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| Morgan Stanley buys stake in Overstock cryptocurrency Morgan Stanley went shopping at Overstock.com — and it had nothing to do with the discounted leather sofas. The Wall Street bank has purchased an 11.4 percent stake in the Web retailer just days before the Salt Lake City company's cryptocurrency trading goes live. The disclosure, in a regulatory ...
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| SEC head Jay Clayton weighs in on cryptocurrency mania Initial coin offerings, a cryptocurrency-based twist on the initial public offering fundraising process, have raised more than $3 billion by some estimates. And Wall Street and Main Street are in a frenzy. But Clayton wants investors to take off the rose-tinted glasses and approach the highly unregulated ...
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| Senate Bill Threatens Future of Cryptocurrency The bulk of the 2-hour hearing focused on other elements of the bill, with the only mention of cryptocurrency happening very briefly during a discussion on money laundering. The hearing also featured a testimony from Kathryn Haun, who is on the Coinbase board of directors. She did not mention any ...
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