#investments

The Australian Securities and Investments Commission (ASIC) filed a lawsuit against Binance Australia Derivatives for failing to provide adequate consumer protections to over 500 clients.

Bitwise has launched new ETPs, aiming to provide investors with diversified tools for managing cryptocurrency exposure. This strategy enhances portfolio flexibility, offering a chance to benefit from the digital asset market’s growth without direct cryptocurrency investments.

A Chinese government official with significant cryptocurrency investments was recruited by foreign spies and sold state secrets to cover his crypto-related losses. Wang Moumou received over 1 million yuan for his activities but was ultimately sentenced to life imprisonment for espionage.

The Hong Kong government has announced expanded tax breaks for cryptocurrency investments and a simplified licensing process for crypto platforms.

Grayscale Investments has filed with the U.S. Securities and Exchange Commission (SEC) to convert its Grayscale Digital Large Cap Fund (GDLC) into a traditional ETF.

During the annual SoftBank Group Corp. forum, Masayoshi Son spoke about the potential for personal AI agents in the next 2-3 years. These AI agents will monitor their users' health, handle routine tasks like shopping and booking services, babysit children, and even manage family investments efficiently.

As part of her economic platform focused on "innovation and regulation," U.S. Democratic presidential candidate Kamala Harris pledged to support and encourage investments in cryptocurrencies and artificial intelligence if elected.

The Czech Republic is gearing up to attract significant European cryptocurrency investments. Recent reforms aimed at fostering blockchain and crypto development could turn the country into a leading digital destination.

Grayscale Investments aims to enter the Solana-ETF market by filing for SEC approval to convert its Solana Trust into a spot ETF.

The Australian Securities and Investments Commission (ASIC) is set to significantly tighten regulations on the cryptocurrency market. Under a newly proposed framework, most companies working with digital assets will be required to obtain a financial services license.

Charles Schwab, a financial giant managing $7 trillion in assets, plans to offer clients direct cryptocurrency investment options.

Cartwright, a large pension advisor in the UK, announced allocating 3% of its assets to Bitcoin. This is a first-of-its-kind Bitcoin investment move by pension specialists in the country.

The State of Florida holds around $800 million in crypto-related investments. Jimmy Patronis, Florida’s Chief Financial Officer, said in a recent interview with CNBC that crypto represents a big opportunity for the state’s investment portfolio and pension funds.

According to a filing on the U.S. Securities and Exchange Commission (SEC) website, Microsoft will bring the topic of corporate investments in Bitcoin to its next shareholders’ meeting on December 10.

From September 23 to 29, cryptocurrency startups and projects raised $236 million in investments. Which sectors are driving the success of these crypto startups, and where did venture capitalists invest a quarter of a billion dollars?