Bitcoin Price Booms, App Launches and Acquisitions: This Week in Crypto

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Make sure you check out our previous edition here, now let’s go over what happened in crypto this week. Also, make sure you subscribe for this week’s edition of The CCN Podcast on iTunes or wherever you get your podcasts. Also make sure you check out last weeks interview with Bridge CEO Stephen Hyduchak. Price Watch: Bitcoin increased nearly 18% this week after […]

Asian Asset Manager Focusing on Family Offices to Launch Crypto-Custody Solution

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The Fusang Investment Office, an Asia-based fund management firm focusing on family offices, is planning to launch a crypto-custody service in Hong Kong, local news outlet the South China Morning Post reports Sunday, July 22. The custody service, Fusang Vault, will hold digital assets for clients as well as provide periodic audits, according to the […]

EU Parliament Study: Central Bank Digital Currencies ‘Will Reshape Competition’ in Crypto Market

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A study on issues of competition in fintech, commissioned by the European Parliament Committee on Economic and Monetary Affairs (ECON), was published July 20. It found that central bank-issued digital currencies could be a “remedy” for a lack of competition policy in the crypto sector: “The arrival of permissioned cryptocurrencies promoted by banks, even by […]

Banks Could Engage in Competitive Misconduct to Keep Users From Bitcoin: EU Report

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A report has been published on the current fintech market at the request of the ECON Committee. It analyses competition issues in the sector and cryptocurrencies were featured in it. The European Parliament Committee on Economic and Monetary Affairs, also known as ECON, is a committee overseeing the decisions made by the European Central Bank […]

Korean Firm Discovers $130 Billion in Gold from Sunken Russian Battleship, Plans To Launch ICO

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Shinil Group, a South Korea treasure-hunting company, has announced that it will launch an ICO after discovering worth $130 billion in gold from the wreckage of the Russian cruiser Dmitrii Donskoi. Dmitrii Donskoi was scuttled in 1905 after being severely damaged in the Russo-Japanese War. Since then, it has been ‘found’ many times in the past two decades. […]