Three Key Lessons From the FATF’s Report on Its Virtual Asset Review

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The wait is over. Yesterday the Financial Action Task Force (FATF) released its highly anticipated report describing the conclusions of its 12-month review that assessed the progress that countries and the private sector have made in implementing its guidance on virtual assets. Exchanges and other virtual asset service providers (VASPs) have been anxious to hear the FATF’s judgment, and especially its verdict on the industry’s progress in implementing the Travel Rule. 

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Galaxy Digital Launches New Super App Offering Crypto, Stocks, and 8% Yields to U.S. Investors

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Galaxy Digital, led by billionaire Mike Novogratz, has launched GalaxyOne, a new fintech platform offering professional-grade financial products to individual investors in the U.S. Available on iOS, Android, and web, the platform unifies crypto trading, U.S. stock investing, and high-yield savings into a single digital experience. Yield Options for All Types of Investors Notably, GalaxyOne … Read more

Grayscale’s Ethereum ETFs Become First in US to Enable Staking

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Grayscale’s Ethereum ETFs, such as ETHE and ETH, have become the first exchange-traded funds to enable staking in the United States.  The leading crypto asset manager unveiled the groundbreaking move today, confirming that investors can now earn passive rewards via the Grayscale Ethereum Trust ETF (ETHE) and its Grayscale Ethereum Mini Trust ETF (ETH).  The … Read more