Valkyrie Digital Assets Files for Bitcoin ETF

Valkyrie Digital Assets filed an application on Friday for a bitcoin exchange-traded fund (ETF), becoming the second company to do so in a month. According to Dallas-registered Valkyrie Digital Assets, the Valkyrie Bitcoin Trust would be listed on the New York Stock Exchange and Coinbase Custody Trust Company, LLC would serve as the custodian for […]

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Money Reimagined: Letter to President Biden

Welcome to this week’s Money Reimagined, coming to you two days into a new U.S. presidency.  Already, with various executive orders and a host of cabinet and agency nominee names emerging, President Joe Biden has fostered the palpable sense of a slate being cleaned.  As for what it means for crypto, the turnover in the […]

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Digital Asset Manager Komainu to Provide Custody of Crypto Seized by UK Police

Cryptocurrency seized by U.K. police during investigations will now be securely stored by digital asset manager Komainu. Under a new framework service agreement with the Derbyshire Constabulary on behalf of the National Police Chiefs Council (NPCC) Cybercrime Programme, Komainu will be responsible for providing a more “robust” means to store cryptocurrencies seized during investigations across […]

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SEC Calls Out Suspicious Crypto Companies Targeting Global Traders

The U.S. government’s top investments watchdog flagged a series of unregistered cryptocurrency companies for apparently duping mostly international investors with false corporate information. Of the 28 suspect investment firms the U.S. Securities and Exchange Commission (SEC) called out Thursday, CoinDesk found eight that appear to target would-be cryptocurrency investors. Some purport to be trusted newcomer […]

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Japan Rallies Behind XRP as Ripple Faces US Litigation

“I’m not selling,” Makoto, a Japanese entrepreneur and XRP investor, told CoinDesk. Makoto first bought the digital token XRP in 2017, a year after its issuer, San Francisco-based Ripple Labs, launched a joint venture with one of Japan’s most respected financial services institutions, SBI Holdings Inc.  Soon after, the popularity of XRP soared in Japan.  […]

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