# Two MAS-regulated Bitcoin funds launch in Singapore

# Two MAS-regulated Bitcoin funds launch in Singapore

“# Two MAS-regulated Bitcoin funds launch in Singapore ” Singapore-based fund manager Fintonia Group has launched two institutional-grade Bitcoin (BTC) funds approved by the Monetary Authority of Singapore (MAS). The new funds, the Fintonia Bitcoin Physical Fund and the Fintonia Secured Yield Fund, are intended to provide simple and secure exposure to Bitcoin for professional…

Read More
# Finnish regulators tighten the screw on virtual currency marketing

# Finnish regulators tighten the screw on virtual currency marketing

“# Finnish regulators tighten the screw on virtual currency marketing ” Hot on the heels of the rising cryptocurrency hype, Finnish regulators have dropped a formal notice. On Nov. 24th, the Financial Supervisory Authority (FIN-FSA) stated: “Only registered virtual currency providers can market virtual currencies and related services in Finland. The marketing of virtual currencies…

Read More
# Morgan Stanley increased exposure to Bitcoin, held 0M in Grayscale shares

# Morgan Stanley increased exposure to Bitcoin, held $300M in Grayscale shares

“# Morgan Stanley increased exposure to Bitcoin, held $300M in Grayscale shares ” Investment funds from major U.S. investment bank Morgan Stanley have increased their exposure to Bitcoin through purchases of shares of Grayscale Bitcoin Trust. According to filings from the United States Securities and Exchange Commission on Tuesday, the Morgan Stanley Insight Fund increased…

Read More
# Institutional managers bought the dip as crypto funds see 4M in weekly inflows

# Institutional managers bought the dip as crypto funds see $154M in weekly inflows

“# Institutional managers bought the dip as crypto funds see $154M in weekly inflows ” Institutional investors were unfazed by the recent correction in the cryptocurrency markets, as digital asset funds dedicated to Bitcoin (BTC) and Ether (ETH) continued to grow, according to data from CoinShares.  Crypto investment products, which include exchange-traded funds (ETFs), saw…

Read More
# Crypto startup MoonPay raises 5M to hit .4B valuation

# Crypto startup MoonPay raises $555M to hit $3.4B valuation

“# Crypto startup MoonPay raises $555M to hit $3.4B valuation ” Cryptocurrency fintech startup MoonPay has closed its first-ever venture capital round, reaching $3.4 billion in post-money valuation. The firm officially announced Monday that it closed a $555 million Series A funding round led by prominent industry investors like American investment firm Tiger Global and…

Read More
# Shiba Inu team issues scam alert to SHIB investors

# Shiba Inu team issues scam alert to SHIB investors

“# Shiba Inu team issues scam alert to SHIB investors ” The team behind meme cryptocurrency Shiba Inu (SHIB) has issued a public warning against ongoing online scams that primarily target altcoin investors interested in SHIB tokens.  The proactive scam alert came in the form of a tweet detailing the various methods used to dupe…

Read More