Grayscale Investment outlined 39 crypto assets classified as Assets under Consideration it plans to include in its future investment products.  The investment firm also updated its existing family of products alongside outlining the new 39 crypto assets it is considering for inclusion.  Both selections were made based on Grayscale’s Crypto Sectors framework. The Framework was…

Standard Chartered Bank announced the approval of the Licence and the ability to open a new entity in Luxembourg, to act as its European Union (EU) regulatory entry point for the provision of crypto and digital asset custody services to EU clients.  The approval follows the implementation of the Markets in Crypto Assets Regulations (MiCA)…

Bad actors in the crypto space defrauded New York residents of $2.2 million using text messages promoting fake remote jobs alerts.  The development was made public by a Jan 9 press release by the Office of the New York State Attorney General.  New York Attorney General Letitia James filed a lawsuit to recover the looted…

Outgoing Securities and Exchange Commission Chief Gary Gensler doubled down on his anti-crypto stance stating that the crypto industry is rife with bad actors and runs mostly on sentiments.  Gensler made these remarks in an interview with Bloomberg where he was quizzed on his time at the SEC with his tenure coming to an end…

Key stakeholders in the crypto industry are currently lobbying President-Elect Donald Trump to issue an executive order establishing a strategic Bitcoin reserve within his first 100 days in office.  The stakeholders intensified their lobbying efforts following Donald Trump’s Pro crypto campaign and public comments on the possibility of a Bitcoin reserve in various interviews.  According…

XRP Investors cashed in $1.6 billion in profit-taking as frustration over the crypto assets price stagnation grows.  XRP which flipped Tether USDT late last year has spent six weeks on a price lag forcing investors to take profit.  In 24 hours, nearly 695 million XRP tokens were sold signaling frustration amongst XRP holders.  Price stagnation…