# Business News

Canonical URL: https://www.tokenpost.com/news/business?page=308
Page 308 of 356. Articles are ordered by original publication time, newest first. Summaries below are excerpts; follow each full-text link for the complete article.

## [Swiss bourse’s crypto trading volume hits record high of $1.23 billion in 2020](https://www.tokenpost.com/news/business/5932)

By Mark Jason Alcala | Business
Published: 2021-01-18T09:39:51.000Z
Updated: 2021-01-18T09:39:51.000Z

Crypto trading volume on SIX Swiss Exchange in 2020 surpasses the previous record set in 2017.

[Full text](https://www.tokenpost.com/news/business/5932.md) | [Citation metadata](https://www.tokenpost.com/news/business/5932.json)

## [Crypto demand from institutional investors fuels a 900% rise in Grayscale’s assets in 2020](https://www.tokenpost.com/news/investing/5931)

By Mark Jason Alcala | Business
Published: 2021-01-15T14:28:41.000Z
Updated: 2021-01-15T14:28:41.000Z

Grayscale's crypto assets, which were valued at $2 billion at the start of 2020, rose to $20.2 billion by year-end.

[Full text](https://www.tokenpost.com/news/investing/5931.md) | [Citation metadata](https://www.tokenpost.com/news/investing/5931.json)

## [ICE’s cryptocurrency exchange Bakkt to go public with $2.1B valuation](https://www.tokenpost.com/news/business/5927)

By Mark Jason Alcala | Business
Published: 2021-01-13T12:29:25.000Z
Updated: 2021-01-15T00:35:14.000Z

Crypto exchange Bakkt will be traded at the NYSE after merging with VPC Impact Acquisition Holdings.

[Full text](https://www.tokenpost.com/news/business/5927.md) | [Citation metadata](https://www.tokenpost.com/news/business/5927.json)

## [South Korea’s oldest bank invests into crypto custody consortium](https://www.tokenpost.com/news/business/5926)

By Mark Jason Alcala | Business
Published: 2021-01-13T07:43:35.000Z
Updated: 2021-01-13T07:43:35.000Z

Shinhan Bank plans to offer its own crypto custody service to clients.

[Full text](https://www.tokenpost.com/news/business/5926.md) | [Citation metadata](https://www.tokenpost.com/news/business/5926.json)

## [Crypto exchange Bithumb being targeted for acquisition by gaming firm Nexon](https://www.tokenpost.com/news/business/5923)

By Mark Jason Alcala | Business
Published: 2021-01-08T13:36:49.000Z
Updated: 2021-01-11T05:38:07.000Z

South Korean crypto exchange Bithumb might have finally found a buyer in gaming firm Nexon.

[Full text](https://www.tokenpost.com/news/business/5923.md) | [Citation metadata](https://www.tokenpost.com/news/business/5923.json)

## [Nextech announces $2M Bitcoin purchase, plans to add more BTC later this year](https://www.tokenpost.com/news/business/5918)

By Mark Jason Alcala | Business
Published: 2021-01-06T10:27:27.000Z
Updated: 2021-01-06T10:27:27.000Z

The Canadian augmented reality firm joined the ranks of Bitcoin-holding companies with its recent $2 million purchase of the crypto.

[Full text](https://www.tokenpost.com/news/business/5918.md) | [Citation metadata](https://www.tokenpost.com/news/business/5918.json)

## [Crypto transaction volume on Bitsika Africa rose by 3,900% in 2020](https://www.tokenpost.com/news/business/5917)

By Mark Jason Alcala | Business
Published: 2021-01-05T15:54:02.000Z
Updated: 2021-01-05T15:54:02.000Z

From its 2019 revenue of $329, the crypto startup's 2020 revenue soared to $1.03 million in 2020.

[Full text](https://www.tokenpost.com/news/business/5917.md) | [Citation metadata](https://www.tokenpost.com/news/business/5917.json)

## [$30B in Bitcoin (BTC) being held as a reserve asset by 29 companies](https://www.tokenpost.com/news/business/5912)

By Mark Jason Alcala | Business
Published: 2020-12-30T14:57:00.000Z
Updated: 2020-12-30T14:57:00.000Z

More than 1.1 million BTC is now held as a reserve asset by various firms.

