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Posts Tagged ‘Digital’

Barry Silbert: ‘Bitcoin Has Won The Race To Be Digital Gold’

“The vast majority of digital tokens… will go to zero,” Digital Currency Group CEO, Barry Silbert told CNBC. However, he is still “as bullish as he has ever been” on Bitcoin, despite the current bear market. Losing The Dead Weight Silbert confirmed that he is “not a believer in the vast majority of digital tokens,”…

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Mauritius Regulators to Approve Digital Asset Custodian Licensing Framework

The Mauritanian Financial Services Commission (FSC) is establishing a regulatory framework for digital asset custodian services, according to an official announcement published on Feb. 8. The new regulation will be effective as of March 1 and will require custodian services “to comply with the applicable framework for [Anti Money Laundering] AML/CFT [combat financing terrorism] in…

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Bithumb Exchange Launches OTC Trading Desk for Digital Assets

South Korean-headquartered cryptocurrency exchange Bithumb has launched a global over-the-counter (OTC) trading desk for digital assets. Announcing the news on Thursday, the firm said that the new Hong Kong-based venture – Ortus – is a “block deal, matchmaking service” for institutional clients. In an OTC deal, two parties trade directly with each other, unlike on…

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Korean Central Bank Study: Issuing Digital Currency Poses Financial Risk

Researchers from South Korea’s central bank say issuing a central bank digital currency (CBDC) could have negative ramifications for the economy. The Bank of Korea (BoK) published a study on Thursday, which modeled how a CBDC issuance might affect on liquidity at commercial banks. It found that if the public could access the theoretical digital currency…

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Blockchain Association Merges with Chamber of Digital Commerce

Canada’s largest blockchain trade association, the Chamber of Digital Commerce has united with the Blockchain Association of Canada (BAC), which will now go by the Chamber of Digital Commerce Canada. The merger was announced in a press release posted on the Chamber of Digital Commerce website on Feb 5. Executive director and policy strategist of…

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