Crypto products see 4th week of inflows amid race for Bitcoin ETFs: CoinShares
Bitcoin products took the largest share of inflows, netting 84% of incoming funds, according to CoinShares’ weekly fund flows report. Go to Source
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Solana YTD inflows suggest it’s the ‘most loved altcoin’ — CoinShares
Solana has seen steady inflows over the last nine weeks, even as other crypto investment products have faced outflows over a similar period. Go to Source
US Crypto Lawsuits Reach All-Time High With 42% Increase in 2022; SEC Cases Dominate Legal Battles
A new study on digital currency-related lawsuits since 2018 shows a 42% increase in crypto lawsuits in 2022. The highest number of claims in a single year was recorded last year, with 41 total claims in the United States. The research also shows that the majority of lawsuits came from the U.S. Securities and Exchange … Read more
Block Earner CEO calls for licensing clarity after being sued for crypto products
Block Earner CEO Charlie Karaboga said it was a “disappointing outcome” given it had spent “considerable resources” to adhere to existing guidelines. Go to Source Powered by WPeMatico
ASIC’s Longo pledges action against certain ‘high-risk’ crypto products
The chair of Australia’s market regulator has warned that “action will be taken” on financial product issuers who promote risky products to a wide consumer base. Go to Source Powered by WPeMatico
Switzerland’s Leonteq Offers Crypto Assets to Investors in Germany and Austria
Swiss fintech firm Leonteq has introduced its digital asset products in two neighboring jurisdictions, Germany and Austria. The company is launching its crypto offering with the help of a Frankfurt-based bank and in response to interest from institutional and private investors. Leonteq Provides German and Austrian Investors With Exposure to Major Cryptocurrencies Leonteq is presenting … Read more
Bank of Russia Tests Services Related to Cryptocurrencies
Russia’s central bank has examined three platforms offering crypto-related services. The projects have been tested in its regulatory sandbox in the course of 2020. Bank of Russia has received dozens of requests to pilot various financial services since it created the closed regulatory environment around three years ago. CBR Pilots 3 Crypto Projects in 2020 … Read more
Some institutional investors taking profit as Bitcoin retraces
CoinShares has noted significant outflows from institutional products this past week, signaling some institutions have been realizing profits amid BTC’s recent pull-back. Go to Source Powered by WPeMatico
