Major US Crypto Exchange Obtains Insurance, Will it Have Positive Effect on the Industry?

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This week, major US-based crypto exchange Gemini obtained insurance coverage from a consortium of leading insurance providers led by Aon, a multi-billion dollar insurance giant based in London. Yusuf Hussain, Gemini’s Head of Risk, emphasized the importance of providing sufficient consumer protection to assure that investors on the platform can freely trade cryptocurrencies without the…

Surveys: 1 in 4 Millennials Want to Invest in Crypto, 3% of China Already Has

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In recent cryptocurrency surveys, a poll of 100,000 Chinese citizens has found that 3% have invested in cryptocurrencies, and a survey conducted by Circle has found that a quarter of millennials would like to invest in crypto assets in the next 12 months. In addition, a survey by UK-based Rathbone Investment Management has found that…

Etoro Is Launching an OTC Crypto Trading Desk for Institutions

Etoro Is Launching an OTC Crypto Trading Desk for Institutions

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While the major banks are taking their time with offering OTC crypto trading, new entrants to the space are stepping up to fill the void. Social investing platform Etoro, which focuses mainly on retail traders, is now expanding into the institutional segment with a new cryptocurrency offering. Also Read: This Week in Bitcoin: An End…

Nchain Acquires Majority Stake in BCH-Application Handcash

Nchain Acquires Majority Stake in BCH-Application Handcash

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On Monday the blockchain research and development firm, Nchain, announced the acquisition of a majority stake in the Bitcoin Cash-centric startup Handcash. The Handcash platform allows users to send BCH in a contactless manner using near field communication (NFC) technology. Also read: BCH Miners Discuss Funding Development With a Fraction of Block Rewards Nchain Acquires a…