Highlighting what went right, and what went wrong, in this week’s crypto news analysis.

A busy week of funding rounds regulatory updates and plenty of coin news.  Thankfully the overall market was relatively stable, at least compared to the weeks previous.

The team at Copper started the week at the HFM European Operational Leaders conference, where CEO Dmitry Tokarev was taking part in a panel discussion. Next week we look forward to the DC Finance conference for family offices interested in blockchain and cryptocurrency investments. Dmitry will again extoll the virtues of secure custody as the cornerstone of any portfolio built around digital assets.

Below we have our weekly roundup of industry and coin specific news. If you’d like to get in touch with us about any of our products or services, we look forward to hearing from you. Just send us a note.

Latest Industry News

Ex-UBS team raise $104m to create crypto bank

• Seba Crypto AG concluded the 100 million Swiss franc funding round to build a crypto investment bank
• Swiss regulator FINMA will receive their final banking licence application by the end of October

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Charges for illegal bitcoin security swaps

• The SEC and CFTC are suing a Marshall Islands firm for selling security swaps that could only be purchased with BTC
• There are additional charges for failing federal AML laws

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New metals backed coins

• A Swiss asset manager will introduce coin with value tied to a range of metals including tin, gold, and platinum
• This isn’t the first time it’s been tried, and with more stable coins being issued the  jury is out on whether it will gain traction

Read More

Latest Coin News

BTC

• Price analysis
• Novogratz predicts
• by end of year
• Bitmain IPO filing seen to have dramatic impact on

ETH

• Price analysis
• $1,900 by the end of the year? That’s one heck of a
• Austrian gov’t to use Ethereum for

XRP

• Price analysis
• Banks join JP Morgan in XRP
• Ripple announces

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