Crypto Archives - The Crypto Sight

Home

Mongolia’s Major Bank to Provide Crypto-related Services

One major Mongolia-based bank is reportedly going to make crypto services widely available, including custody, remittance, deposits, loans, and crypto-asset management. Specifically, blockchain firm...

Katelyn James | Oct 31, 2020 14:34

Avanti Operates Crypto-centric Bank in Wyoming

Avanti has reportedly been successful in obtaining a bank charter from the Wyoming State Banking Board, to set up a crypto-friendly bank dubbed Avanti Bank & Trust, together with its “tokenized...

Emily Rys | Oct 31, 2020 14:27

Australia’s First Crypto-friendly IPO to Accept Crypto Assets

Australia’s crypto-friendly capital raising platform Stax reportedly disclosed that its customer – West Coast Aquaculture Group (WCA) – is in charge of carrying out the nation’s first...

Tracy Hannes | Oct 30, 2020 15:49

Kenya’s Central Bank In Talks to For CBDC Deep-dive Amid Private Crypto’s Boom

The Central Bank of Kenya (CBK) has reportedly begun collaborating with global central banks to deep-dive into the initiative to set foot in the central bank digital currency (CBDC) sector. ...

Daniel T. | Oct 29, 2020 04:31

FinCEN Slaps Bitcoin (BTC) Mixer Founder with $60M Fine for Anti-Money Laundering Violations

The founder of Bitcoin mixers Coin Ninja and Helix is fined by FinCEN for violating BSA and anti-money laundering rules. FinCEN has recently slapped a $60 million fine on the founder and operator of...

Chris Torres | Oct 26, 2020 06:53

Voyager Crypto Broker to Initiate European Expansion Following New Collaboration

Crypto brokerage firm Voyager has reportedly forged an alliance with LGO – an EU-based digital asset exchange serving primarily institutions – to expand its offering across the European...

Katelyn James | Oct 23, 2020 01:27

Peer-to-peer NFT Sales Rocketed With Average Purchase Price Climbed 7-fold

The sales for Non-fungible tokens and digital collectibles throughout the recent months have reportedly experienced a dramatic surge, as volumes on peer-to-peer marketplaces also saw major uplift. ...

Emily Rys | Oct 22, 2020 19:17

Canada’s Central bank Moved Closer to Releasing CBDC With New Job Listing

The Bank of Canada is reportedly in search of an economist with prior experience of financial tech and digital currencies, which could be hints of a development of a Canadian CBDC. Specifically, the...

Tracy Hannes | Oct 20, 2020 11:29

$10Mil Donation From Ripple to Mercy Corps to Develop Financial Inclusion

At the yearly Swell conference, Ripple reportedly disclosed details of $10 million donated to Mercy Corps, to financially support the use of its digital coin in the process of designing financial...

Katelyn James | Oct 18, 2020 10:14

Cryptocurrency Hardware Wallet with Fingerprint Authorization Feature Launches in China

The new crypto wallet is simple to use and allows users to safely store their tokens offline. With cybercriminals getting more sophisticated, one of the biggest concerns facing cryptocurrency...

Emily Rys | Oct 17, 2020 16:34