SkyBridge Hedge Fund Files Crypto-Company ETF With SEC – BeInCrypto

The SkyBridge Capital hedge fund has filed an application for an exchange-traded fund (ETF) that invests in crypto companies.
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United States hedge fund SkyBridge Capital has joined the long list of firms sending in applications for crypto-based ETFs.

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Laos Green-Lights Cryptocurrency Trials – BeInCrypto

Six local companies in Laos received authorization from the Prime Minister’s office for trading and mining cryptocurrencies.
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The southeast Asian country granted authorization to six companies to take part in a cryptocurrency trial, according to the Laotian Times.

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$90 Million Crypto Ponzi Schemester Sentenced to Seven Years – BeInCrypto

US District Judge Valerie Caproni sentenced Stefan Qin to seven and a half years in prison for defrauding investors out of $90 million in a crypto Ponzi scheme.
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Qin, a 24-year-old Australian national, dropped out of college to found Virgil Sigma Fund LP in 2017.

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Head of Australian Crypto Exchange Says Regulations Are Beneficial – BeInCrypto

The head of the popular Australian cryptocurrency exchange BTC Markets says crypto regulations provide benefits to the industry. 
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In the global race for cryptocurrency adoption, regulations, and innovation Australia seeks its own piece of the action.

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Republican Senators Push Back Against SEC Chairman’s Agenda – BeInCrypto

Republican Senators pushed back against the agenda that Securities and Exchange Commission Chairman Gary Gensler supported during his recent appearance before the Senate Banking Committee.

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Wall Street Banks Are Keen on Crypto — Here’s Why

Recently, institutional crypto adoption has been at the center of discussion. A growing number of public companies, major banks, hedge funds, and wealth managers race to increase their exposure to bitcoin and other digital assets.
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It seems Wall Street is leading the race.

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Kevin O’Leary Wants to Double His Crypto Portfolio Holdings – BeInCrypto

Popular investor and Shark Tank personality Kevin O’Leary said he wants his current crypto holdings doubled to 7%, despite impending regulations.
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O’Leary currently holds 3% of his investment portfolio in cryptocurrencies.

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Crypto Execs Should Cooperate With Regulators, Says SALT Panel – BeInCrypto

Cryptocurrency executives ought to work with regulators to facilitate wider acceptance, according to members of a digital currency panel at Wall Street’s SALT conference.

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