Main news
1. Morgan Stanley launches Bitcoin Fund
Morgan Stanley, a global investment bank (IB), is planning to launch the first’Bitcoin (BTC) Fund’ on Wall Street in the United States.
On the 17th, CNBC reported, citing an anonymous source, that Morgan Stanley is launching three bitcoin funds for wealth management VIP customers.
Morgan Stanley is said to offer these services only to customers with assets of $2 million or more. However, the investment company must have an asset of 5 million dollars or more.
2. Grayscale, 5 cryptocurrency trust products added
American digital asset management company Grayscale has launched five cryptocurrency trust products. Grayscale added Chainlink (LINK), Basic Attention Token (BAT), Decentraland (MANA), Filecoin (FIL), and Live Pier (LPT) as assets under a press release on the 17th (US time). So, it was revealed that it launched a trust product.
Grayscale CEO Michael Sonenshine argued that if the demand for cryptocurrency by institutions is “higher than ever”, then the era has come when “cryptocurrency is now recognized as an official asset.” Including 5 altcoins, the Case Kale currently operates 14 cryptocurrency trust products.
3. Ask Coinbase!
Coinbase, the largest cryptocurrency exchange in the U.S., which is about to go public, will provide Q&A on the social media platform Reddit for 3 days from the 17th. Coinbase CEO Brian Armstrong yesterday announced Reddit’s Q&A thread’Ask Me Anything’. I even uploaded a picture of myself to prove that this is real.
Coinbase is expected to list on the NASDAQ within this month. Currently, the enterprise value is estimated at 100 billion dollars.
4. Ireland bans anonymous coin investment
The Irish Central Bank has stated that cryptocurrency companies must comply with their country’s anti-money laundering laws (AML). It seems that Irish investors will no longer be able to trade cryptocurrency anonymously.
This movement in Ireland reminds me of Korea’s’Enforcement Decree of the Act on the Reporting and Use of Specific Financial Transaction Information, etc. (Special Act), which will take effect from March 25th.
Coinbase’s trust platform, Coinbase Custody International, is now headquartered in Ireland.
Coin gossip
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