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Ripple's Effect on Financial Advisors
6.4.2023
Ripple has spent over $100 million fighting the SEC. Financial advisors should pay attention to Ripple’s trial, as it could have significant consequences to how we define securities
How Advisors Can Prepare for Ethereum’s Unlock
30.3.2023
Ethereum’s Shanghai upgrade will unlock ether that has been staked since the Merge, potentially leading to selling pressure that market participants could ride out or take advantage of
Price, Not Intrinsic Value, Is the True Measure of Bitcoin’s Success
9.3.2023
Many financial advisors cite lack of intrinsic value as a case against bitcoin. But demand and global adoption, evidenced by bitcoin's steadily increasing price, are what they should be paying attention to
FTX Bankruptcy: Counsel and Advisers Rack Up $38M in January Bills – Here's the Latest
7.3.2023
The ongoing FTX bankruptcy saga has resulted in a staggering cost of legal fees, as revealed by recent court filings. In January alone, the total bill for legal work and expenses reached $38 million....
Read More: FTX Bankruptcy: Counsel and Advisers Rack Up $38M in January Bills – Here's the Latest
FTX Bankruptcy Special Counsel and Advisers Bill $38M for January
7.3.2023
FTX’s bankruptcy proceeding has teams of lawyers, investment bankers, consultants, and financial advisers working on the case
SEC not allowed to punish Voyager advisers over bankruptcy token, says US judge
7.3.2023
The SEC claims the transactions involved with redistributing the funds to impacted Voyager account holders will trigger U.S. securities laws
Advisors: Learn Crypto, or Your Clients Will
2.3.2023
The disconnect between financial advisors and their clients around crypto has become increasingly apparent, given that 37% of advisors personally invested in crypto compared to 83% of their clients that have, according to one 2023 survey
Weekly Challenge: The Digital Asset Power Hour
1.3.2023
Financial professionals stand to benefit greatly from blocking off just one hour per week to learn about a digital asset, such as one of 500 included in CoinDesk's Digital Asset Classification Standard
SEC proposes tougher rules as part of its crypto custody crackdown
16.2.2023
The new proposals set forth by the Gensler-led SEC seek to “expand the scope” of rules set out by the 2009 Custody Rules
SEC Proposal Could Bar Investment Advisers From Keeping Assets at Crypto Firms
15.2.2023
The U.S. Securities and Exchange Commission (SEC) is set to propose a rule that would effectively require registered investment advisers to go outside the crypto industry for storing digital assets, according to its first formal policy push that leans heavily into the cryptocurrency sector
SEC to up scrutiny of firms offering or giving advice about crypto
8.2.2023
Registered crypto brokers and advisors may need to be on edge when giving advice this year, after a recent warning from the SEC
Millionaires flock to crypto: 82% sought investment advice in 2022
31.1.2023
A recent study from deVere Group found a majority of their clients had asked their financial advisers about adding crypto to their portfolios
US securities regulator probes Wall Street over crypto custody: Report
27.1.2023
The regulator has been probing registered investment advisors over how they've been offering crypto custody to their clients, according to sources
Celsius Network hires advisers ahead of potential bankruptcy: Report
24.6.2022
Restructuring, bankruptcy, buyouts... media outlets are swarming with different reports on the next steps Celsius may take
Survey of financial advisers and Grayscale comments suggest strong support for spot crypto ETF
11.4.2022
“The vast majority of advisors we surveyed either plan to begin allocating to crypto or increase their existing allocation to crypto,” said Nasdaq's Jake Rapaport
SEC Chairman Gary Gensler Adds Crypto Adviser to Executive Staff
31.12.2021
The U.S. Securities and Exchange Commission (SEC) has added a number of advisers to Chairman Gary Gensler’s executive staff. Among them is Corey Frayer, who advises Gensler on “SEC policymaking and interagency work relating to the oversight of crypto assets.” SEC Has...
Investment Advisers Prohibited From Crypto Activities in India, Regulator Warns
23.10.2021
The Securities and Exchange Board of India (SEBI) has issued a warning that registered investment advisers are not allowed to engage in unregistered activities. This warning includes crypto activities since crypto is currently an unregulated industry in India. SEBI Warns Registered Investment...
Dogecoin Foundation Is Back With Elon Musk’s Adviser and Ethereum’s Vitalik Buterin
19.8.2021
The Dogecoin Foundation has been reestablished with “a renewed focus” to accelerate the development of Dogecoin. Among the foundation’s advisers are Ethereum co-founder Vitalik Buterin and Jared Birchall, the manager of Tesla CEO Elon Musk’s family office. Dogecoin...
Financial Advisor Survey: 26% Plan to Recommend Cryptocurrencies Over Next 12 Months
1.7.2021
A recent survey of financial advisors and their investing strategies shows “a significant shift to embracing cryptocurrencies.” More than 26% indicated that they plan to increase their recommendation of cryptocurrencies over the next 12 months. Furthermore, 49% of advisers said that...
British Financial Advisers Don't Like Crypto & Meme Stocks + More News
16.6.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Investments news
Over 90% of 200 surveyed independent financial advisers (IFAs) in Britain would never recommend cryptocurrencies...