finra

Grayscale Investments Receives FINRA Regulatory Approval

Grayscale Investments has received regulatory approval to publicly quote shares of its diversified crypto fund. Even though a cryptocurrency exchange-traded fund (ETF) still has to assemble regulatory approval, Grayscale Investments manage to get a green light from FINRA in order to list, what it calls – the first publicly-traded digital currency index fund. After they’ve...
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Diversified Crypto Fund Receives FINRA Regulatory Approval

Grayscale Investments has received regulatory approval to publicly quote shares of its diversified crypto fund. The product, which is the firm’s only diversified offering, invests in five main cryptocurrencies. In addition, the firm offers nine single-asset investment funds, some of which are also quoted publicly. Also read: 7 Crypto Exchange-Traded Products Now Live on Swiss...
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Grayscale Wins First US Approval For Cryptocurrency-Based Security

A pivotal US self-regulatory organization has formally licensed the country’s first public security based on cryptocurrency markets. Large Cap Fund Gets FINRA Say-So Shares of Grayscale’s Digital Large Cap Fund (DLC) received the green light from the Financial Industry Regulatory Authority (FINRA) this week, a press release confirmed on October 14. Grayscale, currently the world’s...
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tZERO-Backed Startup Seeks SEC Approval to Launch Security Token Market

news A firm part-owned by Overstock’s tZERO is seeking regulatory approval to launch one of the first markets for publicly traded, registered security tokens. The Securities and Exchange Commission (SEC) on Friday released a rule change proposal that would allow Boston Securities and Token Exchange (BSTX) to create an automated equity trading platform, with ownership...
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Winklevoss’ Gemini Launches Custody Product Supporting 18 Cryptos

Gemini cryptocurrency exchange has announced the launch of its custody product dubbed Gemini Custody that will support 18 tokens letting traders transact instantly since it offers them credit. Gemini, the New York-based crypto exchange has launched an institutional-grade crypto custody solution as reported on September 10. The exchange was founded by twin brothers Cameron and...
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It Took 18 Months, But This Blockchain Securities Firm Got the Nod From FINRA

Wall Street’s self-regulatory organization (SRO) has green-lit a new blockchain-powered securities trading platform. The Financial Industry Regulatory Authority (FINRA) has approved the membership application of IOI Capital and Markets, which plans to act as a placement agent for privately placed, digital securities on a permissioned Hyperledger Fabric blockchain. Co-founders Rashad Kurbanov and Hamid Gayibov have been...
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INX, Crypto and Security Token Exchange, Planning to Raise $130 Million via IPO

Photo: INX / Twitter INX Limited is a cryptocurrency exchange startup which plans to do an IPO as their token sale. The main difference is that this time the whole party wants to be properly regulated. While it is known that the 2017 ICO craze was completely unregulated and everybody could get away with it,...
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FINRA Talks Tough: Wants Brokers to Disclose All Crypto Dealings

The American government is stepping up in its objective to monitor cryptocurrency activities, and it wants everyone to cooperate with it as well. The Financial Industry Regulatory Authority (FINRA), America’s broker-dealer watchdog, published a Notice instructing member firms to disclose current or prospective cryptocurrency-related activities. Nothing New Here According to FINRA, the new measures are nothing...
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