Regulators looking into Decentralized Finance (DeFi)

After a boom in decentralized financial applications (DeFi) regulators are increasingly looking into the young subsector of the crypto industry. The US Commodity Futures Trading Commission (CFTC) chief has talked about DeFi in a critical manner and mentioned that some apps might be illegal. Commissioner Dan M. Berkovitz of the US CFTC made comments on […]

US Banks considering Bitcoin services

According to crypto custodian and Stone Ridge subsidiary NYDIG, hundreds of U.S. banks will soon allow trading and holding of Bitcoin. After a long period of reluctance, established financial services providers are also opening up to the new asset class. New York Digital Investment Group (NYDIG) is a subsidiary of Stone Ridge, a $10 billion […]

Crypto Highlights April

A monthly review of what’s happening in the crypto markets enriched with institutional research on the most important topics in the industry in cooperation with the Swiss digital asset specialist, 21Shares AG. The market-driving news of the month of April was Coinbase’s pivotal direct listing which saw the company initially go public at more than a $100B […]

Coinbase IPO could lead to re-valuation of exchange tokens

Binance is the world’s largest cryptocurrency exchange with daily volumes averaging $20B+. Its competitors include Coinbase and Kraken, though Binance is by far the market leader for spot and derivative activity. BNB is their exchange token and has gained some attention recently. There are various ways to buy cryptoassets, an ETP is an option amongst […]