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U.S. Regulations to Consider When Managing a Cryptocurrency Fund

Perficient

However, in this blog, we will discuss the regulatory landscape surrounding cryptocurrency from an asset manager or fund manager perspective. New York’s BitLicense requirement therefore applies to investment managers who issue digital coins or otherwise act as an exchange platform regardless of where the buyers are located.

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What happened to the bitcoin bubble?

Chris Skinner

I was interviewed by UBS’s wealth management team a month ago, when the bitcoin bubble was in full bloom. That is the contention of Chris Skinner, Chairman of The Financial Services Club, author of thefinanser.com blog and one of Financial News’ ‘FinTech 40’ most influential people in financial technology.

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Bitcoin Daily: Lender Vauld Nets $2 Million To Expand To Full Crypto Bank; SEC Freezes Assets Of Virgil Capital In Alleged Fraud In Crypto Trading Fund; Japan's SBI Holdings Claims Ripple's XRP Is Crypto, Not A Security

PYMNTS

The funding round was led by Pantera Capital and included Coinbase Ventures and LuneX Ventures. We see institutional capital come into the crypto space with the expectation of banking integrations to complement crypto credit offerings,” CEO Darshan Bathija said in a statement, according to CoinDesk. “We In other news, the U.S.

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VCs Back Bitcoin For B2B Payments, AI For Enterprise Analytics

PYMNTS

It was a mixed bag of funding, with a few startups working in more traditional B2B technology, including expense management and SaaS. The others, however, are working with more cutting-edge tech, including bitcoin and artificial intelligence (AI), and just so happened to see the largest funding rounds of the week.

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Bitcoin Daily: Square Stocks Drop After Citron’s Bitcoin Critique, Oscar Meyer Launches Bacon Crypto

PYMNTS

Square ’s stock fell almost 4 percent on Monday (April 30), after a short seller tweeted that the company’s bitcoin efforts might be overhyped, CNBC reported. “SQ-Cash And Warren Buffett doesn’t see bitcoin as an investment, CoinDesk reported. SQ-Cash to BTC trading has been insignificant,” Citron Research tweeted.

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Here Are The Blockchain Networks Most Popular With Capital Markets Players

CB Insights

As blockchain tech gains commercial traction, a growing number of companies want to use it to reimagine the capital markets infrastructure that powers the trade of stocks, bonds, and other securities. The chart above shows the core blockchain tech being used by projects and corporates working on DLT applications for capital markets.

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Bitcoin Daily: Security Matters Seeks Blockchain Cannabis Tracker Patent; PwC Starts Taking Crypto Payments

PYMNTS

Australian supply chain-focused blockchain technology company Security Matters has filed a patent application in the U.S. towards the marking, tracking and managing of the supply chain of cannabis plants, cannabis products and products containing cannabis-based ingredients.