Australian Regulator Warns Against Investing Retirement Funds in ‘High Risk’ Crypto-Assets

An Australian regulator has warned residents seeking to self-manage their retirement funds to be wary of investing in crypto-asset investments that promise high returns in a short space of time. The regulator reiterates in the warning that crypto-assets are a high-risk and speculative investment. Scammer Tactics The Australian financial services regulator, the Australian Securities and … Read more

Discount on Grayscale’s GBTC Plunges to New Record Low as Competition From Emerging Rivals Intensifies

The premium on Grayscale Investment’s GBTC, which turned negative for the first time on February 23, is continuing its downward slide. As the latest Glassnode data shows, the GBTC was trading at a record low discount of -11.92% on March 4, 2021. According to the same data, this new low is a significant reversal from … Read more

Tennessee Lawmakers Aim to Obstruct Retirement Funds from Cryptos

Last Tuesday Tennessee bureaucrats pushed forth a bill through the Tennessee Senate Ways and Means Committee that aims to obstruct government retirement funds from investing in digital assets like bitcoin. The bill has passed by a 10-0 vote and will move forward to the legislative chamber. Also read: Thailand Dodges Extreme Cryptocurrency Regulations Two Bills Aim … Read more

Retirement Custodian Bitira Offers Insured Multi-Cryptocurrency IRAs

The cryptocurrency retirement account firm Bitira has announced the launch of two new features added to its business model, which includes fully-insured cold storage accounts and a variety of new cryptocurrencies such as bitcoin cash, ethereum, and more. Also Read: Japan’s SBI Holdings Claims 40% Stake in Hardware Wallet Company Digital Asset Retirement Funds Bitira is … Read more