Wells Fargo reports exposure to Grayscale and ProShares Bitcoin ETFs
The bank reported holding $143,111 worth of shares of the ProShares Bitcoin Strategy ETF, Grayscale Bitcoin Trust and Bitcoin Depot. Go to Source
business
Auto Added by WPeMatico
Fortune favors something — Eminem takes Crypto.com mantle from Matt Damon
Slim Shady was the latest celebrity to advertise “fortune favors the brave” for Crypto.com following Matt Damon’s ad spot in October 2021. Go to Source
Bitwise launches crypto ETF media campaign with ‘The Most Interesting Man in the World’
The ad spot came as the U.S. SEC is looking at multiple spot crypto exchange-traded fund applications from asset managers. Go to Source
Binance, crypto firms optimistic about UAE amid potential US regulatory shift
Ghaf Capital managing partner Feras Al Sadek argued that the UAE’s “regulation by education” sets it apart from other jurisdictions. Go to Source
Coinbase introduces spot crypto trading for institutional investors outside US
Institutional clients on the Coinbase International Exchange will be able to trade Bitcoin and Ether against USD Coin starting on Dec. 14. Go to Source
Dubai regulator grants crypto license to Bahrain’s CoinMENA
The permit allows CoinMENA to provide retail and institutional customers in the United Arab Emirates with the ability to deposit and withdraw in UAE dirhams. Go to Source
Animoca Brands to focus on creator economy, interoperability in 2024
CEO Robbie Yung said that while Animoca does not employ a specific allocation strategy nor an investment target, it will continue supporting new Web3 businesses and its portfolio companies. Go to Source
Binance says decision to pull Abu Dhabi licensing bid unrelated to US settlement
Former Binance CEO Changpeng Zhao, who pleaded guilty to one felony count in the United States in November, may not be able to return to the UAE before being sentenced. Go to Source
US crypto firms spent more on lobbying in 2023 than before FTX collapse: Report
Government transparency group Open Secrets reported U.S. crypto firms spent roughly $19 million on lobbying from January to September 2023. Go to Source
Binance VIP traders got sneak peak of US settlement: Report
At an exclusive dinner in Singapore, certain Binance executives reportedly told traders about the pending settlement with U.S. officials, allowing the exchange to stay in business. Go to Source