According to the 760-page proposal, the SEC will allow for self-custody by advisers seeking to hold their clients’ funds. The agency is using the term “self-custody” as an asset management firm practice, not how …
Proposal
Bitcoin treasury Strategy has blasted Morgan Stanley Capital International’s proposal to exclude it from its Global Investable Market Indexes, calling it “misguided” and “flawed.” Writing in a letter to MSCI Monday, the Nasdaq-listed Bitcoin …
- Crypto Education
Banking Industry Says Clarity Act Stablecoin Proposal Would Enable ‘Evasion’
by adminby adminIn brief Top banking groups say the new Clarity Act language leaves loopholes regarding stablecoin yield. The compromise would ban direct yield on stablecoins but still allow some rewards tied to account balances. The …
- NFT & Metaverse
Vancouver Moves to Close Bitcoin Reserve Proposal After Legal Review
by adminby adminIn brief City staff have concluded the Vancouver Charter does not allow Bitcoin in city reserves. The motion followed a late 2024 decree by Mayor Ken Sim to study crypto use. Municipal finance rules …
The US Commodity Futures Trading Commission has withdrawn a Biden administration-era proposal that would have banned sports and political prediction markets, some of the most popular event contracts today. The recently confirmed CFTC chair, …
Bitcoin DeFi pitched in $46 million proposal ask by Cardano team
Input Output, the private engineering company that built and continues to develop the Cardano blockchain, is seeking about half the funding it requested last year from the project’s community treasury. The company submitted nine …