UK Regulators Approve First Cryptocurrency Hedge Fund

Prime Factor Capital was the first crypto hedge fund approved as a full-scope alternative investment fund manager by the Financial Conduct Authority, according to Bloomberg. Though approved by the UK watchdog, the firm will abide by European regulations. Under these…

Monarch Unveils a Marketplace and Crypto Trading Platform

Monarch, a wallet and exchange platform, launched a digital asset marketplace to supports 1,900 separate tokens. The company also announced a partnership with financial-services provider Ambisafe to create a licensed alternative trading system which will enable investment in tokenized entities.…