# New York grants Bakkt coveted BitLicense

# New York grants Bakkt coveted BitLicense

“# New York grants Bakkt coveted BitLicense ” Bakkt has become the latest crypto firm to get a BitLicense. This morning, the New York Department of Financial Services announced that Bakkt had become the 29th BitLicensee. First granted to Paxos in 2015, the BitLicense is New York’s program for regulating virtual currency firms. With it, Bakkt…

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#Cryptocurrency trading surged amid Tesla bitcoin buy

#Cryptocurrency trading surged amid Tesla bitcoin buy

“#Cryptocurrency trading surged amid Tesla bitcoin buy” Cryptocurrency trading surged to record levels in February as the price of bitcoin swung wildly following Tesla’s $1.5 billion investment, new data show. Crypto trading volumes soared 17 percent to more than $2.7 trillion last month as the electric-car maker and other major companies started to embrace digital…

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# Vietnam’s finance ministry warns about crypto trading risks

# Vietnam’s finance ministry warns about crypto trading risks

“# Vietnam’s finance ministry warns about crypto trading risks ” Vietnamese financial authorities have warned the public about the risks of cryptocurrency investment as the industry is not regulated in Vietnam, local news agency Thanh Niên reports Wednesday. The Ministry of Finance of Vietnam stated, “Vietnam has not adopted any legislation related to the issuance,…

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# Colombia’s oldest commercial bank pilots crypto services

# Colombia’s oldest commercial bank pilots crypto services

“# Colombia’s oldest commercial bank pilots crypto services ” Colombia’s oldest commercial banking institution, Banco de Bogotá, is reportedly exploring cryptocurrency-related services. According to a report by local news agency Portafolio, Banco de Bogotá announced Monday that it will participate in a pilot project directed by the Superintendencia Financiera de Colombia, the country’s top financial regulator….

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