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Crypto ETP Provider ETC Group Crosses $2 Billion Worth of AUM

ETC Group, a provider of institutional-grade digital asset-back securities, now has more than $2 billion worth of crypto assets under management (AUM). The company achieved the milestone for the first time in its history.ETC Group’s Bitcoin ETP alone accounts for more than $1.6 billion worth of AUM. In the last 10 months, the overall value of ETC Group’s AUM increased sharply due to a surge in the popularity of crypto trading products.As part of its expansion plan, ETC Group recently hired ETF expert Tim Bevan as co-CEO, Julian Kelly as

What Went Wrong With The “Bitcoin Is Generational Wealth” Short Film?

Directed by Matt Hornick and written and narrated by Tomer Strolight, huge companies produced the “Bitcoin is Generational Wealth” short film. The audiovisual division of Swan Bitcoin, Bitcoin Magazine, Mimesis Capital, Shy Kids, and Michael Saylor’s MicroStrategy. Besides that, Tomer Strolight’s essays and articles are a staple of the Bitcoin community. With those high-quality ingredients, we were expecting a fabulous meal. We didn’t get it. What went wrong? Were our expectations too high? That’s what we’re here to explore.  Related Reading | Hollywood Goes Crypto? Coppola Family Leads Project To

Bakkt Holdings Set to Go Public on New York Stock Exchange

Crypto asset custodial and trading platform Bakkt will be listed for trading on the New York Stock Exchange under the ticker BKKT from Oct 18, 2021. The company is owned by International Exchange Incorporated, which owns the NYSE. Sponsored Sponsored Bakkt Holdings has a current valuation in excess of $2 billion. Coinbase, a competitor to Bakkt, was also listed on the NASDAQ in its own IPO in April of this year.  The company first announced in January that it was making plans to go public, and is now ready to

Yeahka Ranks First among Non-bank Independent Institutions in QR Code Payment Acquiring Services

HONG KONG, Sept 30, 2021 - (ACN Newswire) - Yeahka Limited ("Yeahka" or the "Company") (Stock Code: 9923), a leading payment-based technology platform in China, has surpassed others to become one of the most-used aggregate payment service providers by merchants in China.Yeahka's interim results show, as of the first half of this year, the total number of active merchants using the Company's payment services has reached 6.13 million, up 30.8% year-on-year ("YoY"). Its daily peak count of QR code payment transactions has reached 42 million, compared to 30 million at the end of last

Former U.S. official says cryptocurrency not some ‘libertarian paradise’

Cryptocurrency has been around for a long time now. However, its mainstream adoption gained a boost lately with 2020 being a remarkable year. But 2021 saw a major push as countries and/or organizations across the globe have been accepting cryptocurrencies in some form or the other. That said, countries have also been working on cryptocurrency regulations to govern the process of exchanging through crypto. Something that can actually benefit these tokens. Former US Treasury secretary Lawrence Summers, while speaking to Bloomberg expressed his opinions concerning the cryptocurrency regulations. During this

Indonesia Confirms It’s Not Imposing Blanket Crypto Ban

The Indonesian government has given its residents the green light for cryptocurrency trading, refusing to impose an outright ban on all crypto-related transactions. Sponsored Sponsored The government instead will seek to focus its regulatory effort on the prevention of crimes in which cryptocurrency is involved. Cryptocurrencies are treated as tradable assets and commodities, which are unfit for payments, according to the Central Bank. The government maintains that crypto assets are a volatile asset class, with little backing. Crypto asset trading was legalized in 2018 in the Ministry of Trade Regulation

South African University Professor Urges Country to ‘Finalize Cryptocurrency Policy’ — Warns Against Resisting Crypto

A professor with the University of Johannesburg, Rabelani Dagada, has urged South Africa to finalize its cryptocurrency public policy if the country still wants to become a hub for digital currency innovation. History Will Repeat Itself In an opinion published by Itweb, Dagada warned South African authorities that the continued efforts to stifle cryptocurrencies will not achieve the intended objectives. He adds that regulators must learn from history that violently opposing an emerging innovation will not kill it. He explained: Technology has prevailed against violent and regulatory opposition. During the

Rich Dad Poor Dad’s Robert Kiyosaki Predicts ‘Giant Stock Market Crash’ in October — Says ‘Bitcoin May Crash Too’

Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” has predicted a “giant stock market crash” coming in October. He believes that “bitcoin may crash too.” The famous author also offered his opinion on China’s crackdown on cryptocurrencies. Robert Kiyosaki Warns of ‘Giant’ Market Crash in October Famous author and investor Robert Kiyosaki has predicted that a “giant stock market crash” is coming in October, noting that gold, silver, and bitcoin may crash as well. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter.

South African University Professor Urges Country to ‘Finalize Cryptocurrency Policy’ — Warns Against Resisting Crypto

A professor with the University of Johannesburg, Rabelani Dagada, has urged South Africa to finalize its cryptocurrency public policy if the country still wants to become a hub for digital currency innovation. History Will Repeat Itself In an opinion published by Itweb, Dagada warned South African authorities that the continued efforts to stifle cryptocurrencies will not achieve the intended objectives. He adds that regulators must learn from history that violently opposing an emerging innovation will not kill it. He explained: Technology has prevailed against violent and regulatory opposition. During the

Bank of Russia Lists Crypto Companies Among Financial Pyramids

The Central Bank of Russia has recently expanded its database of financial market players suspected of illicit activities. Several crypto companies have been added to the list along with entities bearing signs of Ponzi schemes, as well as illegal credit organizations and forex dealers. Central Bank of Russia Blacklists Crypto Platforms As part of its monitoring of the financial sector, the Central of Russia (CBR) regularly identifies illegal financial services providers and warns Russian investors about fraudulent platforms. This week, the regulator added another 105 companies to its growing list

Prisma Analytics, Dell Technologies and CryptoDATA Tech will host the official launch of Edain utility token

Prisma Analytics, Dell Technologies and CryptoDATA Tech will host the official launch of Edain utility token Prisma Analytics GmbH, Dell Technologies, and CryptoDATA Tech have teamed up for an innovative project and announce the online launch of their utility token called EDAIN on September 29th, marking the start of the pre-sale period. The EDAIN launch event aims to raise awareness for decision-makers that seek to leverage data into actionable knowledge. It will be an exclusively online event, as it will be transmitted live on the Edain website starting 17:00 (UTC).