Charles Schwab Itching to Invest Trillions Into Cryptocurrency, Waiting For SEC Clarity

[ad_1] In 18 months, investment firm Charles Schwab has 180’ed on the idea of offering cryptocurrency to its clients. Previously, the firm warned that cryptocurrencies were a purely speculative instrument. But now, based on client demand, it’s ready to make a move. “If the company decides to participate in the crypto market we will be … Read more

Employees of Korea’s financial regulator ordered to report crypto holdings

[ad_1] Korean Financial Services Commission (FSC) Chairman Eun Sung-soo has ordered FSC officials who hold crypto to file reports on their investments by May 7. The FSC employees subject to reporting are those who manage virtual currency tech developments, those responsible for drafting and applying virtual currency laws, and those who report on and manage … Read more

‘I have not sold any of my Bitcoin’: Elon Musk

[ad_1] Billionaire entrepreneur Elon Musk has taken to Twitter to assure the crypto community that he has not sold any of his personal BTC stash, despite his company Tesla realizing profits from its recent Bitcoin buys. Musk’s comments came in response to accusations from comedian Dave Portnoy that the Tesla CEO had profited from a … Read more

Country in Chaos: Second Turkish Crypto Exchange Collapses Amid Accusations of Fraud

[ad_1] Vebitcoin crypto exchange based in the southwestern city of Mugla, Turkey, has gone offline. The company’s website home page refers to recent developments that have forced them to cease trading. “Due to the recent developments in the crypto money industry, our transactions have become much more intense than expected. We would like to state … Read more

Serum (SRM) hits a new all-time high as Solana adoption gains traction

[ad_1] Decentralized finance (DeFi) has reshaped the face of the cryptocurrency market over the past year, attracting the attention of both institutional investors and retail traders alike as the traditional financial sector continues to warm up to blockchain technology.  While the majority of largest DeFi protocols that have a significant amount of volume and value … Read more