Digital Asset


Finance

Investment Bank Cowen Launches Digital Unit, Aims to Compete With Bulge-Bracket Firms

It’s the latest in a trend of traditional finance players spying opportunity in the cryptocurrency sector.

More investment banks are moving into crypto. (kolderal/Getty images)

Policy

Proposal Limiting Proof-of-Work Is Rejected in EU Parliament Committee Vote

The provision could have required cryptocurrencies like bitcoin to shift to more environmentally friendly mechanisms.

European Parliament. (Shutterstock)

Markets

Crypto-Fund Inflows Tripled Last Week to Highest in Almost Three Months

A net $127 million went into digital-asset funds during the week ended March 4, with minor outflows in Europe and large inflows in the Americas.

A net $127 million of inflows into digital-asset funds last week was the highest in almost three months. (CoinShares)