India is set to propose a law banning Bitcoin, again. According to a March 15th Reuters report, a local government official said that the upcoming bill is one of the world’s strictest policies against bitcoin and other digital assets. The new rules would criminalize the possession, issuance, mining, trading

New York fund management company WisdomTree Investments is the latest contender to join the race to launch the first Bitcoin ETF in the United States. The filed an S-1 form with the Securities and Exchange Commission (SEC) on March 11th, in hopes of gaining approval for the launch of its

Asset manager Grayscale halted trading on Grayscale Bitcoin Trust (GBTC), the world’s largest publicly-tradable bitcoin investment vehicle. The web page describing GBTC on Grayscale’s website now displays the following message: The Grayscale® Bitcoin Trust private placement is offered on a periodic basis throughout the year and is currently

Zhongjia Bochuang (ZJBC), a Chinese publicly-traded information and communications firm with a market cap of $900 million, announced plans to dive right into the Bitcoin mining space. According to a March 9th report by local industry news outlet Chain News, ZJBC announced plans to buy $155 million of Bitcoin mining

Donner & Reuschel, a private bank in Germany founded in 1798, is planning to launch crypto asset services. Finance Magnates reported on March 9 that Donner & Reuschel announced plans to launch a suite of crypto asset services, including bitcoin trading, digital asset custody, and asset tokenization. The bank reportedly

A number of SEC filings on Tuesday reveal plans by JPMorgan to launch what it calls a "Cryptocurrency Exposure Basket," a basket of 11 stocks by companies considered to have some exposure to Bitcoin and cryptocurrencies. According to the documentation, the included U.S.-listed stocks were selected

Chinese companies are racing to raise funds and enter into or expand their existing operations in the Bitcoin space, largely thanks to Bitcoin's recent price action. Reuters reported on Tuesday that Chinese Bitcoin mining application-specific integrated circuit (ASIC) producer Ebang based $170 million in two separate funding rounds

According to Matt McDermott, the head of digital assets at major investment bank Goldman Sachs, institutional demand for Bitcoin is currently particularly high. The banker explained during a podcast that a recent survey revealed that 40% of the nearly 300 Goldman Sachs institutional customers already have exposure to cryptocurrencies by