Banks in Kazakhstan to Open Accounts for Registered Crypto Exchanges

July 27th, 2021|

Companies providing trading services for digital assets will be able to open accounts with banks in Kazakhstan, local media reported, quoting the country’s crypto industry association. The service should allow Kazakhs to legally invest in

Coinbase, Executives, Investors Hit With Lawsuit Over Nasdaq Listing

July 25th, 2021|

A class-action lawsuit has been filed against cryptocurrency exchange Coinbase, its executives, and investors over the company’s direct listing on Nasdaq. “According to the complaint, the registration statement and prospectus used to effectuate the company’s

This Year’s Gallup Poll Findings Suggest 6% of US Investors Own Bitcoin

July 25th, 2021|

Young U.S. investors are more interested in bitcoin investments than they were three years ago, according to a poll stemming from the Gallup Investor Optimism Index. This year’s poll surveyed 1,037 participants and findings suggest

Bank of Russia Advises Stock Exchanges to Avoid Trading Crypto Instruments

July 23rd, 2021|

In line with its hardline stance on cryptocurrencies, the Central Bank of Russia (CBR) has issued a recommendation against the listing of securities tied to crypto assets on the country’s stock exchanges. The “preventive measure”

JPMorgan Begins Offering 5 Cryptocurrency Funds to Clients

July 22nd, 2021|

Global investment bank JPMorgan has reportedly green-lighted its advisors to provide clients with access to five cryptocurrency funds. The funds are available to all JPMorgan’s wealth management clients seeking investment advice. The move makes JPMorgan

Goldman Sachs Survey Shows Family Offices Are Flocking to Crypto Investments

July 22nd, 2021|

High net-worth families are turning to cryptocurrency investments, according to a recent Goldman Sachs survey that found close to half of the company’s family office clients are inquisitive about crypto-asset investments. A Goldman Sachs executive