If someone steals your private key or cracks your cryptocurrency exchange password, your holdings are toast. This ever-present threat wards off institutional investors from investing big sums in crypto, says Anthony Foy, CEO of London-based Qredo. “Existing custodial models are fundamentally broken. Institutions have to choose from retail wallet solutions, vulnerable centralized databases, or cold […]

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The Turkish government has added cryptocurrency exchanges to the list of firms subject to the country’s anti-money laundering and terrorism financing (AML-TF) regulations. The regulatory change took immediate effect after the presidential decree—similar to an executive order in the US—was published in the Official Gazette today. By applying those rules to crypto, the government now […]

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Visa chairman and CEO Al Kelly said in a quarterly earnings call on April 27 that the company has ambitious plans for digital currencies. “I would say that this is a space that we are leaning into in a very, very big way and I think are extremely well-positioned,” Kelly said. But how, precisely, is […]

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Sega, the video game giant behind Sonic the Hedgehog, is making a move into the NFT industry. According to a Twitter post by Sega, the Tokyo-based developer is partnering with blockchain startup double jump.tokyo to create NFTs based around Sega’s IP. Per Ledger Insights, double jump.tokyo has received an investment from Sega’s holding company for […]

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Hasbro CEO Brian Goldner has said that the toy and game manufacturer is considering incorporating non-fungible tokens (NFTs) into brands such as Magic: The Gathering—a world famous collectible card fantasy game. “We’ll continue to monitor and look at what appears to be an accelerating Magic business,” Goldner said during a quarterly earnings call, adding, “The […]

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