Coindesk

House Republicans Demand SEC Explain What’s Up With Crypto Platform Prometheum

As Prometheum Inc. nears an unprecedented moment in U.S. crypto history by beginning a custody operation that intends to hold customers' Ethereum tokens {{ETH}}, the industry's friends in Congress are demanding the Securities and Exchange Commission (SEC) explain what it means to do about this first U.S. special purpose broker-dealer (SPBD) for digital assets.Source link

‘We’ve Seen Breakdowns of Trust’: Nathan Schneider on How to Democratize the Web

The activist's new book "Governable Spaces" explores ways blockchains can help people experiment with self-governance online.Source link

Galaxy Digital’s Strong Earnings Will Carry Into Current Quarter, Analyst Says

Improved crypto market conditions due to anticipation of spot bitcoin ETF approval helped boost earnings, the report said.Source link

Insurance Broker Marsh Introduces $825M Crypto Custody Coverage

The new insurance product will support organizations with digital assets held offline in cold storage, as well other custody solutions such as Multi-Party Computation (MPC).Source link

Hong Kong Likely To Allow In-Kind Creations for Spot Bitcoin ETFs: Bloomberg

Hong Kong’s financial regulator, the Hong Kong's Securities and Futures Commission (SFC), is likely to allow in-kind creations and redemptions for spot bitcoin ETFs in the second quarter of this year, according to a report from Bloomberg Intelligence.Source link