[Full text](https://www.tokenpost.com/news/business/5912.md) | [Citation metadata](https://www.tokenpost.com/news/business/5912.json)

## [Crypto bank with physical branches opens in India](https://www.tokenpost.com/news/business/5911)

By Mark Jason Alcala | Business
Published: 2020-12-30T09:45:57.000Z
Updated: 2020-12-30T09:45:57.000Z

Indian crypto bank Unicas will open 14 branches by January 2021 and plans to expand its presence to 100 branches by 2022.

[Full text](https://www.tokenpost.com/news/business/5911.md) | [Citation metadata](https://www.tokenpost.com/news/business/5911.json)

## [Crypto exchange Binance unlikely to expand to Japan after shutting down South Korean operations](https://www.tokenpost.com/news/business/5906)

By Mark Jason Alcala | Business
Published: 2020-12-28T15:35:45.000Z
Updated: 2020-12-28T15:35:45.000Z

Binance CEO says it is unlikely to expand in Japan.

[Full text](https://www.tokenpost.com/news/business/5906.md) | [Citation metadata](https://www.tokenpost.com/news/business/5906.json)

## [Bitcoin (BTC) soars past $28K for the first time on Sunday, sets a new all-time high](https://www.tokenpost.com/news/business/5904)

By Mark Jason Alcala | Business
Published: 2020-12-28T07:43:47.000Z
Updated: 2020-12-28T07:43:47.000Z

Bitcoin breached the $28,000 mark on Sunday pushing its market cap past $500 billion.

[Full text](https://www.tokenpost.com/news/business/5904.md) | [Citation metadata](https://www.tokenpost.com/news/business/5904.json)

## [Crypto payments platform Wirex secures Visa principal membership allowing it to issue cards autonomously](https://www.tokenpost.com/news/business/5901)

By Mark Jason Alcala | Business
Published: 2020-12-25T11:53:15.000Z
Updated: 2020-12-25T11:53:15.000Z

Wirex can now directly issue Visa cards to its over 3 million customers.

[Full text](https://www.tokenpost.com/news/business/5901.md) | [Citation metadata](https://www.tokenpost.com/news/business/5901.json)

## [Canadian fintech firm plans to add Bitcoin (BTC) as part of its reserve assets](https://www.tokenpost.com/news/business/5900)

By Mark Jason Alcala | Business
Published: 2020-12-24T14:21:46.000Z
Updated: 2020-12-24T14:21:46.000Z

Fintech firm Mogo announced that it will invest 1.5 percent of its reserve assets in Bitcoin.

[Full text](https://www.tokenpost.com/news/business/5900.md) | [Citation metadata](https://www.tokenpost.com/news/business/5900.json)

## [South Korea’s monthly crypto trading volume for December expected to reach $18B](https://www.tokenpost.com/news/business/5896)

By Mark Jason Alcala | Business
Published: 2020-12-22T07:52:24.000Z
Updated: 2020-12-22T07:52:24.000Z

South Korea's crypto market activity is expected to surge this month along with Bitcoin's rally.

[Full text](https://www.tokenpost.com/news/business/5896.md) | [Citation metadata](https://www.tokenpost.com/news/business/5896.json)

## [Bitcoin (BTC) mining firm Core Scientific acquires 59,000 additional S19 and S19 Pro Antminers](https://www.tokenpost.com/news/business/5892)

By Mark Jason Alcala | Business
Published: 2020-12-18T09:24:02.000Z
Updated: 2020-12-19T10:27:30.000Z

Core Scientific now has more than 77,000 crypto mining rigs with a total computing power of 7.26 EH/s.

[Full text](https://www.tokenpost.com/news/business/5892.md) | [Citation metadata](https://www.tokenpost.com/news/business/5892.json)

## [UK investment firm shifts from gold to Bitcoin (BTC) as major currencies devalue](https://www.tokenpost.com/news/business/5890)

By Mark Jason Alcala | Business
Published: 2020-12-16T15:32:19.000Z
Updated: 2020-12-16T15:33:52.000Z

Ruffer International has added Bitcoin to its Multi-Strategies Funds as a defensive move against fiat devaluation.

