Tag: Crypto

On-Chain Investment Funds: Beware of Greeks Bearing Gifts

New financial products bring with them familiar risks, and blockchain-issued investment funds are not immune. Assets in blockchain-based funds have nearly tripled in a year – from $11.1 billion to nearly $30 billion. New entrants VanEck, Fidelity, BNP Paribas, and Apollo recently launched on-chain investment funds. Others are coming. Blockchain-based...
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$48 Million Salvation: ‘Bitcoin Jesus’ Roger Ver Settles Tax Fraud Case

Roger Ver, the early Bitcoin promoter often called “Bitcoin Jesus,” has reached what reports describe as a tentative deal to resolve a US criminal tax case by paying about $48 million. According to prosecutors, the payment would settle alleged tax shortfalls tied to his cryptocurrency holdings from 2014 through...
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Morgan Stanley Eases Barriers To Bitcoin And Ether Funds For All Clients

Morgan Stanley (NYSE:MS) has reportedly removed longstanding limits on which wealth clients can buy crypto funds, telling advisors they may place digital-asset products across account types, including retirement accounts, as part of a broader expansion of access beginning Oct. 15. The firm informed its advisor force that crypto funds...
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