Nomura’s Laser Digital Starts ‘Bitcoin Adoption Fund’ for Institutional Investors
The Bitcoin Adoption Fund will provide long-only exposure and will be the first in a range of such digital asset investment products offered by Laser Digital
Financial
Crypto Firms, Banks Asked to Discuss UK Debanking, Regulator Says
While crypto firms have struggled to access banking services in the country, a wide-ranging FCA report on debanking follows allegations from broadcaster Nigel Farage that his bank account was shuttered due to his political views.
The SBF Trial: How Did We Get Here?
Sam Bankman-Fried is two weeks away from trial. His next hope is a sympathetic jury.
JPEX Drama Shows Need for Crypto Regime, Hong Kong Leader Says
The territory’s leader urged investors to use licensed platforms and promised more education about crypto risks.
Citigroup Unveils Token Services for Institutional Clients
In a pilot, Citi used smart contracts to serve the same purpose as bank guarantees and letters of credit working with shipping company Maersk and a canal authority.
Binance Staked Ether Experiences $573M in Inflows This Month
Two days of inflows fueled a more than fourfold increase in Binance staked ether’s total value locked.
UK Crime Bill Lets Cops Freeze Crypto Faster, Channels Tainted Assets to Public Funding
The Economic Crime and Corporate Transparency Bill set to become law later this year removes some legislative hurdles that slow local cops from freezing crypto linked to crime, CoinDesk was told.
Sino Global, Coinbase and Libra Alums Start $60 Million Web3 Fund
Oak Grove Ventures will focus on early-stage investments in Web3, artificial intelligence and biotechnology.
FTX Bankruptcy Estate Sues Sam Bankman-Fried’s Parents, Joseph and Barbara, to Claw Back ‘Misappropriated Funds’
The filing, redacted in parts, asks the court to award the FTX estate damages, the return of any property given or payment made to the parents.
‘I Just Want to Keep Things Moving’: Judge Makes No Ruling in SEC-Binance Document Dispute
Judge Zia Faruqui did not make any rulings on the SEC’s discovery requests or Binance.US’s opposition.