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Grayscale’s Crypto ‘Digital Large Cap Fund’ Gets Regulatory Approval

Scoring yet another ‘golden boot’ for the global crypto team, Grayscale Investments brings home the first ever publicly-quoted security which derives its value from cryptocurrencies.Indeed, the firm is living up to its reputation as the world’s largest digital asset manager. You will recall that the firm already has three Trusts

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We’re Close to Bitcoin ETF Approval, Says Optimistic Bitwise Executive

Ahead of the SEC’s Bitcoin ETF deadline, Bitwise’s director is optimistic for a positive ruling. According to him, the market has grown significantly, making it stable enough to allay the SEC’s fears.The United States Securities and Exchange Commission (SEC) has been in an unofficial fight with the cryptocurrency sector in

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German Gov’t Speaks Against Approval of Facebook’s Libra in Europe

The government of Germany has spoken against the authorization of the development of Facebook’s forthcoming Libra stablecoin in the European Union.As German weekly news magazine Spiegel reported on Sept. 13, the Christian Democratic Union (CDU) parliamentarian Thomas Heilmann — who is responsible for the blockchain policy of the CDU

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Galaxy Digital Gains Approval to Underwrite Public Securities Offerings

Michael Novogratz’s cryptocurrency investment bank Galaxy Digital has gained approval from the Financial Industry Regulatory Authority (FINRA) to underwrite registered public offerings of securities.As reported by Bloomberg on Sept. 6, the company has its sights on facilitating security token offerings, or STOs.FINRA is a non-governmental private organization that acts

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