Fidelity and Goldman Sachs File for US Bitcoin ETF

Fidelity Investments and Goldman Sachs have filed applications to list a Bitcoin ETF with the U.S. Securities and Exchange Commission (SEC). These would be the first Bitcoin ETFs in the United States. In what is a major step forward for the crypto market, both Fidelity Investments and Goldman Sachs have filed for Bitcoin exchange-traded funds (ETF) with the U.S. SEC. Goldman […]

Uniswap announces protocol upgrade (V3)

The long-awaited official announcement on the launch of Uniswap version 3 has finally arrived. However, it dashed hopes for vast improvements in transaction costs and speeds. What’s new and why were some user disappointed? Following a teaser posted on March 23, the team behind the world’s most popular decentralized exchange, Uniswap, has finally released details on the specifications of version […]

Morgan Stanley offers access to Bitcoin funds

Morgan Stanley becomes the first major U.S. bank to offer its wealthy clients access to Bitcoin funds. The Bitcoin rally over the past year has seemingly put pressure on Wall Street to consider diversification into the emerging asset class. In an internal memo on Wednesday, the investment bank told its financial advisors about this development. […]

Bitcoin Suisse withdraws FINMA application for Banking License

Since the summer of 2019, crypto company Bitcoin Suisse has been waiting for its Swiss banking license. However, the Swiss Financial Market Supervisory Authority (FINMA) has classified the application as not approvable as things stand today. The company has now withdrawn their application. As early as July 2019, Crypto Valley veteran Bitcoin Suisse submitted an application to […]

Does Wall Street Need More Decentralization?

The GameStop (GME) debacle garnered a lot of attention. Some people consider the problem to be centralized systems. According to these critics, the shortcomings of today’s financial system could possibly be solved by decentralized Blockchain alternatives. Robinhood’s trading app came under fire after trading restrictions were imposed on its users. As more brokers followed suit, […]