Atkins’ nomination is a breath of fresh air for the crypto crowd, who felt Gensler dragged his feet on policy.
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Wealth managers are getting held-away crypto assets in-house through ETFs and separately managed accounts.
The funds that track the second-largest cryptocurrency were off to the races in late July, but have been stuck in the ether ever since.
It’s the latest in several moves — announced in swift succession — that suggest a radical overhaul in Zuckerberg’s thinking about Meta.
Executives at top financial services firms expect to cut as many 200,000 jobs in the next five years and significantly increase revenues.
The investment company says advisors and investors should break from the traditional strategy and take on more defensive positions this year.