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Deutsche Bank applies for a license to offer Crypto Custody Service

Germany's largest bank, Deutsche Bank, has reportedly applied for regulatory approval from the Federal Financial Supervisory Authority (BaFin) to offer custody services for digital assets, including cryptocurrencies, according to Bloomberg. David Lynn, the head of Deutsche Bank's Corporate Bank division, expressed their intention to expand...

Billionaire Mark Cuban defends crypto and criticizes the traditional banking system

Billionaire Mark Cuban defends cryptocurrencies and criticizes John Reed Stark, a former official at the Securities and Exchange Commission (SEC). Cuban points out the inconsistency in Stark's criticism of collective thinking in the world of cryptocurrencies and asserts that it helped save depositors when...

Coinbase CEO Anticipates the Return of Crypto Entrepreneurs to the United States

In an interview with The Wall Street Journal, Coinbase CEO Brian Armstrong explains that entrepreneurs involved in cryptocurrencies will return to the United States when they find appropriate regulations from the government. He emphasizes that cryptocurrency regulation is not rocket science and expresses confidence that...

Passing MiCA Legislation: The European Union Moves Towards Regulating Cryptocurrency Markets

The Economic and Financial Affairs Council of the European Union, composed of finance ministers from all member states, has approved the anticipated legislation for regulating crypto assets (MiCA) after voting on May 16. Finance ministers from the 27 member states voted in favor of the...

Galaxy Digital Posts $134M First Quarter Profit on Strong Showing for Crypto Market

Galaxy Digital has announced the achievement of profits of $134 million in the first quarter of this year, as a result of the crypto market's improvement. This result is positive for the company owner, Mike Novogratz, and the investors in the company, as it reinforces...

Bitcoin Whales Quietly Accumulate $18.7 Billion in Just 18 Days – Santiment

As a trader in the stock market, we cannot ignore any news regarding digital currencies, especially when it comes to whales. According to Santiment's analysis, Bitcoin Whales have quietly begun to accumulate more than $18.7 billion in digital currencies in just 18 days. This is...