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Central banks may get into digital currency

The governor of the Bank of England, Mark Carney, has not ruled out the prospect of central banks issuing digital currencies in future, despite a range of concerns about cryptocurrencies. Speaking at a conference at the Riksbank, the Swedish central

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Cryptocurrency fund market takes off

The market for managed cryptocurrency funds is starting to gather momentum with the third fund in as many months announcing its entry into the market. Every Capital is offering a couple of points of difference with its fund: it will

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Investors’ cryptocurrency focus is too narrow

Despite the steady growth in the number of cryptocurrencies that can be traded on exchanges, Bitcoin (and its variants) continue to dominate trading activity. However, traders are looking elsewhere for gains. Cryptocurrency trading service HiveEx.com reports in its Weekly Coin

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Big end of town embraces cryptocurrency

Business news and financial information company Bloomberg has joined forces with Galaxy Digital Capital Management to launch the Bloomberg Galaxy Crypto Index. The index has been designed to track the performance of the largest, most liquid portion of the cryptocurrency

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ASIC turns cryptocop

Up until recently, the Australian Securities and Investments Commission has taken a hands-off approach to cryptocurrencies and digital currency markets. But last month it received delegated powers from the Australian Competition and Consumer Commission to take action under the Australian

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Registration date for digital currency exchanges looms

Providers of cryptocurrencies are now covered by anti-money laundering and counter-terrorism financing laws. Australia’s anti-money laundering regulator Austrac has implemented new rules, which mean that digital currency exchanges with a business located in Australia must register with Austrac and meet

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Another cryptcocurrency fund comes to market

Competition in the cryptocurrency managed investment market is heating up. Just weeks after Anti Hero Capital launched a cryptocurrency fund, the blockchain and cryptocurrency adviser DigitalX has announced the formation of a new division, DigitalX Investments, and launched DigitalX Fund.

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An anti hero enters the cryptocurrency market

For investors who think that cryptocurrencies are purely speculative investments, with no fundamental basis for their pricing, James Nguyen has news for you. He says cryptocurrencies have utility and the potential to create wealth. Nguyen is the chief executive of

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HiveEx promises a better crypto trading deal

Hive Empire, the company that owns the financial comparison site finder.com, has launched a cryptocurrency trading service, HiveEx.com, offering sophisticated investors the ability to do larger trade efficiently. The trading service was kicked-off in February and has done $2 million

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Cryptocurrency values fall as Google bans ads

Google has announced that it will ban all cryptocurrency-related advertising. The ban includes ads for digital wallets, initial coin offerings, trading advice and cryptocurrency exchanges. The ban follows a similar move by Facebook in January. Google said it had updated

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ASIC turns cryptocop

Up until recently, the Australian Securities and Investments Commission has taken a hands-off approach to cryptocurrencies and digital

More »