Crypto.com and Silvergate enable institutions to buy and sell crypto with USD
Silvergate is a major crypto bank known for assisting the launch of El Salvador’s crypto wallet Chivo.
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Silvergate is a major crypto bank known for assisting the launch of El Salvador’s crypto wallet Chivo.
“CBDC would be part of an effort to address the use of crypto in financial transactions,” Bank of Indonesia’s assistant governor Juda Agung said.
India's former finance minister Subhash Garg clarified that "it is misleading to say that private cryptocurrencies will be banned."
Bitcoin price flashed a few bullish signals on Nov. 29, leading analysts to share their opinions on why BTC should close November above $60,000.
Jerome Powell cited CBDCs and digital assets in his speech to open the New York Innovation Center at the Federal Reserve’s local offices.
“Cryptocurrency may be tricky to understand, but the value of a major crypto donation converted into cash is not," said Engiven founder James Lawrence.
The move comes after the company increased its net profits by over ten-fold in the last quarter.
The world's sixth-largest economy could adopt a hardline stance against decentralized cryptocurrencies as soon as this winter.
The business data analytics firm has been investing in BTC since August 2020.
CoinDCX reached a $1.1 billion valuation by raising $90 million in a Series C funding round in August.