Celsius Floats Possibility of Debt Token to Repay Creditors; Secures Court Approval to Process Customer Withdrawals

The defunct crypto lender Celsius is exploring the possibility of creating a debt token to repay creditors. The plan would need to be approved by regulators, but if approved by the trustee and financial authorities, the debt token would be called an “asset share token (AST).” Celsius Proposes ‘Asset Share Token’ as Plan to Repay […]

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Grayscale Investments’ Bitcoin Cash Trust Approved for Public Trading

Grayscale Investments' Bitcoin Cash Trust Approved for Public TradingGrayscale Investments’ Bitcoin Cash Trust and Litecoin Trust have been approved by the U.S. Financial Industry Regulatory Authority (FINRA) for public quotations. The two add to Grayscale’s four existing publicly traded investment products: Bitcoin Trust, Ethereum Trust, Ethereum Classic Trust, and the Digital Large Cap Fund. Grayscale’ Publicly Traded Offerings Grayscale Investments announced Monday that […]

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Korea Investigates 20 Public Companies for Using Crypto Claims to Boost Share Prices

Korea Investigates 20 Public Companies for Using Crypto Claims to Boost Share PricesThe South Korean financial authorities are investigating 20 publicly listed companies for unfairly using cryptocurrency claims to boost their share prices. Crypto-related companies do not always follow through with their plans after seeing their share prices surge. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Investigating 20 Companies The South Korean Financial Supervisory […]

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