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US Bank Launches Cryptocurrency Custody Services Amid Strong Demand From Institutional Clients

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US Bank has launched its cryptocurrency custody services. “Investor interest in cryptocurrency and demand from our fund services clients have grown strongly over the last few years,” the bank said. Banco de EE. UU.’s Crypto Custody Services Now Live U.S. Bank announced Tuesday…

US Court Sentences Cryptocurrency Hedge Fund Founder to 7.5 Years in Prison

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The founder of two cryptocurrency hedge funds in New York, Stefan Qin, has been sentenced to 7.5 years in prison and three years of supervised release. He is also ordered to forfeit about $55 millón. The Department of Justice (DOJ) dijo…

Paypal Completes Rollout of Crypto Offering in UK: First International Expansion Outside US

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Paypal has completed the first international expansion of its cryptocurrency offering outside of the U.S. Paypal Crypto is now available to customers in the U.K. allowing them to buy, hold, and sell four kinds of cryptocurrencies. Paypal Crypto Now Available to…

Bridgewater’s Ray Dalio Warns Regulators Will Kill Bitcoin If the Crypto Becomes ‘Really Successful’

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Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, believes that if bitcoin is “really successful,” the regulators will “kill it,” reiterating his previous concerns of governments banning cryptocurrencies. Sin embargo, he sees bitcoin as a good alternative to…

El fiscal general de Nueva York cierra la plataforma de negociación de criptomonedas Coinseed que engañó a los inversores con millones

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New York Attorney General Letitia James has secured a court order to shut down cryptocurrency exchange Coinseed. The order also “permanently appoints the court receiver to obtain, salvaguardia, and return all assets invested and traded through” the exchange. New York Attorney…