Interactive Brokers, one of the largest brokerage firms globally, has launched crypto trading for retail consumers in Hong Kong.
Through this service, clients of the bank will be able to make transactions with digital currency using the popular BitPanda platform.
The Austrian arm of European financial institution Raiffeisen Bank is preparing to introduce the option for its customers to trade cryptocurrencies such as Bitcoin in the coming months.
The Canadian division of KPMG has formed a partnership with Chainalysis to assist businesses in combatting fraud and crime within the digital asset industry.
The number of cryptocurrency holders in the country is growing, particularly elderly citizens who are at a higher risk of falling victim to fraud.
The New York State Department of Financial Services (NYDFS) has taken on a more active role in regulating the listing and delisting of tokens on exchanges in an effort to strengthen oversight of cryptocurrency firms.