Financial Giant State Street Sees Unwaning Crypto Demand From Institutional Investors

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Financial Giant State Street Sees Unwaning Crypto Demand From Institutional Investors

September 12, 2022 Casey Cartwright

Investment management firm State Street says that institutional clients are not deterred from investing in crypto assets despite price declines. “There is a belief that the asset class is here…

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Central Bank of China Calls for Increasing Use of Digital Yuan

September 12, 2022 Casey Cartwright

The People’s Bank of China has urged for widening of the array of use-case scenarios for its central bank digital currency. The monetary authority believes that deeper interconnection with traditional…

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Blockchain Gaming Publisher and Web3 Firm Animoca Brands Secures $110 Million

September 10, 2022 Casey Cartwright

Blockchain gaming publisher Animoca Brands announced the company has raised $110 million in a funding round led by Temasek, Boyu Capital, and GGV Capital. The company raised the funds by…

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Bank of Russia to Promote Digital Ruble in Foreign Trade as Finance Ministry Pushes for Crypto Option

September 9, 2022 Casey Cartwright

Days after the two institutions agreed on the need for cross-border crypto payments, the finance ministry and the central bank of Russia are once again highlighting their different priorities. While…

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