George Soros’ investment fund is reportedly trading Bitcoin
In addition to trading crypto, Soros Fund Management is said to be in discussion to acquire blockchain-focused firms. Go to Source Powered by WPeMatico
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FINRA orders Robinhood to pay $70M due in part to ‘significant harm’ platform caused users
Regulators said the trading app should pay restitution to users like the 20-year-old who committed suicide after an erroneous negative balance appeared in his account. Go to Source Powered by WPeMatico
Investment app Betterment looking into long-term crypto offering, says CEO
Sarah Levy referred to the company considering “a long-term buy and hold the asset as a smaller portion of a portfolio, rather than as sort of a trading opportunity short term.” Go to Source Powered by WPeMatico
Russia’s central bank to study crypto investment risks
The Bank of Russia is collecting data from 15 credit firms and payment systems like Visa and Mastercard. Go to Source Powered by WPeMatico
Bitcoin volatility still a concern for CEO of BNY Mellon subsidiary
Francesca Fornasari believes that Bitcoin may not be suitable for most institutional investors. Go to Source Powered by WPeMatico
Indians Hold $40 Billion in Cryptocurrency, Report Suggests
Crypto investments in India have been gaining significant traction over the past year, blockchain data indicates. Despite the ambiguous regulatory situation in the country, more than 15 million Indians have bought or sold digital currencies. Indian Crypto Investments Increase Amid Regulatory Uncertainty A growing number of Indians have put money into cryptocurrencies in the past … Read more
Tom Brady and Gisele Bündchen take equity stake in FTX crypto exchange
Both Tom Brady and Gisele Bündchen will take equity stakes in FTX Trading and receive crypto as part of an endorsement deal with the crypto exchange. Go to Source Powered by WPeMatico
TP ICAP to launch Bitcoin exchange with Fidelity, Standard Chartered
Now pursuant to approval from the United Kingdom’s financial regulator, TP ICAP’s crypto platform will initially offer Bitcoin trading. Go to Source Powered by WPeMatico
Colombian capital supports blockchain and emerging tech with $2.3M fund
Blockchain development is one of four major programs in Bogotá’s new tech innovation fund. Go to Source Powered by WPeMatico
Rangers Protocol plans testnet launch for mid-July
“It is time to show the world what we are made of,” said Rangers Protocol co-founder Mary Ma. Go to Source Powered by WPeMatico