The Daily: Crypto Vault in Hong Kong, ‘Herd of Institutional Investors’ in Crypto

The Daily: Crypto Vault in Hong Kong, ‘Herd of Institutional Investors’ in CryptoA Hong Kong-based investment firm is planning to launch a new crypto-custody service to address the growing interest from institutional clients, and we’ve covered the story in today’s Bitcoin in Brief. Also in The Daily, billionaire Mike Novogratz expects an influx of institutional investors into the crypto space; a new survey claims 30 percent of […]

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New Jersey Sends Cease & Desist to Crypto-Investment Pool

New Jersey Sends Cease & Desist to Crypto-Investment PoolThe state of New Jersey’s Bureau of Securities and the Attorney General has issued a cease and desist order to a digital currency investment fund called ‘Bitstrade’ this week. According to the state’s Attorney General’s office, the cryptocurrency-focused firm was “fraudulently” managing and selling securities. Also read: U.S. Lawmaker Wants Ethics Committee to Form Bitcoin Disclosure […]

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