Sumitomo Mitsui Trust to Establlish a Crypto Firm Targeting Instiutional Clients


Sumitomo Mitsui Trust – one of the largest asset managers in Asia – will tap Tokyo-based crypto exchange Bitbank to set up a company offering digital asset services to institutional clients this year. The newly created firm will hold cryptocurrencies and Non-Fungible Tokens (NFTs) for “large investors and corporations.” Sumitomo Mitsui Trust Focused on Security … Read more

BitMEX Announces New Spot Bitcoin And Crypto Exchange


BitMEX has released a spot exchange allowing the company to offer direct access to bitcoin and other cryptocurrencies instead of only trading derivatives. BitMEX announces a new spot exchange for bitcoin and other cryptocurrencies. BitMEX previously offered a platform for derivatives of bitcoin and other cryptocurrencies but will now offer direct asset trading. The spot … Read more

Exchange Inflows Spike As LFG Moves Bitcoin Reserves


The Luna Foundation Guard was forced to send a majority of its holdings to exchanges as it tried to hold the dollar peg for its Terra stablecoin. The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and … Read more

Swiss Exchange Relai To Release A Bitcoin Debit Card


Relai, a savings app focused on bitcoin, is crowdfunding through Crowdcube to launch a bitcoin debit card. Relai, a European bitcoin savings application, is planning to release a bitcoin debit card. The company started crowdfunding through Crowdcube and reached over $1.5 million within the first two hours. Currently Relai has raised over $2 million and … Read more