Digital Asset Insights #17

China securities journal sounds alarm on cryptocurrency financial risks

China securities journal sounds alarm on cryptocurrency financial risks On Sunday, May 16th, as per an opinion piece in the China Securities Journal (CS), a broader consensus on strengthening supervision of Bitcoin and crypto transactions is currently being undertaken. This comes through several commissions – The China Securities Regulatory Commission, China Insurance Regulatory Commission, and The China Banking Regulatory…

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Digital Asset Insights #16

Digivault Gains FCA Approval

This week in the digital currency community, a lot of developments are coming to light. There are new developments in anti-money laundering regulations in the U.K. as Digivault, a custodial arm of Diginex won regulatory approval from the Financial Conduct Authority (FCA) in the U.K. to register as a custodian wallet provider. This makes Diginex…

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Digital Asset Insights #15

Marathon OFAC Pool Attracts Criticism

Marathon OFAC Pool Attracts Criticism The new week ushered in a variety of events. One major event is mining a fully regulation-compliant mining pool by Marathon Digital Holdings (MARA). The new mining pool was successfully mining a bitcoin block that is “fully compliant with U.S. regulations.” And this impacts individuals with dealings in dark web…

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FX Market View #10

Dollar driven lower by disappointing NFP data

The relationship between the US economy and the Dollar remains disjointed since the impact of the corona virus on domestic growth. The fiscal and monetary policies which have been implemented during the past year had clearly had a positive effect on the economy. Jobs growth and industrial production data are reflected in an economy that…

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The Digital Asset Landscape April 2020

Miami What?

The month of April started on a high note as the Mayor of Miami stated his intention to transform Miami into a “clean energy” bitcoin mining hub. Even though he intends for there to be hydrogen-powered and solar technology to be added in the future, he intends for the city to be a mining hub…

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