Category: Institutional

Proposed Miami-Dade crypto task force would explore whether to accept crypto for county payments

Residents of Miami-Dade County in the U.S. state of Florida may one day be able to pay their taxes in the form of cryptocurrency. A memorandum made public on Thursday indicates that Miami-Dade County commissioner Danielle Cohen Higgins has proposed the creation of the Miami-Dade Cryptocurrency Task Force, which, among other objectives, would seek to […]

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The legal future of NFTs: A conversation with lawyer Mercedes Turnstall

Quick Take While non-fungible tokens (NFTs) have become popular in the crypto space and are being experimented with by mainstream brands and digital artists, the hype around them is starting to show signs of a slowdown. The legal repercussions of these digital collectibles remain open to debate, particularly when it comes to their regulation and […]

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The Coinbase direct listing: What you should expect, according to Nasdaq’s IPO impresario

Crypto exchange Coinbase’s long-in-the-making, history-making stock market debut is finally here. The exchange’s stock is set to begin trading under the ticker COIN in one of the most hotly anticipated market launches in not just the fast-growing crypto market, but for the technology and financial services sectors as well. Uniquely, the crypto-exchange operator is going […]

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NFT Investments raises £35m through London listing

A recently formed investment vehicle specializing in non-fungible token (NFT) investments has raised £35 million before expenses through a listing on the Aquis Stock Exchange Growth Market in London. NFT Investments, which had initially targeted a raise of £10 million, claims the larger sum of money sets a record for the largest amount raised on […]

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Charles Schwab seeks futures/forex compliance director to help shape crypto procedures

Charles Schwab is seeking a compliance director for its futures and forex team, and the job post for the role offers clues to the financial services firm’s crypto ambitions. The Block reported last month that Charles Schwab is currently exploring the launch of crypto brokerage, with sources saying at the time that the firm is […]

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Coinbase becomes latest member of group aimed at supporting DeFi projects

Coinbase has joined the Defi Alliance, an organization that supports decentralized finance (DeFi) startups, the crypto exchange company announced Thursday.  The association was founded almost exactly a year ago by a group of Chicago-based crypto organizations: Volt Capital, Jump Capital, CMT Trading and DRW Trading. According to an earlier blog post, the alliance aims to […]

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An executive at Bridgewater, the world’s largest hedge fund, unpacks bitcoin’s role in the macro picture

Bridgewater, the world’s largest hedge fund, isn’t convinced by the bitcoin narrative yet, but it’s listening. On this week’s episode of The Scoop, Bridgewater’s director of portfolio strategy Jim Haskel said he’s not surprised by the growing institutional interest. Bridgewater founder Ray Dalio previously said he didn’t see bitcoin’s merits as a currency, but he […]

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Bitcoin investment firm NYDIG raises another $100 million

NYDIG, the New York-based crypto investment firm, has secured another $100 million just one month after announcing a $200 million fundraise. The additional cash comes from strategic partners, including insurance firms Starr Insurance, Liberty Mutual Insurance and other property and casualty-focused insurers. They join life insurance and annuity-focused firms New York Life and MassMutual as […]

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Crypto trading firm GSR hires ex-Winton Group exec

Digital asset trading firm GSR has hired Andrew Moss, former co-COO of the London-based hedge fund Winton Group, as managing director of a new business unit.  Moss will lead the newly-formed GSR Capital, which will develop investment vehicles for institutional investors. He joins a company with considerable institutional pedigree, comprised of finance veterans from Goldman […]

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