Digital asset platform Bakkt Holdings (NYSE: BKKT) will soon allow its customers to trade ether, the second-largest cryptocurrency, in addition to bitcoin, the company said in a statement Friday. Bakkt also said institutional clients can opt to use the Bakkt Warehouse for custody of ether. Shares of the Alpharetta, Georgia-based company, which started trading Oct. […]
Bakkt Expands Cryptocurrency Offering Beyond Bitcoin With Addition of Ether
S. Korean Regulator Says NFTs Are Not Virtual Assets: Report
South Korea’s Financial Services Commission (FSC) reaffirmed its view that non-fungible tokens (NFTs) generally do not fall under the definition of virtual assets and will not be regulated as such, according to a report from the Korea Herald. “According to the basic position expressed by the International Anti-Money Laundering Organization (FATF), NFTs are not regulated,” […]
Getting Ahead in Crypto Education, With Amber McLeod
“If you’re just now getting started, you’re behind.” “On Purpose” host Tyrone Ross is joined by Amber McLeod, director of customer success at Onramp Invest for a conversation on adviser education in all things crypto. Whether an adviser is starting at ground zero, ready to trade or a full-blown crypto believer, there is always more […]
Spain’s Central Bank Requesting Financial Institutions to Outline Crypto Plans Until 2024: Report
The Bank of Spain is asking the country’s leading financial institutions to provide information on their crypto-related plans for the next three years, the newspaper El Pais reported Thursday. The central bank has requested that banks include information on their relationships with crypto service providers, stakes in crypto companies and exposure to crypto. It has […]
Binance Is Investigating Squid Game Token, Considers It a Scam
Crypto exchange Binance is investigating the SQUID token crash and considers it a scam, a company spokesperson confirmed to CoinDesk. Binance is exploring options to help those harmed, including “blacklisting addresses affiliated with the developers and deploying blockchain analytics to identify the bad actors,” the spokesperson said. Binance will also provide their findings to law […]
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