Formed in 2013, Pantera’s bitcoin fund was the first U.S.-based bitcoin fund.
In a wide-ranging speech, Xi said that the G20 group “needs to discuss developing standards and principles for central bank digital currencies.”
If implemented the declaration would require crypto firms in South Africa to register as a financial services provider.
Coinbase is now measuring new capital coming in for bitcoin in the billions, according to the firm’s head of institutional coverage.
Call it the CPR for Operation Choke Point.
Cred’s bankruptcy filing mainly blames fraud by an outside party. The full picture painted by former employees is more complex, and highlights the risks of the budding crypto lending market.
The transparency measure is meant to provide additional certainty for decentralized finance (DeFi) traders who often rely on asset-backed stablecoins.
In a research report by JPMorgan’s global markets team, analysts noted that Grayscale Bitcoin Trust’s flow trajectory outperformed gold exchange traded funds.
In October, the lender published a cryptic letter saying that it has experienced “irregularities” in the handling of “specific” corporate funds by a “perpetrator of fraudulent activity.”
Following bitcoin purchases by MicroStrategy and Square, Miller said every major investment bank and high net worth firm will eventually have exposure to bitcoin or commodities like gold.