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$12 Trillion Asset Manager Vanguard Is Finally Embracing Digital Assets. Here's What That Could Mean for Crypto Investors
Most major asset managers have adopted cryptocurrency in some form by now, with several offering their own crypto ETFs. Vanguard, which has about $12 trillion in assets under management (AUM), had been the last holdout. Based on a recent Vanguard job posting, its days as the lone asset manager staying away from cryptocurrency are over. When the SEC first approved spot Bitcoin ETFs in January 2024, Vanguard took the strongest stance against them. The asset manager said that it had no plans to launch a Bitcoin ETF or other crypto-related products. It didn't even allow trading of Bitcoin ETFs on its platform. Investors ... (full story)
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From financefeeds.com | 15 hr ago
Russias State Duma is preparing to hold final readings on a bill that would bring cryptocurrency activity under a clearer legal framework, placing investor limits and cross-border use at the center of the countrys digital asset policy. Draft bill No. 1194918-8, titled On Digital Currency and Digital Rights, is expected to go through second and third ...