[Full text](https://www.tokenpost.com/news/business/5890.md) | [Citation metadata](https://www.tokenpost.com/news/business/5890.json)

## [Italy’s Banca Generali private bank to offer crypto custody service by 2021](https://www.tokenpost.com/news/business/5889)

By Mark Jason Alcala | Business
Published: 2020-12-16T07:19:06.000Z
Updated: 2020-12-16T07:19:06.000Z

Known as Italy's best private bank, Banca Generali will start offering crypto custody service via an agreement with Bitcoin wallet provider Conio.

[Full text](https://www.tokenpost.com/news/business/5889.md) | [Citation metadata](https://www.tokenpost.com/news/business/5889.json)

## [Fidelity’s crypto investors can now use Bitcoin (BTC) as collateral for loans](https://www.tokenpost.com/news/business/5883)

By Mark Jason Alcala | Business
Published: 2020-12-10T14:43:45.000Z
Updated: 2020-12-10T14:43:45.000Z

Institutional investors can now pledge their Bitcoin as collateral for cash loans.

[Full text](https://www.tokenpost.com/news/business/5883.md) | [Citation metadata](https://www.tokenpost.com/news/business/5883.json)

## [Kookmin Bank’s plans to roll out the beta version of its crypto custodial services to corporate clients this month](https://www.tokenpost.com/news/business/5881)

By Mark Jason Alcala | Business
Published: 2020-12-09T16:00:11.000Z
Updated: 2020-12-10T01:20:41.000Z

South Korea's largest bank will be rolling out its cryptocurrency custody service soon.

[Full text](https://www.tokenpost.com/news/business/5881.md) | [Citation metadata](https://www.tokenpost.com/news/business/5881.json)

## [MicroStrategy plans to buy more Bitcoin (BTC) by raising funds via the issuance of senior convertible notes](https://www.tokenpost.com/news/business/5879)

By Mark Jason Alcala | Business
Published: 2020-12-08T16:17:03.000Z
Updated: 2020-12-09T10:42:06.000Z

MicroStrategy plans to raise $400 million and use the net proceeds to buy more Bitcoins.

[Full text](https://www.tokenpost.com/news/business/5879.md) | [Citation metadata](https://www.tokenpost.com/news/business/5879.json)

## [DeFiato Platform Primed to Redefine DeFi Staking, Yield Farming, and IEO for the Decentralized World](https://www.tokenpost.com/news/business/5877)

By Sonny Kwon | Business
Published: 2020-12-08T08:11:54.000Z
Updated: 2020-12-08T08:11:54.000Z

DeFiato, an all-encompassing crypto staking/yield farming with fiat access platform today has announced its release, fleshing out its vision to redefine staking services for all users by empowering them to earn passiv…

[Full text](https://www.tokenpost.com/news/business/5877.md) | [Citation metadata](https://www.tokenpost.com/news/business/5877.json)

## [German bourse’s crypto trading app volume surpasses $1.2B as active users rose by 180% in 2020](https://www.tokenpost.com/news/business/5876)

By Mark Jason Alcala | Business
Published: 2020-12-08T03:28:40.000Z
Updated: 2020-12-08T03:28:40.000Z

Total trading volume on the Bison crypto trading app soars past one billion euros in 2020.

[Full text](https://www.tokenpost.com/news/business/5876.md) | [Citation metadata](https://www.tokenpost.com/news/business/5876.json)

## [Bitcoin (BTC) mining revenue soars 48% to $522M in November](https://www.tokenpost.com/news/business/5875)

By Mark Jason Alcala | Business
Published: 2020-12-07T14:15:17.000Z
Updated: 2020-12-08T08:00:42.000Z

Estimated BTC mining revenues rose in November, the highest level since September 2019.

[Full text](https://www.tokenpost.com/news/business/5875.md) | [Citation metadata](https://www.tokenpost.com/news/business/5875.json)

## [Bitcoin (BTC), Ether (ETH), Litecoin (LTC), other cryptos now accepted in Pizza Hut stores in Venezuela](https://www.tokenpost.com/news/business/5867)

By Mark Jason Alcala | Business
Published: 2020-11-30T08:41:22.000Z
Updated: 2020-11-30T08:41:22.000Z

Customers can now use crypto to pay for orders in all Pizza Hut locations in Venezuela.

