Grayscale purchases large amounts of LINK, FIL, and BAT, amassing $55.1 billion in crypto AUM
According to a tweet posted on Nov. 1 by Grayscale Investments, the largest crypto asset management company affiliated with billionaire Barry Silbert and his Digital Currency Group conglomerate, the company now manages $55.1 billion in Bitcoin, Ethereum, and other crypto assets. Grayscale recently purchased large quantities of three popular altcoins—LINK, BAT, and Fil—for its trusts […]
Ripple-powered USD settlement service for corporate clients is now available from Saudi British Bank
The Saudi British Bank has stated that it would use Ripple’s technology to enable immediate USD settlements to its business clients. This is the third corridor that has been opened thanks to Ripple’s assistance. The San Francisco-based firm also assisted Saudi British Bank in the establishment of remittance corridors to India and Sri Lanka in […]
Peepl, a crypto-friendly food delivery service, raises £700,000 to challenge Uber Eats’ dominance
Peepl, a British food delivery service that promotes local, carbon-neutral business practices, has announced the successful conclusion of a funding round. Surprisingly, the mayor of Liverpool City Region endorsed it. According to the Peepl team’s official release, the company raised £700,000 in its most recent investment round. Steve Rotheram, the mayor of Liverpool City Region, […]
Argentina to consider a proposal to regulate bitcoin futures in Latin America
Matba Rofex, Argentina’s largest futures market, has filed a petition with the National Securities Commission to introduce regulated Bitcoin futures and options in pesos (CNV). Matba Rofex is Argentina ‘s most important futures and options market. They presently feature a BTC MtR index calculated every minute in Argentinian Pesos (ARS). They’ve also shown an interest […]
SEC Postpones Decision Deadline for Valkyrie Bitcoin ETF to 2022
The Securities and Exchange Commission (SEC) has pushed out the decision date for the planned Valkyrie Bitcoin Fund to January 7, 2022. The SEC stated in a statement that it “finds it appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has […]