# BitGo receives trust license from New York regulators

# BitGo receives trust license from New York regulators

“# BitGo receives trust license from New York regulators ” Major American digital asset custody and security company BitGo has acquired a New York Trust license from the New York State Department of Financial Services. According to an announcement, the new charter enables BitGo to provide custodial services for institutional clients in New York seeking…

Read More
# Bitcoin needs clear regulations to be less volatile, Bridgewater analyst says

# Bitcoin needs clear regulations to be less volatile, Bridgewater analyst says

“# Bitcoin needs clear regulations to be less volatile, Bridgewater analyst says ” A senior analyst at asset management firm Bridgewater believes that regulation could potentially make Bitcoin (BTC) a good asset for institutional investors. Bridgewater director of investment research Rebecca Patterson claimed that regulatory certainty around Bitcoin would solve some of the cryptocurrency’s biggest…

Read More
# New York AG accuses Coinseed of defrauding investors

# New York AG accuses Coinseed of defrauding investors

“# New York AG accuses Coinseed of defrauding investors ” New York State Attorney General Letitia James has sued crypto investment platform Coinseed Inc for allegedly defrauding thousands of investors out of more than $1 million.  According to the Attorney General, Coinseed and its CEO Delgerdalai Davaasambu and former CFO Sukhbat Lkhagvadorj, traded unlawfully, defrauding…

Read More
# Bitcoin selling at 36% premium in Nigeria

# Bitcoin selling at 36% premium in Nigeria

“# Bitcoin selling at 36% premium in Nigeria ” It’s been roughly 11 days since the Central Bank of Nigeria banned all regulated financial institutions from providing services to cryptocurrency exchanges in the country. At the risk of stiff penalties, all banks and institutions were directed to close crypto-related firms’ accounts immediately.  In the wake…

Read More
# Settlement not in the cards in SEC vs. Ripple case

# Settlement not in the cards in SEC vs. Ripple case

“# Settlement not in the cards in SEC vs. Ripple case ” The changing of the guard at the United States Securities and Exchange Commission seems to have affected any possible pretrial settlement in the SEC’s case against Ripple. This conclusion was part of a joint discovery letter filed on Monday before Judge Analisa Torres…

Read More