Man Group To launch Crypto Hedge Fund
London-based investment manager Man Group Plc is preparing to launch a cryptocurrency hedge fund and digital assets. According to a November 18 Bloomberg article, Man Group is getting ready to introduce its cryptocurrency-focused hedge fund through its computer-driven trading subsidiary AHL. Bloomberg stated that the new hedge fund might be prepared by the end of […]
Russian Bill Would Legalize Crypto Mining
The bill provides a legal definition of mining and mining pools and would create a domestic cryptocurrency market in Russia. On November 17, a bill to allow cryptocurrency mining and the selling of the cryptocurrency mined was submitted to the State Duma, the lower house of the Russian parliament. Russia presently prohibits the usage of […]
Twitter Staff Resign While Users Eye Decentralized Options
Twitter employees are not the only ones ditching the platform as users flock to a decentralized alternative. Since taking control of the microblogging service in late October, Elon Musk has been shaking the tree on Twitter. His most recent action caused office closures and a staff exodus. Musk gave Twitter employees an ultimatum earlier this […]
FTX Crash Prompts FINRA Into Probing Crypto Comms
FINRA is currently probing firms on their crypto-related retail communication and examining their crypto services. The American self-regulatory authority, the Financial Industry Regulatory Authority (FINRA), has started looking into the firm’s retail communications regarding the crypto goods and services it provides. The regulatory agency said in an official notice that it will be conducting a […]
Bank Of Spain Issues Crypto License To Bitstamp
Bitstamp became the 46th crypto business to obtain a permit to offer virtual currency exchange services for fiat currency in the country. Spanish authorities have granted Bitstamp a license to do cryptocurrency business there. It signifies acceptance in yet another European country for an exchange, which since its establishment in 2011 has concentrated on the […]