News with the tag "Crypto Exposure"

A survey reveals that nearly half of traditional hedge funds now have exposure to digital assets, with global regulatory clarity boosting confidence.

While DBS did not say the exact date, the banks said that the newly-announced crypto offerings will begin some time on the fourth quarter of 2024.

The committee is unveiling the standards later in July, culminating a yearslong process.

Amid a broader crypto market selloff, concerns over the trajectory of the Bitcoin Exchange-Traded Fund (ETF) have intensified following a recent report signaling a new downtrend for the investment instrument. Notably, the recent announcement from the Deposit Trust Company (DTCC) regarding collateral...

It’s not exactly a secret that a significant chunk of the trading elite views cryptocurrency with the kind of enthusiasm one might reserve for a root canal. This isn’t a flippant trend or a knee-jerk reaction to a few bad headlines; it’s a deep-seated skepticism that’s been brewing in the marbled ha...

Growing client demand for cryptocurrencies and the belief that they represent a new asset class help to explain traditional financial institutions’ newfound interest in digital assets, the chief strategy officer at Bitrue has said. The collapse of FTX and Terra Luna in 2022 and the resulting bear ma...

The regulator of financial institutions in Canada said on July 26 that it had started the process of gathering the public’s view on proposals to change its “capital and liquidity approach to crypto-assets.” The draft guidelines are a response to the Basel Committee on Banking Supervision’s new banki...

While as much as 66% of surveyed African residents claimed to have been exposed to digital assets like bitcoin, about 82% of respondents said they have never owned crypto. The findings of the survey study suggest that the adoption of crypto is more significant in poorer African countries than in bet...