US SEC deems spot Bitcoin ETFs filings as inadequate: Report
In the eyes of the SEC, the recent filings from BlackRock, ARK Invest, Fidelity and other asset managers are not “sufficiently clear and comprehensive.” Go to Source Powered by WPeMatico
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Prime Trust subsidiary Banq files for bankruptcy amid BitGo acquisition deal
Prime Trust payment subsidiary Banq files for bankruptcy, citing “unauthorized’ asset transfers to Fortress Group. Go to Source Powered by WPeMatico
Coinbase legal chief sends letter to SEC on RIA rulemaking
Coinbase’s chief legal officer requests revisions to SEC’s RIA custody rule to safeguard all asset classes, including cryptocurrencies, criticizing the rule for unfairly targeting crypto. Go to Source Powered by WPeMatico
Deloitte on a crypto hiring spree, reveals LinkedIn job postings
Deloitte highlights its commitment to Web3 and crypto through its intent to hire cryptocurrency experts to join its team, with over 300 positions posted on LinkedIn. Go to Source Powered by WPeMatico
German dwpbank to offer Bitcoin trading to 1,200 affiliate banks on new platform
Securities processor Deutsche WertpapierService Bank (dwpbank) will provide its affiliates seamless integration with their current offerings, with more digital assets to come. Go to Source Powered by WPeMatico
Coinbase announces acquisition of One River Digital Asset Management
As part of the acquisition, Coinbase said One River Digital’s team would join the exchange and CEO Eric Peters would stay to lead the firm under the name Coinbase Asset Management. Go to Source Powered by WPeMatico
Celsius’ co-founder Daniel Leon follows Mashinsky out as crypto exec flight continues
Leon is at least the eighth crypto sector executive who has resigned in recent months; Celsius CEO Alex Mashinsky resigned a week ago. Go to Source Powered by WPeMatico
Stone Ridge board approved plan for ‘liquidation and dissolution’ of its Bitcoin fund
“Effective after the close of business on October 3, 2022, the Fund’s shares will generally no longer be available for purchase,” said a Stone Ridge filing with the SEC. Go to Source Powered by WPeMatico
SBF and the Mooch tie the knot as FTX Ventures takes 30% stake of SkyBridge Capital
Scaramucci calls Bankman-Fried part of the “small universe of outside investors SkyBridge would ever consider partnering with,” promises SkyBridge’s investment strategy will not change. Go to Source Powered by WPeMatico
VTB sealed the first deal with digital financial assets in Russia
VTB Factoring acquires a tokenized debt pool of industrial companies via the Lighthouse blockchain. Go to Source Powered by WPeMatico
