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Canadian Ether Fund Launches, Swiss Bank Tokenizes Shares, New German Law Passed By: Earlier this month, 3iQ Corp., a Toronto-based investment management firm, announced the listing of its fund, The Ether Fund (the Fund), on the Toronto Stock Exchange, following the recent completion of its initial public offering for approximately US $76.5 million. The Fund aims to provide investors with the ability to purchase shares in the Fund and receive exposure to changes in ether’s price over time. The same company launched a similar bitcoin fund earlier this year. This week, Sygnum announced that it was the world’s first bank to tokenize its shares on a distributed ledger, thereby laying the foundation for a future public offering. The bank currently holds a banking license in Switzerland and a Singapore asset management license, and it plans to eventually list shares in those two countries. The announcement states that tokenization will allow the share registry to continu ....
Authorities Shut Down Darknet Marketplace Sipulimarket, Seize Bitcoin A major darknet marketplace, Sipulimarket, has been shut down and its assets, including bitcoin, were seized by Finnish Customs, in cooperation with Europol and the Polish police. Darknet Marketplace Shut Down, Bitcoin Seized Europol and Finnish Customs (Tulli) announced last week that they “have shut down the Sipulimarket dark web marketplace and seized all its content.” The operation was in close cooperation with the Polish Provincial Police Headquarters in Wroclaw (Komenda Wojewódzka Policji we Wroclawiu), Europol’s European Cybercrime Centre (EC3), and Eurojust. Tulli’s press release explains: Finnish Customs has seized the web server and contents of the Silpulimarket trade site in its entirety … Finnish Customs has also carried out a bitcoin seizure. ....