Revolut founder Nikolay Storonsky presents some facts as to how BTC trading volumes have dropped sharply and why the recovery won’t arrive anytime soon.
The report says that a growing number of institutional players from the global financial space are moving towards investing in Bitcoin and the overall cryptocurrency market.
The bank joins its rival Goldman Sachs and becomes the second major Wall Street firm to launch clearing crypto contracts.
Morgan Stanley can follow Goldman and Santander that have recently unveiled their plans to leave R3 consortium.
The distributed ledger technology has to overcome a number of issues to achieve widespread usage by banks, according to a new study from Morgan Stanley.
Chinese peer-to-peer online lender Lufax is planning to raise $1 billion next year in an attemp to reach a value of between $15 and $20 billion.
Thirteen top banks, including Citi, Bank of America and Deutsche Bank, have joined a consortium led by financial tech firm R3 that is developing blockchain technology for the financial industry.