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European Banks to Disclose Exposure to Crypto Assets

[Jun 29, 2023 3:00 PM] Banks in the European Union will have to disclose their exposure to cryptocurrencies, EU institutions announced. The obligation will be introduced under a deal to implement globally agreed regulatory standards meant to improve the resilience of the…

6 Factors Advisors Should Consider Before Using an SMA for Digital Assets

[Jun 29, 2023 12:01 PM] Separately Managed Accounts (SMAs) are a good way for FAs to manage digital assets, but advisors should fully understand the trade-offs.

Coinbase's Base Prepares for Mainnet Launch With Slew of Security Audits

[Jun 29, 2023 12:00 PM] The layer 2 blockchain pioneered by Nasdaq-listed crypto exchange Coinbase has detailed the security testing taken ahead of its public launch later this year.

CME Group Announces Plans to Launch ETH to BTC Ratio Futures

[Jun 29, 2023 11:54 AM] Derivatives exchange CME Group plans to launch ether/bitcoin (ETH/BTC) ratio futures on July 31, if approved by regulators, the company announced Thursday.

Fidelity Refiles for Spot Bitcoin ETF

[Jun 29, 2023 11:17 AM] Asset manager Fidelity filed paperwork TK WHEN with the Securities and Exchange Commission (SEC) for a spot bitcoin exchange-traded fund (ETF) which will be traded under the name TK.

Canadian ETF Issuer 3iQ to Work With Coinbase to Offer ETH Staking in Its Funds

[Jun 29, 2023 10:26 AM] Toronto-based digital asset manager 3iQ will start offering ether (ETH) staking in its Ether Fund and Ether ETF, making it the first ETF issuer in North America to allow for this investment strategy, the company announced Wednesday. The feature…

Julius Baer Eyes Expansion to Dubai for Crypto Services: Bloomberg

[Jun 29, 2023 9:13 AM] The expansion would be the private bank's first for its crypto offering beyond its native Switzerland, where it has provided digital asset services since the start of 2020.

Developer Six Clovers Rolls Out Cross-Border Crypto Payments on Sui

[Jun 29, 2023 7:00 AM] Versal Network will allow companies to transact in stablecoins and central bank digital currencies.

Ex-Genesis CEO Michael Moro to Head Crypto Derivatives Exchange Startup

[Jun 29, 2023 4:21 AM] Ankex, a non-custodial exchange with a centralized order book, is being spun out of crypto custody firm Qredo, which Moro joined in January.

COMP Token Rises by 50% in 4 Days Amid Flurry of Whale Activity on Binance

[Jun 29, 2023 4:19 AM] The native token of decentralized finance protocol Compound (COMP) has surged by more than 50% in four days following a spike of volume and outflows on Binance.

FTX Customers Have Until End-September to Submit Bankruptcy Claims

[Jun 29, 2023 2:48 AM] Former customers will receive an email containing a link to the Customer Claims Portal.

Binance EUR Banking Partner to Halt Support of the Crypto Exchange in September

[Jun 28, 2023 5:46 PM] The exchange recently announced a retreat from the U.K., Netherlands and Cyprus.

Popular Standard for Issuing Tokenized Securities Gets Makeover

[Jun 28, 2023 1:25 PM] Republic Crypto and Upside are debuting ERC-1404 Prime as a future forward token standard.

Mastercard is Piloting Tokenized Bank Deposits in New UK Testbed

[Jun 28, 2023 11:00 AM] The card giant is launching what it calls a Multi-Token Network (MTN), which will begin by testing tokenized bank deposits and move onto experiments using stablecoins and CBDCs.

ARK Amends Spot Bitcoin ETF Filing to Include Surveillance Sharing, Similar to BlackRock

[Jun 28, 2023 9:43 AM] ARK's application may now be in pole position to be approved first as as it was filed earlier than BlackRock's.

Maple Finance Expands to Direct Lending Targeting Web3 Firms

[Jun 28, 2023 7:00 AM] The firm aspires to fill the gap in crypto lending left by the implosion of centralized lenders such as BlockFi and Genesis.

Crypto Custody Firm Ledger Introduces Institutional-Grade Trading Network

[Jun 28, 2023 7:00 AM] The network has a range of partner firms, including Crypto.com, Bitstamp, Huobi, Wintermute and Komainu.

IFC-Backed Carbon Opportunities Fund Uses Chia Network to Settle Tokenized Carbon Credits

[Jun 28, 2023 7:00 AM] Investment company Sumitomo Corporation of Americas purchased a batch of tokenized carbon offsets from the Carbon Opportunities Fund.

Michael Saylor's MicroStrategy Now Holds Over $4.6B Worth of Bitcoin

[Jun 28, 2023 6:16 AM] The firm bought over 12K bitcoin for $347 million in the last two months.

Horizen Scraps Privacy Coin Moniker Amid Regulatory Scrutiny

[Jun 28, 2023 5:25 AM] Horizen says it's now simply a layer 0 blockchain after depreciating the shielded pools on its main chain.

Crypto Exchange KuCoin to Introduce Mandatory ID Checks Next Month

[Jun 28, 2023 4:59 AM] As of July 15, new customers will be required to complete identification checks to use KuCoin's services.

Bitpanda Pro Rebrands, Raises $33M in Peter Thiel-Led Round

[Jun 28, 2023 4:25 AM] Thiel’s Valar Ventures led the fundraise for One Trading, which is now fully separated from Bitpanda.

TrueUSD’s Reserves Were Attested by Former FTX.US Accounting Team

[Jun 27, 2023 11:49 PM] Armanino’s digital asset team rebranded itself to The Network Firm, as CoinDesk reported, to continue performing audits and attestations after the collapse of FTX.

Voyager to Pay $1.1M Legal Fees for April

[Jun 27, 2023 11:47 PM] Some of the firm’s attorneys billed Voyager upwards of $150,000 for their work during the month.

FTX Pauses Sale of $500M Stake in AI Firm Anthropic: Bloomberg

[Jun 27, 2023 3:27 PM] The move followed months of due diligence on the stake being done by the bidders, according to Bloomberg’s sources.

Latin American Crypto Firm Ripio Approved to Operate in Spain as an Exchange

[Jun 27, 2023 2:25 PM] It’s the latest in a number of licenses to crypto companies granted by the Bank of Spain.

TrueUSD Stablecoin Has $26k of Funds at ‘U.S. Depository Halting Withdrawals,’ Reserve Report Says

[Jun 27, 2023 12:44 PM] The stablecoin issuer said last week that it had “no exposure” to the failed crypto custodian Prime Trust.

Bitfinex Launches Peer-to-Peer Trading Platform in Argentina, Colombia and Venezuela

[Jun 27, 2023 9:42 AM] Users will be able to buy and sell bitcoin, ether, USDT, EURT and XAUT.

Three Arrows Capital Liquidators Seek $1.3B From Bankrupt Hedge Fund's Founders: Bloomberg

[Jun 27, 2023 9:31 AM] The fund founded by Su Zhu and Kyle Davies suffered big losses on the collapse of the Terra ecosystem starting in May 2022 and took on additional leverage despite already being insolvent, the liquidators say.

Robinhood Sheds Jobs for Third Time Since April 2022: WSJ

[Jun 27, 2023 4:04 AM] Trading platform Robinhood (HOOD) has cut 7% of its full-time staff, about 150 employees, in the third round of layoffs since April 2022.