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<p><span>Thank you to the Organising Partners and Patrons for the invitation to speak</span><span> here at City Week on key risks of digital assets.</span></p>
Meta is shutting down its Novi wallet. The social media company is asking its users to withdraw their funds either by transferring them to their bank accounts or withdrawing them as cash.
Cryptocurrency Exchanges Forge New Paths, Bitcoin ETF Applications Continue
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This week one of the largest U.S. cryptocurrency exchanges, Coinbase, completed its initial public offering through a direct listing of its shares on Nasdaq. Separately, according to a press release, last week cryptocurrency platform Exodus opened its blockchain-based SEC-qualified public offering of common stock, with each share of common stock represented by a “Common Stock Token.” The company, which offers a multi-asset cryptocurrency wallet, reportedly has received subscriptions for nearly $60 million from more than 4,000 accredited and non-accredited investors.
A well-known financial services company focused on digital assets and cryptocurrencies recently filed a bitcoin exchange traded fund (ETF) application with the Securities and Exchange Commission (SEC), according to a recent report. Another recent report noted that the SEC recently began review of a separate bitcoin ETF application by an