BlackRock Inc, the world's biggest asset manager, has launched a spot bitcoin private trust for institutionalclients in the United States, according to a blog post on its website.
Coinbase reported a larger-than-expected quarterly loss as investors worried by this year's rout in risky assets shied away from trading in cryptocurrencies, sending its shares down 6 per cent after the bell on Tuesday.
The order, worth $10 million, was a first step towards allowing the country to trade through digital assets that bypass the dollar-dominated global financial system
The first employee of BitMEX pleaded guilty on Monday to violating US bank secrecy laws by failing to establish an anti-money laundering program, following guilty pleas to the same charge by thecryptocurrency exchange's three co-founders.