UK Investors Report £36m Binance Crypto Scam
Fraudsters conned UK investors out of £36m of Binance’s cryptocurrency last year, according to figures released by the City of London Police. The figure represents more...
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Fintech Files: State Street is all in on tokenization – here’s why
When it comes to US custodian banks, they don’t get much bigger than State Street. So when the Boston-based giant says it’s going “super gung-ho” on...
State Street goes ‘super gung-ho’ on tokenization, but crypto ‘not on the cards’
State Street’s digital asset arm has “no plans” to trade crypto anytime soon, but is instead focusing the vast majority of its efforts on bringing existing...
Wall Street traders sense opportunity in crypto volatility
Wall Street is preparing for the next round of crypto volatility with tried and tested tactics, according to brokers and analysts. Influence is building again among...
Invesco sees ‘crypto sheep’ after crash wipes out demand for digital assets: ‘We want to see people come back’
Invesco, the $1.4 billion US asset manager that launched one of Europe’s first bitcoin products, predicts a “crypto spring” will spur professional investors back into digital...
Former watchdog executive sues Binance, Kraken for £10bn in UK’s first crypto competition claim
The former chairman of the Competition and Markets Authority has sued four crypto firms including Binance for almost £10bn over alleged collusion to delist a major...
Crypto crash? It’s “just a blip”, says BTCS CEO Charles Allen
The crypto winter is upon us, hammering both institutional and private investors. In a Barron’s Live webinar on July 21, Financial news spoke with Charles Allen,...
CME launches euro-denominated crypto futures
Derivatbørs CME is expanding its future crypto offerings through new euro-denominated crypto derivatives. The new products, which are expected to go live on August 29, will...
The Fintech Files: Moelis Bites on Blockchain, UK Crypto Cops Get Some Teeth
Ken Moelis, the billionaire former president of UBS, is no stranger to the turbulent world of crypto. He has a personal investment in Paxos, a blockchain...
Hundreds of crypto companies fail in FCA’s money laundering test
Only 13% of crypto firms that have applied for authorization under the Financial Conduct Authority’s money laundering rules in the last two years have been successful....