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Bitcoin Tracker: The Unbanked-Profit Dilemma

PYMNTS

Can the unbanked benefit from bitcoin, or are they merely the experimental subjects of bitcoin adherents, lobbyists and scientists? This week’s Bitcoin Tracker takes a look at the recent bitcoin projects that are in the news and that are targeting the unbanked. Vogel also wanted to clarify regulations surrounding bitcoin.

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New Bank of Bahrain Investment Product Pairs Bitcoin Growth Potential With Capital Security

The Fintech Times

In a move to offer accredited investors the ability to capitalise on Bitcoin’s long-term growth while ensuring capital preservation, the National Bank of Bahrain (NBB) has launched a new Bitcoin-linked investment product, developed in partnership with digital asset financial services firm ARP Digital.

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Bitcoin Daily: SEC, Kik In Court Over Token Sale; Billionaire Tim Draper Eyes Investing In India’s Crypto Sector

PYMNTS

In addition, the regulator disputed Kik’s contentions that half of its sale was just for accredited investors. It notes that it had a presale for accredited investors to bring in money for creating the ecosystem for kin as well as a second public sale to move tokens to users. securities rules.

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5 Top Fintech Trends Shaping the APAC Region in 2024

Fintech News

Cryptocurrencies Market Resurgence The resurgence in cryptocurrency prices and the anticipated halving of Bitcoin in mid-2024 has reignited interest in the potential of distributed ledger technology to reshape the financial landscape. Nonetheless, it is important to recognise that cryptocurrencies still have much to prove in the coming year.

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Singapore is A Global Leader in Crypto Adoption – Here’s Why

Fintech News

In the heart of Southeast Asia, a small island nation is making giant strides in digital currencies. percent of its population owning digital assets, the city-state isn’t just participating in the crypto revolution—it’s leading it. The city’s success in crypto adoption serves as a model for other Asian nations.

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Bitcoin Daily: RBC Won’t Launch Crypto Exchange; Grayscale First Bitcoin Fund To File With SEC

PYMNTS

Despite previous reports, the Royal Bank of Canada ( RBC ) is not planning on launching its own digital currency trading platform. In other news, Grayscale Bitcoin Trust ( GBTC ) announced that it has publicly filed a Registration Statement on Form 10 with the Securities and Exchange Commission (SEC).

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Bitcoin Soars In Japan, But What’s ‘Synthetic Currency?’

PYMNTS

Russia’s love-hate relationship with digital currency continues. One minute officials are threatening to punish bitcoin operatives and traders, the next minute they are suggesting that citizens can use bitcoin “in areas where such activities are legal.”. Something’s Afoot In Japan For Bitcoin.