Latest from Sheldon Reback
Crypto Markets Today: Bitcoin Reclaims $93K as Altcoins Stage Rebound
A broad rally lifted major tokens on Wednesday, with bitcoin and ether bouncing and the majority of altcoins surging, even as ZEC extended a weekly slide.
UK Passes Law Formally Recognizing Crypto as Property
The Property (Digital Assets etc) Act received Royal Assent on Tuesday, the final step of an act becoming law after being passed by the U.K. Parliament.
Strategy Faces Possible MSCI Index Removal, Threatening Billions in Outflows: Reuters
A removal could lead to outflows of up to $8.8 billion if other index providers follow suit because the stock is part of many passive investment products.
Taiwan Authorities Say Island's First Regulated Stablecoin Will Debut Next Year
Regulators have not decided whether the token will be tied to the Taiwan dollar or the U.S. dollar, a choice that will determine how deeply it tests the island’s currency controls.
Brazil Sentences 14 for Using Crypto, Shell Firms in $95M Drug Money Laundering Case
The defendants were found to have used fake companies and cryptocurrency transactions to conceal the origin of the illicit funds.
Iren Plans to Sell Up to $2.3 Billion of Convertible Notes, Shares Drop
The company also plans to sell shares to fund the repurchase of existing debt.
Kraken Agrees to Buy Tokenization Specialist Backed Finance as RWA Trend Accelerates
The exchange has already teamed up with the Switzerland-based firm for its tokenized equity offering, xStocks.
Grayscale’s Chainlink ETF Lists on NYSE Arca, LINK Price Jumps
The debut marks the first U.S. ETF tied to Chainlink, which secures tens of billions of dollars in onchain value across DeFi and gaming.
BNP Paribas Joins EU Bank Stablecoin Venture Helmed by Ex-Coinbase Germany Exec
The group of 10 banks plans to introduce its euro stablecoin next year under a new Dutch entity named Qivalis.
