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JPMorgan: Crypto Is a Nonexistent Asset Class for Most Large Institutional Investors

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A strategist at global investment bank JPMorgan says crypto is effectively nonexistent as an asset class for most large institutional investors. “The volatility is too high, the lack of an intrinsic return that you can point to makes it very challenging,”…

SEGUNDO, DOJ Investigate FTX — Regulators Suspect Crypto Exchange Mishandles Customer Funds

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Los Estados Unidos. Comisión Nacional del Mercado de Valores (SEGUNDO) and the Department of Justice (DOJ) are reportedly investigating cryptocurrency exchange FTX. The crypto firm is suspected of mishandling customer funds and breaking securities laws. Regulatory probes are among the key reasons why Binance…

Kim Kardashian and Floyd Mayweather Win Tentative Court Ruling in Ethereummax Lawsuit: Reporte

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Reality TV star Kim Kardashian and boxing legend Floyd Mayweather Jr. reportedly won a tentative court ruling in a class-action lawsuit involving the Ethereummax token. Investors have accused the celebrities of hyping Ethereummax and pumping the EMAX crypto token. Judge’s Tentative…

Fidelity: 74% of Institutional Investors Surveyed Plan to Invest in Digital Assets

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A new study by Fidelity Digital Assets, a subsidiary of financial giant Fidelity Investments, shows that 58% of institutional investors surveyed invested in digital assets in the first half of this year and 74% plan to invest in the future. Fidelity’s…

JPMorgan Hires Former Executive of Bankrupt Crypto Firm as Head of Digital Assets Regulatory Policy

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JPMorgan Chase & Co. has hired bankrupt crypto lender Celsius Network’s former head of policy and regulatory affairs as its new head of digital assets regulatory policy. The move followed JPMorgan CEO Jamie Dimon telling U.S. Congress that crypto tokens, like…

El estratega del banco más grande del sudeste asiático, DBS, dice que Bitcoin es único independientemente del precio

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An investment strategist at Southeast Asia’s largest bank, DBS, says bitcoin is unique whether the price changes or not. “If we just look purely on a price basis, you will see a lot of volatility and that doesn’t inform you a…

Elon Musk describe nuevas razones para finalizar el acuerdo de Twitter citando a un denunciante

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Tesla CEO Elon Musk has outlined new reasons to terminate the $44 billion deal to buy Twitter in a new filing with the U.S. Comisión Nacional del Mercado de Valores (SEGUNDO). Citing a whistleblower report, Almizcle’s lawyer said the allegations, known to the…

Tasa de propiedad de criptomonedas de Sudáfrica en 10% - Reporte

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With a cryptocurrency ownership rate of 10%, or four million people, South Africa “ranks 18th out of 26 countries for crypto adoption,” the latest Finder’s report has said. The report also noted that South Africa’s proportion of crypto owners holding bitcoin,…

legisladores filipinos, Banco Central, La SEC discute la regulación de las criptomonedas en una audiencia en el Senado

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The central bank and the Securities and Exchange Commission (SEGUNDO) of the Philippines discussed crypto regulation in a Senate hearing with the participation of several executives from the crypto industry, including from crypto exchange Binance. Philippine Regulators Discuss Crypto Policies Philippine…

Tribunal de EE. UU. condena al fundador de 'My Big Coin' en $6 Millones de esquemas fraudulentos de criptomonedas

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A federal jury has convicted the founder of “My Big Coin” in a fraudulent scheme that swindled $6 million from cryptocurrency investors. The defendant made several false claims, including that the coins were backed by gold and that the company had…