Kaiko Research: Monthly Market Report January 2021

Taiwan's Financial Supervisory Commission for Virtual Currency Management is set to issue 10 guiding principles for virtual asset providers in September, CNA reported on Thursday citing local officials.The East Asian country will set guidelines to ensure that crypto businesses establish review mechanisms, keep customers payments separate from their own tokens and comply with anti-money laundering

Oct 16, 2020 at 19:00 UTC(Dragan Smiljkovic/iStock via Getty Images Plus)RAC on the First Truly Free Markets for Music and CultureGrammy-winning recording artist RAC explores the business of music and how crypto experiments could shift the balance of power.For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts,…

May 18, 2020 at 11:49 UTC(Credit: Shutterstock/mezzotint)First Mover: Bitcoin Rally Sends Message to Capitalists as Despair on Wall Street GrowsBitcoin's rally last week, as the Standard & Poor's 500 Index of U.S. stocks floundered, served to underscore just how different the conversations are right now in digital-asset markets and traditional finance.As high-profile investors including Stanley Druckenmiller and David Tepper…

news “My first loss was with CoinsMarkets. It happened when the exchange closed with our funds. I didn’t even try to contact anyone or alert any police.” These are the words of an intrepid crypto investor – one of many who responded to a tweet asking about the lack of recourse people face when their…

Jun 8, 2020 at 12:23 UTCUpdated Jun 8, 2020 at 12:25 UTCInvestors remain confident in bitcoin’s long-term prospects despite the cryptocurrency’s struggle to pass $10,000, according to a key on-chain metric. The seven-day moving average of the total amount of bitcoin held in exchange addresses declined to 2,313,749 on Sunday – the lowest level since…

Fasset, a digital asset investment platform, has won a license to operate in Dubai as a Virtual Asset Service Provider (VASP), allowing it to serve institutional, qualified, and retail investors, Dubai's public register shows.Receiving a full license involves three stages: a provisional permit, a preparatory license, and an operating license. Fasset FZE has completed the

Bankrupt crypto exchange FTX used customer funds to buy back the entirety of the firm’s stake held with competitor exchange Binance, a court hearing on Wednesday revealed.Binance CEO Changpeng Zhao said in a 2022 post the company had received over $2.1 billion in binance usd (BUSD) stablecoins and FTX’s FTT tokens as part of the

Aug 20, 2020 at 10:12 UTCAlgorand founder Silvio Micali image via CoinDesk archivesAlgorand’s Move into DeFi Gives ALGO Price a BoostALGO tokens are up as markets respond positively to Algorand’s newly-announced plan to become an alternative venue for the white-hot decentralized finance (DeFi) space. CoinGecko data shows the price of ALGO tokens has increased from…

Jun 29, 2020 at 10:01 UTCUpdated Jun 29, 2020 at 10:02 UTCWorld’s Biggest Mining Firm Makes First Ore Trade on a BlockchainMining conglomerate BHP has completed its first trial trade of iron ore using blockchain technology. As reported by Reuters on Monday, the roughly $14 million deal with Chinese metals giant Baoshan Iron & Steel…