Key Highlights: BitGo is expanding access to its qualified custody solutions to serve retail clients seeking secure digital asset management. The move arrives amid tightening regulatory scrutiny over cryptocurrency safety and storage practices. Growing retail demand for institutional-grade custody could shift broader market sentiment and prompt industry competitors to follow suit. Digital asset security firm ...
Key Highlights: The Swiss Financial Market Supervisory Authority (FINMA) has approved the first Swiss-law retail exchange-traded fund (ETF) investing directly in Bitcoin. Classified as an alternative-investment product with specific risk, the fund received an exemption from standard diversification rules due to Bitcoin’s trading history and liquidity. Supervised institutions managing the product are required to mitigate ...
Key Highlights Retail-linked deposits to Binance surged 54% over a recent 30-day period, climbing from $7 billion to $10.78 billion. Whale cohorts holding between 1,000 and 10,000 BTC sharply curbed distribution, dropping from 62,600 BTC to 5,230 BTC to pivot back into accumulation. Bitcoin risks closing out a second consecutive negative October as monthly returns ...
Key Highlights Germany proposes a 50% default tax base for crypto assets acquired after December 31, 2026, combined with a flat 25% capital gains tax plus solidarity surcharge totaling 26.375%. Circle’s Patrick Hansen warns the framework will disproportionately hit retail investors who cannot provide clean acquisition cost documentation, potentially taxing nonexistent gains. The regime is ...