Crypto News
Stablecoin Market Cap Jumps to $164B After Months of Stagnation
Renewed expansion in stablecoins is bullish for the broader crypto market.Source link
India to Release Its Crypto Policy Stance by September After Stakeholder Consultations: Report
India plans to put out a discussion paper outlining its policy stance on cryptocurrencies before September, according to Indian news outlet Moneycontrol citing an interview with Senior Finance Ministry Official Ajay Seth.Source link
Deutsche Telekom Joins RWA-Focused XDC as Infrastructure Provider in Digital Asset Push
The company already runs nodes on multiple blockchain networks and is considering bitcoin mining plans, its web3 head revealed last month at a conference.Source link
Swiss Crypto Bank Sygnum Achieves Profitability Amid Rapid Growth
Swiss-based crypto bank Sygnum has achieved profitability in the first half of 2024, marking a significant milestone in the digital asset industry. The bank’s success is attributed to robust growth across its core business segments, including custody, trading, and lending services. With assets under administration surpassing $4 billion, Sygnum caters to clients from over 60Source link
SYS Labs CEO to Resign Amid Allegations of Mismanagement
Following Decrypt’s investigation, Sidhu now intends to step down as CEO of SYS Labs, a person familiar with the matter said.Source link