Grayscale’s Crypto AUM Soar Again Past $41 Billion
New York-based crypto-fund manager, Grayscale today revealed Assets Under Management (AUM) for its cryptocurrency-related products is now $41.4 billion.
Abdelaziz Fathi
Senior Reporter, Brokers and Prop Firms
Abdelaziz Fathi covers the intersection of forex/CFD brokerage, regulation, liquidity, fintech, and digital assets. With a B.A. in Finance and hands-on industry exposure, Aziz blends analytical rigor with clear storytelling to make complex market structure understandable for traders, brokers, and fintech professionals.
August 2021
FINRA Sounds Alarm over Email Phishing Scam
Fake emails purporting to be from the FINRA, Wall Street’s powerful self-regulator, have been sent to potential market participants, according to a FINRA statement.
Crypto Payment Provider BitPay Adds Google Pay Support
Crypto payment service provider Bitpay today announced that its prepaid Mastercard is now compatible with Google Pay wallets.
Ripple’s Array of S.Korean Partners Expands as GME Remittance Joins RippleNet
Ripple is looking to expand its presence in the APAC region, forming a new partnership with Global Money Express Co.
VanEck files for a Bitcoin Strategy ETF, this time under 1940 Act
US asset manager, VanEck is trying again with the US Securities and Exchange Commission (SEC) for a regulated bitcoin exchange-traded fund.
SEC hands out $6 million to two whistleblowers
The US Securities and Exchange Commission (SEC) announced two tipster awards totaling approximately $6 million.
FX volumes boom at Exness, hit new record at $975 billion
Multi-regulated FX broker Exness said that total monthly trading volumes were in excess of $900 billion last month on the company’s trading platforms.
Invesco tries a third time for regulated Bitcoin ETF
Georgia-based asset management firm, Invesco is trying again with the US Securities and Exchange Commission (SEC) for a regulated bitcoin exchange-traded fund.
July 2021
OKCoin secures authorization in Malta and the Netherlands, expands US business to Puerto Rico
Cryptocurrency exchange OKCoin has secured two new approvals to operate in Malta and the Netherlands, as well as a money transmitter license in Puerto Rico.
Also filing this week: Rick Steves and Karthik Subramanian.