“401ks exist to help people save for a secure retirement, not gamble on speculative assets,” said an industry observer. What to know: Bitcoin’s 50% plunge from its October peak has done more than just erase $2 trillion in market value — it has reignited a fierce debate over the fiduciary […]
Braden John Karony had been convicted last year on several federal charges, and he’s ordered to pay back $7.5 million in restitution. What to know: Former SafeMoon CEO Braden John Karony will face an 8-year prison sentence after being convicted last year on a string of federal charges tied to defrauding investors […]
The companies plan to expand global access to tokenized gold and allow the buying of bullion with Tether’s stablecoins. What to know: Tether, issuer of the world’s most popular stablecoin, has acquired a $150 million minority stake in Gold.com (GOLD), deepening its push into the gold market just as the […]
Beyond Bitcoin: How advisors use indices to broaden crypto exposure. What to know: You’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that unpacks digital assets for financial advisors. Subscribe here to get it every Thursday. In today’s newsletter, Glenn Williams Jr from ProShares writes about growing investment in cryptocurrencies outside of bitcoin. Then, Wojciech Kaszycki from BTCS […]
“I think crypto starts to become invisibly more part of everyone’s lives,” said Tom Lee — the two appeared on a panel together Tuesday morning at the Ondo Summit in New York. What to know: New York — Bitcoin may be locked in a difficult market now, but long-term investors […]
At the Ondo Summit in New York, top asset managers said tokenization has moved beyond theory but warned that trust, education, and real-world utility are now the biggest hurdles. What to know: New York —The next evolution of asset management will be “wallet-native,” not just digital, according to Franklin Templeton’s […]
These crypto products receive the same German tax treatment as directly held bitcoin. What to know: ING Deutschland, Germany’s largest retail bank, now lets customers buy crypto products tracking bitcoin, ether, and solana right from their bank-linked securities accounts. These products are real crypto-backed exchange-traded products issued by heavyweights like […]
In partnership with Standard Chartered’s Zodia Custody, Dubai Insurance is the first insurer globally to issue a crypto wallet for its policy holders to transact with digital assets. What to know: Dubai Insurance became the first in its sector on a global scale to roll out a cryptocurrency wallet for […]
A year after issuing an open letter to the incoming Trump administration, crypto law experts reflect on their regulatory advice. About a year ago, we published an open letter outlining practical, achievable steps an incoming administration could take to make the United States the crypto capital of the world, reflecting the views […]
Russian lawmakers plan crypto regulations by midyear, permitting trading for qualified and retail investors while banning anonymous coins and domestic payments. What to know: The head of Russia’s lower house of the country’s parliament on Thursday said crypto market regulations will be ready by June of this year and come […]