Broader crypto prices rose slightly on Tuesday after largely lagging Bitcoin in recent sessions. Risk appetite remained dismal in the face of a U.S.-China trade war and a growing rift between Trump and the Fed. 😆 😆 😆 😆
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Hidden Road, a prime broker that focuses on both crypto and traditional assets, has received an inbound takeover approach, according to two people with knowledge of the matter.
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Partnering with a crypto custodian that has built a comprehensive risk management and compliance infrastructure — from AML and KYC controls to information security policies — can give banks a streamlined go-to-market strategy. Banks and their crypto partners should not only speak the same language, but be regulated on the same footing.
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