Scheme allegedly promised high returns from AI-powered trading bots
In both the U.S. and Europe, regulators are pursuing looser rules
McKinsey forecasts tokenized assets could reach US$2 trillion by 2030
New anti-money laundering authority highlights risks posed by crypto
Plus, CIBC introduces education portfolios; Harvest terminates mutual funds
Paper argues that stablecoins need bespoke rules to address their novel risks
Investors misled, lost US$650 million to purported trading venture
The equity asset class is driving the inflows in 2025 so far
Private crypto can't pass the test to serve as the new backbone of the global monetary system
Jack Manley of J.P. Morgan Asset Management says the regulatory framework is catching up to retail enthusiasm