German Banks Allowed to Sell and Custody Crypto Assets From 2020: Report

German banking association BdB was positive about the legislation, too. “Credit institutions are experienced in the safekeeping of client assets and in risk management, are committed to investor protection and have always been controlled by the financial supervision,” it said. As such, banks could “effectively prevent money laundering and terrorist financing” with crypto assets.

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Jack Dorsey: Bitcoin-Friendly Cash App is Now 2nd Most Popular Apple Application

Within a decade since its launch in 2009, Twitter CEO Jack Dorsey’s fintech company Square has transformed into a $29 billion digital payments giant and the go-to platform for users to send and receive money and buy Bitcoin. On February 3, Dorsey revealed that Square Cash (also known as Cash App), one of the most […]

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Here’s How Much Nvidia Actually Made from Crypto Mining Sales

According to a report by Markets Insider, Nvidia generated $1.95 billion in revenue from its crypto business. Although the official financial statement of the company disclosed a $602 million crypto-related revenue, RBC analyst Mitch Steves said that the actual number is at least three times higher. “We think NVDA generated $1.95 billion in total revenue […]

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Temporary Bounce? Trump Gloats Over Buzzfeed and HuffPo Layoffs as Storm Clouds Gather Over Presidency

US president Donald Trump has gleefully weighed in on the news of mass layoffs at Buzzfeed and the Huffington Post in typically abrasive fashion on his Twitter account. According to Trump, who is facing an unprecedented challenge to his presidency following the arrest of longtime adviser Roger Stone and another impending government shutdown on the […]

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