Cryptocurrencies have gained significant traction in Singapore, with the majority of its citizens having some level of interaction with the digital asset, as revealed by a recent survey. Singaporean Interest in Cryptocurrencies A substantial portion of…
Winter for the cryptocurrency industry persists with Coinbase being the latest to downsize its business by cutting nearly 1,000 jobs. Coinbase – the world’s second largest crypto exchange by trading volume – will cut 950 jobs, or about 20 percent of its…
The world’s largest asset manager wants to make cryptocurrencies more accessible to its institutional clients. A welcome step for partner Coinbase, which is facing regulatory problems. You could hardly find two more divergent viewpoints on cryptocurrencies.…
Despite the growing embrace of cryptocurrencies among institutions and retail investors, HSBC is sticking to its policy of avoiding virtual currencies and stocks correlated to them. Europe’s largest bank in Europe, with total assets of $2.715 trillion, is…
Currently, many cryptocurrency exchanges (including South Korean ones like Kucoin) allow trading with little more than your name and an email. Bitcoin appeared to find a bottom on Friday, rebounding to $15 000 after moves by South Korea to curb speculation…
Bitcoin has been in a bull market like few the world has ever seen. At the beginning of the year, the price of a Bitcoin was below $1,000. It hit $5,000 in October, then doubled by late November. And on Thursday, less than two weeks later, the price of a…
Coinbase has launched a debit card that enables US users to spend bitcoins anywhere Visa is accepted. The launch of a debit card – and the recognition of the currency by the Visa card system is further evidence that the new generation cryptocurrency is…
Coinbase, one of the biggest bitcoin exchanges and wallet services in the United States, has unveiled retail buy-and-sell operations in Singapore and Canada. The operations is part of the San-Francisco-based company’s expansion into Asia to make digital…