[Full text](https://www.tokenpost.com/news/business/5867.md) | [Citation metadata](https://www.tokenpost.com/news/business/5867.json)

## [Cypherpunk recalibrates crypto portfolio by buying Bitcoin (BTC) and selling Ether (ETH) and Monero (XMR)](https://www.tokenpost.com/news/business/5866)

By Mark Jason Alcala | Business
Published: 2020-11-30T05:12:12.000Z
Updated: 2020-11-30T05:12:12.000Z

Canadian investment firm more than tripled its Bitcoin holdings to 276,479 BTC.

[Full text](https://www.tokenpost.com/news/business/5866.md) | [Citation metadata](https://www.tokenpost.com/news/business/5866.json)

## [Crypto exchange Huobi expands in Malaysia](https://www.tokenpost.com/news/business/5861)

By Mark Jason Alcala | Business
Published: 2020-11-27T16:55:06.000Z
Updated: 2020-11-27T16:55:06.000Z

Singapore-based Huobi announced the launch of its cryptocurrency trading platform in Malaysia.

[Full text](https://www.tokenpost.com/news/business/5861.md) | [Citation metadata](https://www.tokenpost.com/news/business/5861.json)

## [Crypto investors move Bitcoin from OKEx after platform reactivates withdrawal function](https://www.tokenpost.com/news/business/5858)

By Mark Jason Alcala | Business
Published: 2020-11-27T03:53:55.000Z
Updated: 2020-11-27T03:53:55.000Z

Platform experience biggest Bitcoin outflow this year after OKEx resumes withdrawal function.

[Full text](https://www.tokenpost.com/news/business/5858.md) | [Citation metadata](https://www.tokenpost.com/news/business/5858.json)

## [Australian investment firm moves to Bitcoin due to client demand](https://www.tokenpost.com/news/business/5857)

By Mark Jason Alcala | Business
Published: 2020-11-26T14:28:24.000Z
Updated: 2020-11-26T14:28:24.000Z

Pendal Group, an Australian investment firm with over $73.6 billion in AUM, has started investing in Bitcoin futures through the Chicago Merchantile Exchange.

[Full text](https://www.tokenpost.com/news/business/5857.md) | [Citation metadata](https://www.tokenpost.com/news/business/5857.json)

## [PayPal Crypto user complains of suspended account for trading too frequently](https://www.tokenpost.com/news/business/5856)

By Mark Jason Alcala | Business
Published: 2020-11-26T07:40:00.000Z
Updated: 2020-11-26T07:40:00.000Z

PayPal reportedly suspected an account citing "potential risk."

[Full text](https://www.tokenpost.com/news/business/5856.md) | [Citation metadata](https://www.tokenpost.com/news/business/5856.json)

## [Grayscale’s cryptocurrency assets under management surges past $10B](https://www.tokenpost.com/news/business/5840)

By Mark Jason Alcala | Business
Published: 2020-11-19T08:26:52.000Z
Updated: 2020-11-19T08:26:52.000Z

Along with Bitcoin's rally, Grayscale's total assets under management breached the $10 billion mark.

[Full text](https://www.tokenpost.com/news/business/5840.md) | [Citation metadata](https://www.tokenpost.com/news/business/5840.json)

## [Central bank digital currency (CBDC) will eventually replace cash, says Deutsche Bank](https://www.tokenpost.com/news/business/5833)

By Mark Jason Alcala | Business
Published: 2020-11-13T16:43:49.000Z
Updated: 2020-11-13T16:43:49.000Z

The German banking giant believes that digital currencies will replace cash in the future.

[Full text](https://www.tokenpost.com/news/business/5833.md) | [Citation metadata](https://www.tokenpost.com/news/business/5833.json)

## [Chinese bank accepts Bitcoin (BTC) for bonds that will be issued on a blockchain](https://www.tokenpost.com/news/business/5832)

By Mark Jason Alcala | Business
Published: 2020-11-12T09:35:50.000Z
Updated: 2020-11-12T09:35:50.000Z

Investors can use US dollars or Bitcoin to pay for China Construction Bank-issued debt securities.

