Litecoin founder, Charlie Lee, expects a recent 10% stake acquisition in German Bank WEG Bank to work in the best interest of the two parties.
Japan is taking a formal approach to cryptocurrency taxation through new regulations implemented on this month.
The company also said that for the crypto space to mature a lot of regulatory work needs to be done.
The G20 has submitted a standardized framework to its member nations while stating that it be monitoring the crypto space vigilantly.
Six Group, the operator of the largest stock exchange in Switzerland, is planning to create a digital platform for the trading of tokenized digital assets.
The new blockchain-based solution will streamline the KYC process for the international banking fraternity.
The Founders Bank will let is clients decide on future developments by implementing blockchain-style governance model based on smart contracts.
The task force will work towards combating the crypto crimes and also bring new investor protection initiatives and regulations.
Owing to a huge demand from institutional investors, STASIS has launched its EURS stablecoin which is currently available for trading on DSX exchange.
The Philippines has joined a growing list of countries looking to generate some form of income from the burgeoning cryptocurrency market.