Bloomberg "U.S. Startup Offers BTC Certificate of Deposit Product Without Regulator Approval"

Receipes Depositary Corporation (RDC), a financial startup founded by former Citigroup executives, has begun offering bitcoin-based products that do not require U.S. regulatory approval, Bloomberg reports. The products, known as "Bitcoin Depositary Receipts" (BTC DRs), are similar to U.S....

Bloomberg "U.S. Startup Offers BTC Certificate of Deposit Product Without Regulator Approval"