Author: Rachel Lourdesamy

Citi is preparing to launch a cryptocurrency custody service for institutional investors by 2026, marking another step by a major Wall Street institution into the digital asset market. The service, in development for around two to three years, will allow the bank to hold native crypto assets such as Bitcoin and Ether on behalf of

Signs of a possible easing in the strained trade relationship between the United States and China emerged on Sunday, after Beijing issued a statement suggesting it was open to resuming trade discussions, raising hopes among analysts of a market recovery. China’s Ministry of Commerce confirmed it was “ready to strengthen dialogue” with global partners following

Block Inc.’s payments arm Square has launched Square Bitcoin, a suite of tools allowing businesses to accept and manage Bitcoin within its existing ecosystem. The product, which combines Bitcoin Payments, Conversions, and a built-in Wallet, gives sellers the ability to accept Bitcoin without any processing fees for the first year…

S&P Global has announced the launch of the S&P Digital Markets 50 Index, a new benchmark combining 15 leading cryptocurrencies with 35 publicly traded blockchain and digital asset companies. The index, developed in partnership with US-based tokenisation platform Dinari, aims to give investors a unified measure of performance across both traditional financial markets and decentralised

Telegram CEO Pavel Durov has credited Bitcoin, not his messaging platform, for establishing his financial base since 2013. On the Lex Fridman Podcast, Durov explained how he acquired thousands of Bitcoin in 2013 at around US$700 (AU$1,058) per coin, spending several million dollars at the time…