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Crypto for Advisors: ETH Staking in 2024

In today's issue of Crypto for Advisors, we share what advisors need to know about how ETH staking works and what’s coming.
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Crypto Trader Turns $1K Into $100K on Solana’s Newest Memecoin, Dogwifhat

Like it or not, dog tokens are driving big business in the crypto markets.
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Rulematch, a Swiss Crypto Exchange for Banks, Goes Live With Spain’s BBVA

The institutional crypto platform uses Nasdaq’s trading tech, and comes out the gates with seven banks and securities firms.
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CFTC Pushes FTX-Inspired Rule to Protect Customers’ Money

Commissioners took a step toward requiring derivatives clearing organizations, a key type of middleman in the industry, to keep their customers' money segregated from their own funds.
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First Mover Americas: Revised BlackRock Bitcoin ETF Filing Invites Participation From U.S. Banks

The latest price moves in crypto markets in context for Dec. 13, 2023.
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Sam Altman’s Retina-Scanning Orb to Become More Useful with World ID 2.0

Shopify, Minecraft, and Reddit will begin using World ID to identify certain kinds of users.
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HTX, Poloniex Assets are ‘100% Safe’ Says Justin Sun After $200M Hack

Both exchanges lost a combined total of more than $200 million in a series of hacks last month.
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SEC Hasn’t Met Legal Requirements to Sue, Binance Says in Latest Bid to Dismiss Lawsuit

Binance responded to an SEC filing, arguing that the regulator's arguments weren't applicable to the actual conduct it was analyzing.
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BlackRock’s Bitcoin ETF Now Invites Participation From Wall Street Banks

A change to the structure of proposed spot bitcoin ETFs would enable authorized participants (APs) to create new shares in the fund with cash, rather than only with cryptocurrency,...
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FCA Slow to Take Crypto Enforcement Action, UK’s Public Spending Watchdog Says

Even when the financial regulator has the power to act, years can go by before it takes enforcement action, the U.K.'s National Audit Office said.
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