CryptoNews

SEC Proposes Letting Advisers and Funds Self-Custody Crypto Assets

Investors could gain access to a wider range of crypto strategies under an SEC proposal. The plan would update longstanding safekeeping requirements for investment advisers and regulated funds under federal securities laws. Key Takeaways Self-custody would require an unavailable permitted custodian. State trust companies could hold customer crypto subject to safeguards. A 60-day comment period…
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CryptoNews

Saylor Says Strategy, Strive Can Win Share of $318.5T With Bitcoin

Bitcoin finance is competing for allocations within global equity and debt markets totaling $318.5 trillion, according to Michael Saylor. He argues that responsible rivals can strengthen shared demand, improve funding conditions, and attract more investors. Key Takeaways Saylor places bitcoin finance within a $318.5 trillion market backdrop. Asset gains, cheaper funding, and equity valuations…
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CryptoNews

UK Orders Crypto Fraudsters to Repay £851,402 to Scam Victims

Victims of a £1.5 million crypto investment fraud are closer to recovering some of their losses after a UK court ordered two convicted men to pay £851,402.27. The Financial Conduct Authority plans to return funds collected through the orders. Key Takeaways A court ordered Raymondip Bedi and Patrick Mavanga to pay £851,402.27. At least 65 investors lost £1,541,799 to the fake investment…
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CryptoNews

Banker Turned on Clients, Routing $932K to Coinbase for $1K+

A former Georgia banker faces federal charges after allegedly helping steal about $931,500 from customers and route the funds to Coinbase accounts. Prosecutors say she received more than $1,000 for her role. Key Takeaways Six customers’ account details were allegedly used…
CryptoNews

Analyst Sees 75% Chance Crypto Cycle Has Turned as Bitcoin Pulls Back

Bitcoin’s rebound has raised the prospect that the broader crypto market has passed its bear-market low. A Sept. 28 analyst report puts the probability of a cycle turn at 75%, while acknowledging that earlier recoveries have failed. Key Takeaways The previous three bitcoin bear markets fell about 82% on average. Bitcoin’s June low came after a shorter, shallower decline than past bear…
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