Crypto investment products experience outflows for 9th consecutive week
Meanwhile, the altcoin price crash triggered inflows for XRP, Cardano and Polygon. Go to Source Powered by WPeMatico
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SEC and Binance.US strike a temporary agreement on asset access
Proposed measures include restricting Binance Holdings officials’ access to private keys and disclosing business expenses. Go to Source Powered by WPeMatico
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
Crypto fund outflows reach $417M over 8 weeks as investor caution persists
According to CoinShares, digital asset investment product outflows amounted to $88 million last week. Go to Source Powered by WPeMatico
Taurus deploys on Polygon blockchain for asset tokenization and custody
Taurus raised $65 million in a funding round three months ago. Its clients can now issue digital securities automatically. Go to Source Powered by WPeMatico
Nigerian crypto company suspends withdrawals after BTC and naira compromise
Efforts are underway to recover compromised assets and enhance security measures as users express concerns on social media. Go to Source Powered by WPeMatico
WEF publishes crypto asset regulation recommendations for government, industry
The World Economic Forum analyzed regulatory approaches to urge cooperation between international organizations, regulators and the crypto industry. Go to Source Powered by WPeMatico
Norway could go its own way on crypto asset regulation, central bank suggests
International regulation may be too slow and may represent interests that are not in line with Norway’s, Norges Bank suggests in an annual report. Go to Source Powered by WPeMatico
ZA Bank plans digital asset retail trading in Hong Kong under new guidelines
The bank announced its plans, part of its diversification strategy, the day after Hong Kong released its new guidelines. Go to Source Powered by WPeMatico
Prometheum subsidiary receives FINRA approval for digital asset qualified custody
The approval marks the first time a digital asset custody provider has come under federal regulation as the SEC tightens custody rules. Go to Source Powered by WPeMatico
