Tag "digital assets"

EU “Tokenise Europe 2025” Initiative Aims to Boosts Asset Tokenization

A new initiative called Tokenise Europe 2025 is being spearheaded by the European Commission (EC) and the German Banking Association to tap into the potential of asset tokenization and distributed ledger technology (DLT) to strengthen the bloc’s competitiveness and build

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Governments, International Bodies Ramp up Crypto Tax Regulations

Over the past year, governments and regulatory bodies from around the world have increased their focus on the taxation of the cryptocurrency industry, a trend that comes on the back of increasing investment, adoption and innovation in the space despite

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Adoption of Digital Assets Among Institutional Investors Increases

Despite turbulent conditions in the crypto markets, adoption of digital assets among institutional investors is increasing worldwide, driven by improved perception of the emerging asset class and investors’ attraction to the prospect of high returns, according to the Fidelity Digital

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Wealth Managers Reluctant to Invest in Crypto

Wealth managers around the world are still reluctant to invest in cryptocurrency on behalf of their clients amid concerns over the lack of regulation, the lack of education as well as high volatility, a new study by American asset management

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Hackers Tap Cross-Chain Bridges Vulnerabilities; Whopping US$2B Worth of Crypto Stolen

Hackers and cybercriminals are exploiting vulnerabilities found in cross-chain bridge protocols to siphon billions of dollars worth of cryptocurrencies out of wallets and smart contracts, a new report by blockchain analytics firm Chainalysis claims. A total of 13 separate cross-chain

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A Look at Switzerland’s Booming Digital Asset Ecosystem

In recent years, Switzerland’s blockchain and digital asset ecosystem has matured rapidly and grown into one of the world’s leading blockchain hubs, a position that’s asserted by its expanding workforce and a rising number of foreign companies setting up operations

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55% of World Top Banks Have Invested in Blockchain and Crypto Companies

In 2021, blockchain and cryptocurrencies continue to be a hot field for banks to be in as they look to capitalize on the emerging asset class. According to new data from Blockdata, a CB Insights company, out of the world’s

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2021, a Tipping Point for Digital Asset Adoption in Switzerland

2021 was the tipping point for the acceptance of cryptocurrencies and digital assets in Switzerland. Investors entered the space at a rapid pace and client demand became simply too large to brush aside. Meanwhile, financial institutions started actively joining the

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Crypto Hedge Fund Industry Assets Surge to Record US$3.8B

Last year, cryptocurrency hedge fund assets nearly doubled to hit a new record as the industry delivered outstanding performance. Amid a crypto market bull run, total assets under management (AuM) of crypto hedge funds surged from just over US$2 billion

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Google Trends: Interest in Bitcoin Spikes Amid Price Rally to New All-Time High

The price of bitcoin surged to a new all-time high, crossing US$23,700/BTC on Thursday. The climb brings the cryptocurrency’s year-to-date gains above 200%. The price rally, which began in early October and accelerated towards the start of December, pushed general

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