May 24, 2026

Capitalizations Index – B ∞/21M

China Says It Has ‘Safely’ Shuttered ICOs, Cryptocurrency Exchanges

News – CCN
China Says It Has ‘Safely’ Shuttered ICOs, Cryptocurrency Exchanges

Chinese financial authorities, including the central bank and other regulators, are ramping up their broad crackdown on illegal fundraising activities. In a news conference in Beijing on Monday, Chinese authorities said they will keep a close watch on interest rates charged by companies and financial firms in the private sector to increase their scrutiny on … Continued

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Goldman Sachs Hires Crypto Trader to Head Digital Assets Division [But Still Denies it’s Launching Trading Desk]

Goldman Sachs has hired a securities trading veteran to help the firm develop a digital asset strategy, but the investment banking giant continues to deny that it is launching a cryptoasset-focused over-the-counter (OTC) trading desk. According to business news outlet Tearsheet, Goldman Sachs quietly hired Justin Schmidt last week. Schmidt, who now serves as vice … Continued

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