Friday, April 26, 2024
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Tax service Betterment to pay $9m amid US SEC charges

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Betterment LLC has accepted the $9 million penalty U.S. Securities and Exchange Commission issued for misstatements, poor record-keeping, and disclosure practices.  Betterment LLC is a cash management and robo-advising establishment holding over $34 billion in assets in management

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Robo-Adviser Betterment Launches Cryptocurrency Offering

Over 730,000 retail customers can now invest in four curated portfolios of crypto assets covering everything from broad market themes to decentralized finance (DeFi) tokens, with metaverse plays and sustainability in between. They’re constructed for ease of access, Jesse Proudman, vice-president of crypto investing at Betterment, told CryptoX. Source

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Robo-Advisor Betterment Partners With Crypto Exchange Gemini to Offer Customized Crypto Portfolios

The partnership will allow Betterment's 730,000 customers to access customized crypto investment plans based on their risk profiles and interests, starting next month. The curated crypto portfolios will be constructed from digital assets listed on Gemini, with the exchange serving as the custodian for the cryptocurrencies. Source

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