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Bitcoin: Citi alumni plan Bitcoin securities that don't need SEC nod - Vimarsana News

Bitcoin: Citi alumni plan Bitcoin securities that don't need SEC nod

Published: January 5, 2024

The new offering, called Bitcoin depositary receipts, will be similar to American depositary receipts that represent foreign stocks. The startup, called Receipts Depositary Corporation, or RDC, said it plans to issue the first Bitcoin depositary receipts to qualified global institutional investors in transactions exempt from registration under the Securities Act of 1933.

Source: indiatimes.com
Related Topics:
United StatesIshaan NarainBitcoin EtfsBryant KimAnkit MehtaAnchorage Digital Bank National AssociationFranklin TempletonExchange CommissionReceipts Depositary CorporationBroadridge Corporate Issuer SolutionsSecurities ActCorporate Issuer SolutionsBroadhaven VenturesDepositary Receipts
Citi alumni plan Bitcoin securities that don't need SEC approval - Vimarsana News

Citi alumni plan Bitcoin securities that don't need SEC approval

Published: January 5, 2024

The new offering, called Bitcoin depositary receipts, will be similar to American depositary receipts that represent foreign stocks.

Source: moneycontrol.com
Related Topics:
United StatesIshaan NarainAnkit MehtaBitcoin EtfsBryant KimExchange CommissionFranklin TempletonReceipts Depositary CorporationAnchorage Digital Bank National AssociationBroadridge Corporate Issuer SolutionsCitigroup IncSecurities ActCorporate Issuer SolutionsBroadhaven VenturesAnchorage DigitalWorld News
Citi Alumni Plan Bitcoin Securities That Don't Need SEC Approval - Vimarsana News

Citi Alumni Plan Bitcoin Securities That Don't Need SEC Approval

Published: January 4, 2024

BTC DRs will give institutions access to Bitcoin securities through US regulated market infrastructure and cleared through the Depository Trust Co.

Source: wealthmanagement.com
Related Topics:
United StatesAnkit MehtaBryant KimBitcoin EtfsIshaan NarainReceipts Depositary CorporationAnchorage Digital Bank National AssociationCitigroup IncBroadridge Corporate Issuer SolutionsExchange CommissionFranklin TempletonSecurities ActCorporate Issuer SolutionsBroadhaven VenturesAnchorage Digital