US-based giant bank Morgan Stanley has become the first major US bank to offer access to the accredited asset management clients to Bitcoin funds. The bank announced that it will provide Bitcoin services to its customers who have "aggressive risk tolerance" and at least $ 2 million in assets.
SEC's Response to Personal Expenditures
After the SEC had requested a breakdown of all personal expenses of Ripple's founders, Ripple argued that this was a breach of personal privacy. In the latest statement of the SEC, it has been emphasized that the request to access the records is the most important and secure evidence regarding XRP expenditures.
VanEck's ETF Application is Under Evaluation
The application of VanEck's which will be, if accepted, the first Bitcoin ETF of the USA has been under official evaluation of the US Securities and Exchange Commission (SEC). The SEC has a 45-day pre-decision period for the offer made.
Five Times of Value Paid to BTC Sale in France
Hundreds of BTCs seized by France in an operation were sold by the state. One of the customers who bought Bitcoin at the auction made a bid of $ 32,000 for 0.11 BTC, approximately five times the spot value.
World Bank Evaluates XRP
The World Bank has prepared a new blockchain report in collaboration with the International Monetary Fund's digital advisory team. In the report investigating the connection between different blockchains, it has been stated that easy money transfers between Ethereum and XRP Ledger networks are promising for XRP in the long term.
NY Mellon Invests in Crypto Money Company
New York Mellon, the oldest bank of the USA, announced that it has invested in cryptocurrency company Fireblocks. The well-established bank, which has $41 trillion in assets under its management, stated that the demand for cryptocurrency assets is at a very serious level.
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