million. Jebara Igbara, also known as “Jay Mazini”, who claimed to be a Crypto on Instagram, was sentenced by US District Judge Frederic Block to seven years in prison on wire fraud and money laundering charges. The ruling also requires Igbara to forfeit […]
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The purported notice “warned” deposit money banks (DMBs), non-banking financial institutions (NBFIs), other financial institutions (OFIs), and the public about the risks associated with crypto transactions. Recent reports reported on an alleged notice issued by the Central Bank of Nigeria (CBN). The document warned financial institutions that interacting with cryptocurrencies and facilitating operations for cryptocurrency […]
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Among his main expectations are a reduction in volatility, an increase in portfolio participation and a target price of more than $250,000. Matt Hougan, chief investment officer at Bitwise, has shared his predictions for Bitcoin ahead of the next halving, scheduled for April 2028. Hougan believes that the decrease in volatility will be driven by […]
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