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Novogratz’s Galaxy Digital Jumps Into the Bitcoin ETF Fray
13.4.2021
The investment company Galaxy Digital Holdings has revealed it is joining the growing list of firms looking to sponsor a bitcoin exchange-traded fund (ETF). Novogratz’s crypto firm applied with the U.S. Securities Exchange Commission (SEC) on Monday to launch a product called...
Soros Fund, New York Life, Morgan Stanley Among Investors of $200 Million in Bitcoin Investment Firm
9.3.2021
Soros Fund Management, New York Life, and Morgan Stanley have joined Stone Ridge Holdings, Massmutual, FS Investments, and Bessemer Venture Partners to invest in bitcoin-focused investment company NYDIG. They will collaborate on a range of bitcoin-related strategic initiatives, and expect to launch...
Investment Firm Launches the First ‘Crypto Hedge Fund’ in Spain- Plans to Expand Across Europe, Latin America
27.2.2021
In Spain, an investment company has begun to promote what they called the “first crypto hedge fund.” The product has been registered in Malta by Avenue Investment Crypto, headed by a crypto advocate, Martin Huete. Investments Allocated Mainly in Bitcoin and Ethereum According...
Blockchain Firm Asks Nevada State for Permission to Build a Crypto ‘Smart City’ in Storey County
17.2.2021
A crypto “smart city” could become a reality in Nevada’s desert, as a blockchain firm applied to make it possible. The investment company asked the state of Nevada to form a local government in Storey County. Crypto City Aims to Host 33 Million Square Feet of Commercial Space...
Korean crypto investment company launches $100 million fund for blockchain projects
23.12.2020
South Korea’s Hashed has established a new fund to finance emerging blockchain startups
The SEC Votes to Modernize Regulatory Framework for Derivatives Use
30.10.2020
The US Securities and Exchange Commission (SEC) will enhance the regulatory framework for derivatives use by registered investment companies after passing a vote to either change or amend existing rules. As part of the new framework–which covers mutual funds, exchange-traded funds (ETFs),...
Mastermind of Alleged Billion Dollar Spanish Pyramid Scheme Arrested, Faces 16 Year Prison Sentence
23.10.2020
The CEO of Arbistar the Spanish investment company, Santiago Fuentes, has been arrested and arraigned on charges of fraud, belonging to a criminal organization and money laundering. Fuentes, who has been in hiding since September, was arrested at one of his properties in the south of Tenerife....
Leaked Data Outs Bitcoin Investment Company as Scam: Founders Deny the Allegations
22.9.2020
A South African group calling itself “Anonymous ZA” has published fresh information that seemingly supports long-standing allegations that Mirror Trading International (MTI), an ostensible bitcoin investment company, is running a multi-level marketing scam. The new information, which...
South African Regulator Pressures Bitcoin Investment Company, Urges Clients to Request Refunds
19.8.2020
An embattled bitcoin investment company, Mirror Trading International (MTI)’s troubles took another twist August 18 after the South African regulator, Financial Sector Conduct Authority (FSCA) said that it is investigating the investment company. MTI’s latest conflict with the regulator...
South African Bitcoin Investment Company Faces Fresh Scam Allegations
4.8.2020
FX Choice, a forex and crypto trading company, is making new allegations that South African bitcoin investment company, Mirror Trading International (MTI) is a multi-level marketing scam. The company says it uncovered this after researching into MTI, a firm that claims to have “118,027...
South African Bitcoin Investment Company Pushes Back Against Texas Scam Allegations
16.7.2020
Mirror Trading International (MTI), a South African bitcoin investment company at the center of a cease and desist order issued by the Texas State Securities Board (TSSB), is pushing back allegations that it is running a Ponzi scheme or a scam. MTI CEO Johann Steynberg issued a statement assuaging...
South African Crypto Investment Company Issued Cease And Desist Order In Texas
9.7.2020
The Texas State Securities Board (TSSB) issued a cease and desist order Wednesday against on Mirror Trading International (MTI), Forexandbitcoin.com and four individuals involved in a multi-level marketing scam. Out of the four individuals, Cornelius Johannes Steynberg is a resident of South...
Investment Firm Arcane Crypto to Go Public via $33 Million Reverse Merger
3.7.2020
Arcane Crypto, a Norway-based investment company, said Thursday that it is planning to go public through a reverse takeover by Vertical Ventures, a publicly traded Swedish firm. Vertical Ventures will buy Arcane Crypto for $33 million by issuing over 6.6 billion new shares. Each share cost $0.005...
Wilshire Phoenix Files Publicly-Traded Bitcoin Trust to Challenge Grayscale’s $3.4 Billion Dominance
15.6.2020
Wilshire Phoenix has filed to launch a publicly-traded trust called Bitcoin Commodity Trust (BCT) – putting the firm in direct competition with Grayscale Investments’ $3.4 billion bitcoin trust (GBTC). According to the June 12 filing with the U.S. Securities and Exchange Commission...
Germany’s Bitcoin Group Welcomes Licensing for Crypto Custodians, Expects Competition From Banks
13.3.2020
Bitcoin Group SE, a prominent member of the European crypto industry, has been preparing to apply for permission to conduct crypto custody activities in its home country, Germany. The providers of such services in the Federal Republic are now recognized as financial institutions. Bitcoin Group...
Blockchain Firm Secures $5 Million From Investment Company Cosimo
4.10.2019
Oneiro, a blockchain solution company, secures $5 million investment from Cosimo Ventures
Iraq in Discussions with Chinese State-Owned Investment Company for Project Financing
24.9.2019
Over the course of the past decade and a half, Iraq has been ravaged by war and terrorism. The unrest in the country has led to a rapidly declining economy and in turn, a total collapse of the infrastructure in the country. The country has pretty much collapsed amidst the turmoil, and it needs...