[Full text](https://www.tokenpost.com/news/business/5832.md) | [Citation metadata](https://www.tokenpost.com/news/business/5832.json)

## [Coinstreet Partners and PUBLISH Inc. announces strategic partnership for asset tokenization and STO in South Korea](https://www.tokenpost.com/news/business/5831)

By Sonny Kwon | Business
Published: 2020-11-12T05:26:42.000Z
Updated: 2020-11-12T05:26:42.000Z

Asset tokenization is one of the transformative forces shaping the new face of the financial sector and the digital economy as a whole.

[Full text](https://www.tokenpost.com/news/business/5831.md) | [Citation metadata](https://www.tokenpost.com/news/business/5831.json)

## [Cryptocurrency lender Cred files for bankruptcy](https://www.tokenpost.com/news/business/5826)

By Mark Jason Alcala | Business
Published: 2020-11-09T06:50:00.000Z
Updated: 2020-11-09T06:50:00.000Z

Both outflows and inflows are expected to remain inaccessible to customers during Cred’s Chapter 11 process.

[Full text](https://www.tokenpost.com/news/business/5826.md) | [Citation metadata](https://www.tokenpost.com/news/business/5826.json)

## [Cryptocurrency firm Grayscale just posted a record week with a $215M inflow](https://www.tokenpost.com/news/business/5822)

By Mark Jason Alcala | Business
Published: 2020-11-04T14:30:20.000Z
Updated: 2020-11-04T14:30:20.000Z

Grayscale's Bitcoin holding rose to $6.7 billion after last week's $215 million inflow.

[Full text](https://www.tokenpost.com/news/business/5822.md) | [Citation metadata](https://www.tokenpost.com/news/business/5822.json)

## [PayPal begins rolling out cryptocurrency service to U.S. users](https://www.tokenpost.com/news/business/5821)

By Mark Jason Alcala | Business
Published: 2020-11-04T07:16:59.000Z
Updated: 2020-11-04T07:16:59.000Z

While it is still currently rolling out its cryptocurrency service to U.S. clients, PayPal is already contemplating the possibility of incorporating CBDCs into its platform.

[Full text](https://www.tokenpost.com/news/business/5821.md) | [Citation metadata](https://www.tokenpost.com/news/business/5821.json)

## [Fidelity’s cryptocurrency arm taps Singaporean startup fir its Asian expansion](https://www.tokenpost.com/news/business/5816)

By Mark Jason Alcala | Business
Published: 2020-10-29T16:17:29.000Z
Updated: 2020-10-29T16:17:29.000Z

Fidelity Digital Asset has entered into the Asian cryptocurrency market via a partnership with Stack Funds.

[Full text](https://www.tokenpost.com/news/business/5816.md) | [Citation metadata](https://www.tokenpost.com/news/business/5816.json)

## [Coinbase announces cryptocurrency Visa debit card for U.S. clients that supports 30 cryptos](https://www.tokenpost.com/news/business/5815)

By Mark Jason Alcala | Business
Published: 2020-10-29T12:55:46.000Z
Updated: 2020-10-29T12:55:46.000Z

Coinbase is about to launch the Coinbase Card, a cryptocurrency Visa debit card that can be used with ATMs, checkout interface, or payment terminals.

[Full text](https://www.tokenpost.com/news/business/5815.md) | [Citation metadata](https://www.tokenpost.com/news/business/5815.json)

## [DBS might be planning to launch a cryptocurrency exchange](https://www.tokenpost.com/news/business/5812)

By Mark Jason Alcala | Business
Published: 2020-10-28T10:40:25.000Z
Updated: 2020-10-28T10:40:25.000Z

The Development Bank of Singapore reportedly posted an online announcement about its own cryptocurrency exchange which was later taken down for unknown reasons.

[Full text](https://www.tokenpost.com/news/business/5812.md) | [Citation metadata](https://www.tokenpost.com/news/business/5812.json)

## [Cryptocurrency mining firm Marathon becomes largest U.S. BTC miner with the acquisition of 10,000 Antminers](https://www.tokenpost.com/news/business/5811)

By Mark Jason Alcala | Business
Published: 2020-10-28T05:36:02.000Z
Updated: 2020-10-28T05:36:02.000Z

Marathon just announced the acquisition of 10,000 additional Antminer S19 Pro bitcoin miners from the Chinese hardware manufacturer Bitmain.

[Full text](https://www.tokenpost.com/news/business/5811.md) | [Citation metadata](https://www.tokenpost.com/news/business/5811.json)

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