Getty Images Cryptocurrencies have fallen in value from record highs late last year, but the crypto market is still worth more than Facebook. Some 17,000-plus digital coins are actively traded, with more than 400 exchanges on which to trade them. A crypto-focused exchange-traded fund (ETF) is in the works. And some 13% of Americans have … Read more
Getty Images If you’re not investing in cryptocurrencies yet but you’re curious about the digital coin space, welcome to the crypto-curious club. Gemini, one of the biggest crypto brokers, estimates that 63% of Americans are crypto-curious — a cohort that’s more than four times the size of actual crypto investors. A variety of reasons could … Read more
Text size Dreamstime Just about the entire cryptocurrency ecosystem has gotten washed out in the past week, as news of government crackdowns and other negative headlines have dominated the discussion. Not every corner has been plunging, however. One of the generally positive things about the decline in cryptocurrency values ​​is that different assets are reacting … Read more
Retail investors are returning to the cryptocurrency market, helping to drive prices higher even as traders face uncertainty over proposed tax regulations in Washington. Cryptocurrencies such as bitcoin, ether, dogecoin and other altcoins have rebounded in recent weeks from their mid-year declines, returning to levels not seen in months. On Friday, bitcoin traded at $47,544, … Read more
Gamification tactics and investment advice from social media influencers and chat rooms are just a couple of the disruptive technologies and behaviors that are capturing the attention of regulators in 2021 and forcing them to take a closer look — and react. For the Financial Industry Regulatory Authority (FINRA) and the Securities and Exchange Commission … Read more
United States: December Fund Finance Market Update December 14, 2021 Cadwalader, Wickersham & Taft LLP To print this article, all you need is to be registered or login on Mondaq.com. The active underlying deal environment coming led with the December 31st LIBOR transition deadline combined to make November the busiest month in the history of … Read more
Photo: ozan kose/Agence France-Presse/Getty Images The cryptocurrency lobby plans to spend tens of millions of dollars this year helping its largest holders convert their holdings into actual money. They are looking for a way to spin their crypto straw into gold. Lawmakers and regulators should ignore the hype. Urging America to “lead in innovation,â€� crypto … Read more
United States: ESMA Guidelines On Marketing Communications For Funds Will Start To Apply February 02, 2022 Proskauer Rose LLP To print this article, all you need is to be registered or login on Mondaq.com. On 2 February 2022, the new ESMA guidelines on marketing communications under the Regulation on cross-border distribution of funds (EU) 2019/1156) … Read more
WASHINGTON—Complaints from the booming cryptocurrency industry that Washington has gone too far in cracking down on its unregulated products are being tested in a landmark lawsuit targeting Ripple Labs Inc. and its digital coin, XRP . The lawsuit, which the Securities and Exchange Commission filed in the final days of the Trump administration, faces several … Read more
CAMBRIDGE, Mass. (Project Syndicate)—Many countries’ governments, most notably China’s, are continuing to experiment with central bank digital currencies (CBDCs). Money 3.0 is moving full speed ahead, and with its recent white paper, titled “The US Dollar in the Age of Digital Transformation,â€� the Federal Reserve, a conspicuous laggard, has finally started to weigh in, if … Read more