G20 To Establish Standards For Global Crypto Regulatory Framework
It was announced on February 25 by the group of the 20 largest economies in the world, known collectively as the G20, that the Financial Stability Board (FSB), the International…
Galaxy Digital Invests $44 Million Into Institutional Cryptocurrency
In order to access its exclusive asset storage and management capabilities, Galaxy Digital has put $44 million into an institutional bitcoin custody platform. The purchase of GK8, a company that…
Siemens Issues World’s First Blockchain Bond
Siemens, a German multinational firm that is a leader in the fields of engineering and technology, is one of the first companies in Germany to issue a digital bond on…
Bakkt to Shift Focus to B2B Technology Solutions
Bakkt, a marketplace for digital assets, has made the announcement that it intends to move its primary focus to B2B technology solutions. The firm has announced that it would be…
Digital Asset Protection Firm Coincover Secures $30 Million in Funding Round
The digital asset security business Coincover, which has its headquarters in London, raised a total of $30 million in funding in a round that was headed by Foundation Capital and…
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SEC Probes Investment Advisers Offering Crypto Custody Without Proper Qualification
The United States Securities and Exchange Commission (SEC) has begun an investigation into traditional financial advisors on Wall Street to determine whether or not these advisors grant custody of digital…
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Kevin Rose, co-founder of Moonbirds, falls victim to phishing attack
Kevin Rose, who is also the co-founder of the nonfungible token (NFT) collection Moonbirds, has been a victim of a phishing scam, which has resulted in the loss of nonfungible…
The White House is continuing to develop its National Digital Assets Research and Development
The National Digital Assets Research and Development Agenda is still being worked on by the administration of United States Vice President Joe Biden, who is still in office. The White…
(Rejected) Citi Ventures Makes First Crypto Investment in Hong Kong-Based Digital Asset Manager
Xalts, a Hong Kong-based digital-asset management firm, has raised US$6 million in a capital financing round co-led by Citi Ventures and a California-based venture-capital firm Accel. While this is the…
SocGen Introduces Digital Asset Service for Firms to Develop Crypto Funds
Societe Generale Securities Services (SGSS), the third-largest French bank by market cap, announced on Wednesday a new digital asset service designed for asset management firms wishing to develop innovative professional…