Trust

SEC Chair Gary Gensler
SEC Blasted on Custody Proposal by JPMorgan, Crypto Firms and a Fellow Agency
The U.S. securities regulator recently proposed requiring investment advisers to keep customers’ crypto assets with “qualified custodians” and is now facing wide criticism for the potential future rule.
SEC Chair Gary Gensler

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Layer 2 Network Optimism to Use Ethereum Attestation Service to Promote User Trust
The attestation service will allow any Optimism user to create digital sign-offs on all kinds of information involving the blockchain’s activities and users.
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Grayscale's new ad campaign in New York's Penn Station. (Nikhilesh De/CoinDesk)
Grayscale’s GBTC Discount Widens to Near-Record High
Shares of the bitcoin trust are selling at a 47% discount to its net asset value. The discount has been increasing over the past week.
Grayscale's new ad campaign in New York's Penn Station. (Nikhilesh De/CoinDesk)

CDCROP: Binance Logo (Danny Nelson/CoinDesk)
Binance Is Organizing a Consortium to Try to Rebuild Trust in Crypto: Source
Several companies have already signed up to join, including other crypto exchanges and blockchain analytics firms, according to a person familiar with the plans.
CDCROP: Binance Logo (Danny Nelson/CoinDesk)

Trust vs code (Robert Daly/Getty Images)
Code vs. Values: The Crypto Twist on ‘Trust’
The annual "Edelman Trust Barometer" shows society has worsening trust issues. Crypto promises a different type of trust alternative and nudges us toward a new understanding of the word.
Trust vs code (Robert Daly/Getty Images)

Markets Daily Podcast Cover
Weekend Story: Does the US Government Have a Monopoly on Trust?
On today’s show, Matthew Homer, a CoinDesk columnist and former executive deputy superintendent for research and innovation at the New York State Department of Financial Services, takes a look at what makes money money, and who we are willing to trust.
Markets Daily Podcast Cover

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Grayscale, Disclosing SEC Queries, Says Cryptos XLM, ZEC, ZEN May Be Securities
The three tokens “may currently be a security, based on the facts as they exist today,” Grayscale said in recent, little-noticed filings.
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Wooden cubes building word ETF (abbreviation of Exchange Traded Fund) on light blue background
Grayscale Had ‘Productive’ Meeting With SEC on Bitcoin ETF Conversion
The SEC to date has approved several futures-based bitcoin ETF products, but has delayed or outright rejected all spot bitcoin ETF applications.
Wooden cubes building word ETF (abbreviation of Exchange Traded Fund) on light blue background

Avalanche
Valkyrie Launches Avalanche Trust for TradFi Exposure to AVAX Token
The investments firm has already lined up $25 million for the single-asset trust.
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Cambrian Says Its New Bitcoin, Ethereum Trusts Will Cut Through Volatility
The California-based asset manager said the new trusts will reduce volatility through its active management strategy.
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