Wells Fargo files for Bitcoin fund
Wells Fargo is offering its wealthy clients indirect exposure to Bitcoin through a new fund issued in partnership with NYDIG and FS Investments.
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Wells Fargo Files to Launch a Bitcoin Fund
A few months after dabbling with the idea of getting on the cryptocurrency bandwagon, Wells Fargo has filed documents with the US Securities and Exchange Commission to launch a designated…
Crypto-friendly CFTC commissioner Brian Quintenz reportedly plans to step down
Quintenz's 5-year term at the agency was originally scheduled to end in April 2020, but he has twice extended his departure.
Former SEC Chair Jay Clayton joins Fireblocks advisory board
In his new role, Clayton will aid Fireblocks in navigating the regulatory hurdles for developing and deploying digital asset infrastructure, especially around capital markets.
Crypto language in the infrastructure bill is a political shell game, says Cointelegraph GC
According to Zachary Kelman, Republicans and moderate Democrats may know the tax reporting requirements for crypto firms are impossible, but want to have a provision to fund some of the…
Cryptocurrencies Are Here To Stay, Says Columbia University’s Investment Arm CEO
Columbia Investment Management Company’s (IMC) co. president and CEO Kim Lew sees crypto as more than just a fad, saying that the industry is “clearly here to stay.” What Role…
US lawmakers urge CFTC and SEC to form joint working group on digital assets
The letter seems to be applying political pressure for the two government agencies to act on their own rather than waiting for a bill requiring the creation of such a…
Cryptocurrencies Increase In Popularity Among LGBTQ and Black Americans
The use of cryptocurrencies as means of payment that circumvent the traditional financial system is proving increasingly popular among minority groups in the United States. According to data from Harris…
US Government Offers $10 Million in Crypto to Hackers to Track Cybercriminals
The US State Department (DOS) is trying to halt cybercrime in the country with a new initiative for the Rewards for Justice (RFJ) program. Consequently, it will offer up to…
Treasury to the rescue? Officials to clarify crypto tax reporting rules in infrastructure bill: report
Speaking on condition of anonymity, an official has reportedly told Bloomberg that the Treasury Department is planning to clarify the definition of “broker” in the recently passed infrastructure bill.