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Crypto Assets
ECB's Panetta Blasts Crypto as ‘Ponzi Scheme’ Fueled by Greed
The central banker compared crypto market dynamics to the 2008 financial crisis and called for additional regulation and taxes.

Germany's Commerzbank Applies for Local Crypto License
If the license application is accepted, the bank would be authorized to offer exchange and crypto-asset services.

Blockchain.com Teams With Altis Partners on Asset Management Platform
The exchange was valued at $14 billion in a funding round closed last week.

UK Aims to Become Global Crypto Hub, Exchequer Says
Among the initial steps will be legislation to recognize stablecoins as legitimate vehicles for payments.

The UK Wants to Regulate Crypto: Here's What That Could Look Like
The government is set to reveal its regulatory package for crypto in the coming weeks.

DeFi Portal 1inch Launches Wallet App on Android
The move comes nearly one year after the app became available on Apple's iPhone.

Grab’s Technology Head Departs to Lead Metaverse Gaming Firm Ethlas: Report
Many high-level executives of traditional technology firms have left their jobs to dive into the metaverse, with Grab’s head of technology, Wui Ngiap Foo, being the latest.

KPMG Canada Exec on Adding Crypto to Its Balance Sheet: ‘We Believe in This Sector’
The Canadian branch of accounting giant KPMG has acquired bitcoin and ether on its balance sheet. KPMG Canada’s Kareem Sadek shares his insights into the firm making its first allocation of crypto assets to its corporate treasury.

Crypto Fund Inflows Follow Pickup in Market Sentiment
Inflows into digital-asset funds last week were 4.5 times what they were the week before.

Fed's Hawkish Pivot May Not Last, Bitcoin Analysts Say
The Fed might not act as decisively in tightening monetary policy if financial stability concerns start to outweigh the risk of fast inflation.
