Citigroup is finally coming around on cryptocurrencies. The Wall Street giant now allows its richest clients to bet on crypto as part of a new digital assets group inside its wealth management unit. This wealth management unit has been in the works ever since Citigroup formed the division earlier this year, and more recently, it […]
Tag: STO
Yield Compression Continues as More Money Seeks Yield while Avoiding Capitulation
Activity in the crypto market and DeFi has taken a hit as prices either dump or trade sideways. When it comes to the Ethereum network, gas prices have fallen to early DeFi summer levels, a mere 10 gwie which skyrocketed to 2,000 gwei for a brief period in May. Amidst this, the total stablecoin supply […]
Electric charging stations in Europe to support crypto payments
Two payments firms in Europe are collaborating on a venture that would bring crypto payment support into electric charging stations A joint project between two payment firms will introduce support for crypto payments in electric vehicle charging stations across Europe. Mobile payment solutions provider HIPS and payments platform Vourity are developing a system that would […]
How to Identify Bitcoin & Cryptocurrency Scams
The world of cryptocurrency is in many ways still the wild west, it’s a world filled with misinformation with the intention of funneling funds from unsuspecting investors. Our team receives 1 to 5 emails per day asking about various companies or people that they believe are intending to or have successfully fleeced them. All of […]
US House of Representatives Passes Bipartisan Crypto Bill For The Second Time
The United States House of Representatives has passed a bipartisan bill that proposes the study of the use of blockchain technology and digital tokens. Within a week of introduction, the bill passed the 117th Congress with a resounding 325 votes in favor of, and 103 votes against. AI Program To Be Established Under The Bill […]
Jack Ma’s Ant Group Sells NFTs on Alipay, Clarifies They’re Different from Cryptocurrencies
China’s Ant Group, the Jack Ma-controlled fintech group, put non-fungible tokens (NFTs) on sale via its payment platform Alipay. The items sold out quickly on Wednesday amidst the ongoing crackdown from the authorities. Based on the Dunhuang theme, about 16,000 NFTs were issued by AntChain, the Ant unit that develops blockchain-based technology solutions. AntChain provided […]
BIS Blesses CBDC Development in 56 Countries
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. During the earliest years of the crypto boom, Bitcoin was only seen as criminal money that had no actual value to society. Now, with the total crypto market cap reaching $2.3 trillion in May, […]
Auto1 FT Issues Blockchain Security Worth Over €4m with iVE.ONE
The move represents the first security token offering in the German automotive industry.
New BTC Fund – Good News for Crypto in the Middle East
Neither the author, Kai Morris, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The Middle East’s first Bitcoin Fund has been listed on Dubai’s Nasdaq. 3iQ Corp, the Canadian digital asset company behind The Bitcoin Fund, has added this to Dubai’s exchanges with the aim of raising […]
MicroStrategy Bets Heavy on BTC as Altcoins Lack its Allure
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Bitcoin has been the growing center of attention over the past few months. Now, Bitcoin is featured on financial news sources at least a few times every day. As countries, companies, and investors still […]
