Month: April 2024

German federal bank to offer crypto to institutional and corporate clients

Germany’s largest federal bank is set to launch crypto custody services in collaboration with crypto exchange Bitpanda, targeting institutional and corporate clients. Germany’s biggest state-backed lender with over $350 billion in assets under management, Landesbank Baden-Württemberg (LBBW), will launch crypto custody services for its institutional and corporate clients in the second half of 2024 in a move aimed at boosting the local market of virtual assets. New partnership alert: Bitpanda x LBBW 🤝 Landesbank Baden-Württemberg, Germany’s largest federal state bank will enhance their digital asset offering in partnership with Bitpanda!…

Germany’s Largest Federal Bank LBBW to Offer Crypto Custody Services With Bitpanda

“By offering crypto-asset custody, we are positioning ourselves with a clear added value for our corporate clients – while ensuring the highest security standards,” Stefanie Münz, member of the LBBW board of directors responsible for finance, strategy and operations, said in a press statement. “Bitpanda provides the necessary technical and regulatory infrastructure to offer our customers innovative and, above all, secure solutions in the area of digital assets.” Source

Australian Regulator Initiates Civil Proceedings Against Three Cryptocurrency Investment Firms

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The Australian Securities Regulator has launched civil proceedings against three cryptocurrency firms. These firms are accused of convincing investors to purchase investment packages using self-regulated superannuation funds. The regulator stated that appointing a receiver is the best way to protect investors’ assets, which are at risk of being depleted. Protecting Investors’ Assets The Australian Securities […] Source

ICO publishes guidance to improve transparency in health and social care

The Information Commissioner’s Office (ICO) is supporting health and social care organisations to ensure they are being transparent with people about how their personal information is being used. The UK data protection regulator has today published new guidance to provide regulatory certainty on how these organisations should keep people properly informed. The health and social care sectors routinely handle sensitive information about the most intimate aspects of someone’s health, which is provided in confidence to trusted practitioners. Under data protection law, people have a right to know what is happening…

KPMG says Germans ramping crypto investments as Bitcoin halving nears

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A recent KPMG study shows a renewed enthusiasm among German investors for the cryptocurrency market. The latest uptick in investment comes after a challenging year for the sector and just as the market anticipates the upcoming Bitcoin halving event in mid-April 2024. The report, which surveyed approximately 2,400 private crypto investors across Germany, Austria, and Switzerland, sheds light on changing investment behaviors and attitudes in the DACH region. The study indicates a surge in crypto investments, with 54% of respondents dedicating over 20% of their total investments to digital assets.…

Rare ‘Satoshi Era’ Bitcoin (BTC) Moves After 14 Years of Dormancy

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Bitcoin (BTC) From Rare ‘Satoshi Era’ Miner Moves After 14 Years of Dormancy

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Bitcoin is still undervalued despite surge to $66k

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Bitcoin (BTC) gained bullish momentum a day after falling to a one-month low of $61,500 due to the heightened conflict between Iran and Israel. BTC is up by 3.2% in the past 24 hours and is trading at around $66,450 at the time of writing. The asset’s market cap surpassed the $1.3 trillion mark while the daily Bitcoin trading volume plunged by 27%, currently hovering at $43.5 billion. BTC price, RSI, whale activity and dormant circulation – April 15 | Source: Santiment On April 14, the flagship digital currency fell…

Bitcon, Ether Rise as Hong Kong Exchange-Traded Fund Applicants Say They’ve Been Approved for Bitcoin ETF

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…