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Vanguard, a major player in the investment management industry with over $7 trillion in assets, has taken a surprising stance by blocking customer access to Spot Bitcoin Exchange-Traded Funds (ETFs), according to multiple…
The United States Commodity Futures Trading Commission (CFTC) has turned its attention to how companies handle customer assets. The recent CFTC proposal seeks to enhance the rules for futures commission merchants (FCMs) and…
Introduction A group of shareholders of the Grayscale Bitcoin Trust (GBTC) have banded together in the first-of-its-kind activist campaign organized through X (formerly Twitter). Their goal: bringing legal action against Grayscale in an…
Louis Vuitton joins a group of luxury brands stepping their foot into the world of non-fungible tokens. The iconic French luxury label, Louis Vuitton, is set to introduce a unique series of non-fungible…
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Binance admitted that it keeps collateral for its BNB Smart Chain and BNB Beacon Chain versions of 94 crypto assets in the same wallet as customer funds amid uncertainty around its recent audit….
Crypto companies were put on notice on Monday when New York regulators issued a new warning about how to properly handle their customers’ digital assets. In an open letter addressed to the industry,…
In a statement released Thursday, FTX Japan confirmed plans to begin returning customer assets by February next year. Customers looking to withdraw their lost funds will have to open accounts with Liquid Japan….
The US Bankruptcy Court in New York ruled on August 4 that Voyager had provided a “sufficient basis” to support its claim that customers should get access to some of their funds. A…