Wintermute plans to foray into the on-chain prediction market, with its first betting pool focused on the U.S. presidential elections. The crypto trading firm and market maker Wintermute disclosed ongoing work on an on-chain betting platform, OutcomeMarket. The decentralized protocol…
BNY Mellon SAB 121 exemption may herald bank Bitcoin custody
Bank of New York Mellon, the largest U.S. custodian bank, scored an exemption from a controversial SEC rule that may enable Bitcoin custody. Institutional custody