Crypto Misfortune: European Central Bank Chief’s Son Hit By 60% Investment Loss

According to a Reuters report, European Central Bank (ECB) President Christine Lagarde revealed that her son experienced substantial losses in his crypto investments, disregarding numerous warnings.  Lagarde, a vocal critic of cryptocurrencies, has expressed concerns about their speculative nature, lack of intrinsic value, and potential misuse by criminals for illicit activities.  ECB Chief Urges Need […]

Crypto Custody Triumph: Commerzbank Sets Precedent As First Major German Bank To Obtain License

Commerzbank AG, one of Germany’s leading full-service banks, has obtained a crypto asset custody license, marking a significant milestone in the country’s financial landscape.  This regulatory approval positions Commerzbank as the first major German bank to offer comprehensive digital asset services, signifying a growing acceptance of cryptocurrencies within the European banking sector.  Commerzbank Leads The […]

Coinbase Faces Blockage In Kazakhstan: Alleged Violations Of Crypto Laws

In recent developments, Kazakhstan’s Ministry of Culture and Information recently announced the blocking of several prominent financial websites in the country, including Coinbase, Interactive Brokers, and the New York Commodity Exchange (NYMEX).  The move comes in response to alleged violations of Kazakhstan’s digital assets legislation and “identified fraudulent activities.” Access To Coinbase Restricted In Kazakhstan […]