Latest from Sheldon Reback
J.C. Flowers to Buy 30% of LMAX for $300M
The stake values LMAX, which operates exchanges for forex and crypto trades, at $1 billion.

Italian Regulator Says Binance Is Unauthorized
The regulator said last month the unsupervised spread of crypto was a cause for concern.

Binance Suspends Sterling Withdrawals Again: Report
The exchange's move reportedly came after Faster Payments ended its agreement with Binance.

CoinShares to Buy Elwood's ETF Index Business for $17M
The purchase also gives CoinShares access to Elwood’s equity-research team.

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South Africa to Accelerate Crypto Regulation in Wake of Scams: Report
A regulatory structure should be in place in three to six months.

Guggenheim Registers Fund That May Seek Exposure to Crypto
The Guggenheim Active Allocation Fund could invest in bitcoin derivatives among other assets.

Singapore-Listed Blockchain Firm Buys Crypto Staking Platform Moonstake
Through its 100% ownership of Moonstake, OIO will receive a commission of up to 0.5% of staking assets.

