Business Financial News
03.03 / 06:17
business
ETF
Investments
Bitcoin
Customer
Customer demand prompts Charles Schwab file for Crypto Economy ETF
Multinational financial services giant Charles Schwab has responded to client demand to invest in cryptocurrency by filing with the Securities and Exchange Commission (SEC) to launch a Crypto Economy ETF.
03.03 / 04:04
business
OTC
Bitcoin
Hong Kong-listed Huobi Tech launches cryptocurrency OTC service
Hong Kong-listed virtual asset platform Huobi Technology Holdings has launched a cryptocurrency over-the-counter (OTC) service, the firm announced to Cointelegraph on Wednesday.
03.03 / 01:31
Dogecoin
business
Donations
donates
Dogecoin community donates $53K to Ukraine as country hints at upcoming airdrop
With the price of the meme-based token Dogecoin (DOGE) higher than that of the Russian ruble, Ukraine opened to DOGE donations for the first time.
03.03 / 00:39
business
Blockchain
Ethereum
Bitcoin
Updates
AMC Entertainment CEO briefs community on crypto, NFT project updates in latest earnings call
During its Q4 2021 earnings call late Tuesday, Adam Aron, CEO of iconic theatre-chain AMC Entertainment, briefed the community on the company's latest crypto adoption efforts. As told by Aron, AMC will start accepting Dogecoin (DOGE) and Shiba Inu (SHIB) "in a couple of weeks." AMC began accepting online payments for movie tickets via major cryptocurrencies last year. The company said it is also still exploring options to issue its own coin; an idea that has been in the making for quite some time as it monitors the current cryptocurrency regulatory framework.
03.03 / 00:30
markets
business
Blockchain
Drawbacks of centralization: Moscow Stock Exchange remains offline amid ongoing Russo-Ukrainian war
As reported by local news outlet tass.ru, the Central Bank of Russia once again suspended trading on the nation's leading Moscow Stock Exchange (MOEX) on Wednesday, and will not open the exchange on Thursday. Trading on the MOEX has been halted since Feb. 25, after Russia launched its ongoing military occupation of Ukraine. On a monthly basis, the exchange's index has lost over 34% of its value (not adjusted for inflation), as Western leaders imposed crippling sanctions on Russia in response to the conflict.
02.03 / 20:31
business
Blockchain
consequences
EU will cut off 7 Russian banks from SWIFT, with ordinary Russians facing consequences
On Wednesday, the European Union announced that within 10 days, it intends to remove seven Russian banks from the Society for Worldwide Interbank Financial Telecommunication, or SWIFT, messaging system.
02.03 / 19:55
business
Grayscale
Digital Currency Group
GBTC
DCG announces $250M share repurchase for Grayscale products
Grayscale parent Digital Currency Group, better known as DCG, announced that it intends to repurchase up to $250 million in shares for various Grayscale investment products.
02.03 / 17:43
business
Blockchain
Technology
Twitter
NOT
No, Jack Dorsey, venture capital will not run Web3
In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance and blockchain space, as well as their roles in shaping the economy of the 21st century.
02.03 / 16:59
business
Trading
MyBTC.ca Adds Canadian Business Accounts
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
02.03 / 16:17
business
Binance
Asia
stake
Binance back in Malaysia via a strategic stake in regulated digital exchange
Binance, the world’s leading crypto exchange by trading volume is returning to the Malaysian markets with a strategic stake in the country’s regulated digital asset trading platfrom MX Global.
02.03 / 07:39
business
Adoption
Investments
Billionaire admits he was wrong about Bitcoin as Citadel looks to crypto markets
American multinational hedge fund and financial services company Citadel is poised to enter cryptocurrency markets this year.
02.03 / 06:07
business
cryptocurrency
Bitcoin
Cryptocurrency Prices Today March 2: Bitcoin up, Binance Coin biggest gainer
Cryptocurrencies traded in the green early on March 2. The global crypto market cap is $1.93 trillion, a 1.10 percent increase over the last day, according to CoinMarketCap. The total crypto market volume over the last 24 hours is $104.67 billion, a 4.05 percent decrease.
02.03 / 01:13
business
Crypto dealer SFOX gets trust charter approval from Wyoming regulators
The State of Wyoming has approved California-based crypto broker SFOX for a trust charter, allowing the firm to provide custodial and other crypto-related services to institutional clients.
01.03 / 22:39
business
Adoption
Blockstream
Samson Mow leaves Blockstream, plans to focus on ‘nation-state Bitcoin adoption’
Blockstream chief strategy officer Samson Mow has announced he will be leaving the blockchain firm after five years.
01.03 / 20:35
business
Investments
Bitcoin Futures
CME
MICRO
CME Group plans to launch micro-sized Bitcoin and Ether options
Major derivatives marketplace Chicago Mercantile Exchange Group will launch options trading for its micro Bitcoin and Ether futures products.
01.03 / 17:51
business
Experts
Cointelegraph launches Innovation Circle — A private membership service for industry leaders
Your friendly neighborhood digital media publication covering news on crypto and blockchain has launched a private membership service aimed at business leaders and industry experts who share a commitment to shaping the future of the space.
01.03 / 17:17
business
Blockchain
Adoption
financing
Global Trade
Crypto adds efficiency to global trade and financing, says Bequant exec
Global trade and financing suffer from inefficiencies because of traditional infrastructures. However, according to Martha Reyes, the head of research at Bequant, crypto can fix this issue.
01.03 / 13:51
business
Blockchain
Adoption
Bitcoin
businesses
Crypto businesses will be rewarded over the long term, says Voyager CEO
Running crypto businesses is a difficult journey that is not for the faint of heart. However, according to Stephen Ehrlich, the co-founder and CEO of Voyager Digital, patience is the key, and the rewards will come in the long run.
01.03 / 13:27
business
regulation
Taxes
South Korean crypto market grows to $45.9B in 2021 despite strict regulations
South Korea’s crypto market grew to 55 trillion Won ($45.9 billion) by the end of 2021, as per a new study from the country’s chief financial regulator, the Financial Service Commission.
01.03 / 12:35
business
Adoption
ATM
Bitcoin
Bitcoin ATM installations slow down in early 2022, making a first in history
Over the last six months, Bitcoin (BTC) recorded numerous milestones — El Salvador’s mainstream adoption, a new all-time high of $69,000 and a stronger-than-ever network hash rate. However, for the first time in history, global Bitcoin ATM installations in the first two months have slowed down when compared to the preceding year.
01.03 / 08:07
business
Funding
Africa
South African exchange raises $50M in Africa’s largest funding round
South African crypto exchange VALR has raised $50 million in a Series B equity funding round, marking the largest-ever funding for an African crypto exchange.
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