Sygnum gets regulatory approval to expand services in Singapore
Sygnum is a digital asset bank that primarily operates in Switzerland and Singapore. It has a Swiss banking license and a Singapore capital markets services license.
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Bitcoin could be defined as a new asset class; a scarcity. The global currency market is collapsing. Bitcoin is the only way to short the dollar and Saylor thinks you should.
Crypto transaction volume on Russian exchanges have plunged by 50%. While some crypto analysts believe that Russia could evade the economic sanctions imposed on it through the use of crypto, new data from Chainalysis suggests otherwise.
United Kingdom’s FCA received over 16,000 inquiries about possible scams between April to September last year. The watchdog received more than 16,400 inquiries about possible scams between April to September last year. Crypto scams were the majority of these. This led it to investigate potential crypto scam businesses, opening 300 cases.
BitDAO has announced an allocation of $633 million in funding for different projects across the blockchain ecosystem that will support blockchain gaming, infrastructure and education.
JP Morgan Chase has expanded its interest in the blockchain technology space with an investment in TRM Labs, a well known blockchain analytics firm.
While the European investment products saw outflows last week, the Americas, notably Canada and Brazil, recorded inflows.