Last November of 2019, the leading cryptocurrency Bitcoin’s valuation took off from more or less $5,950 to above $19,700 the following month, then wildly plunged to a $6,900 come February 2020, declining to a massive two-thirds in just a short period. These short wild swings in either direction tend to render bitcoin and other cryptocurrencies
The Banking and Asset Management Industry has presented significant development over the last century, offering new profound opportunities and possibilities relating to growth and innovation. From its humble beginnings, the first example of transactional operations conducted by merchants from around the world, things played out pretty simple, with the giving of grain loans to farmers
The COVID-19 Pandemic may have caused the end of the world as we know it and jump-started us all into the virtual age, or something near it. Institutional systems now may need a significant reformatting if they are to succeed in delivering the services that once drove them into the forefront in the first place.
A qualified custodian under the rules is either a bank or trust company like Wallex Custody which is qualified to hold those assets. Unlike a bank, Wallex can deal with any type of asset (digital, fiat, real estate, fine art ect.) and any currency, giving our customers the possibility of having multiple currency depository accounts
Uncertainties on a global scale continue to spread amid the crisis brought about by the COVID-19 pandemic, leading to massive market swings and drastic changes in fiscal policies. Investors are taking decisive actions to safeguard their portfolio by diversifying into digital assets such as Bitcoin which is proving itself unrelated to other assets affected by