Dubai-based FD7 Ventures, a global crypto investment fund with $1 Billion USD under management, announced today plans to sell off 750M USD worth of their Bitcoin holdings over the next 30 days to increase the company’s positions in Cardano (ADA) and Polkadot (DOT).
Coinbase "Commerce" will now let merchants that use its service instantly convert cryptocurrencies to fiat currencies and the USDC stablecoin, by simply linking your coinbase account, and converting in a few simply clicks.
The crypto space is seeing huge moves upwards and many are calling that the bull market has begun. As Bitcoin, Ethereum, Cardano, Elrond, XRP, and other cryptocurrencies are on the rise, many people are flocking to the crypto space.
Swiss Crypto Bank SEBA will be further expanding into an additional nine other markets. The firm already operates with a securities dealer license from the Swiss Financial Market Supervisory Authority.
Next year German banks will be able to manage cryptocurrencies like bitcoin after the fourth EU money laundering directive goes into effect. The directive passed in the German parliament, Bundestag, allows banks in the country to act as cryptocurrency custodians.