Highlighting what went right, and what went wrong, in this week’s crypto news analysis.
Big names entering the institutional investor market, stable coins losing their peg, exchanges facing banking issues, yet low volatility and huge increases in M&A. Don’t ever let it be said this isn’t a fascinating time to be in crypto.
On the regulatory side, some like the SEC have suggested they will wait until 2019 before making any further proclamations. Meanwhile China has released it’s latest guidance which will become law in November. Perhaps this is just the quiet before the storm.
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.
According to new research from JMP Securities, M&A among crypto companies is up 54%
115 deals have closed already this year, up from only 47 in all of 2017. Some investors are describing it as a land grab for new tech
You would have to be living under a rock to have not noticed this story last week, but just in case, we’ve included it here as must-know info
Their white paper on institutional custody does a great job of saying literally nothing about their institutional custody
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