Crypto

Nomura says 65 percent of institutional investors see crypto as diversification asset

Japanese institutional investors are increasingly viewing cryptocurrencies as a tool for portfolio diversification, a survey by Tokyo-based Nomura and its crypto unit Laser Digital showed. Of respondents, 65 percent saw crypto as a diversification asset, while 31 percent were positive on the outlook over the next year, up from 25 percent in 2024. Many expect small allocations and gradual adoption, despite growing interest in staking, lending and tokenised assets.

Crypto

Warren questions SEC enforcement drop, whether Chair Atkins misled Congress

U.S. Senator Elizabeth Warren said SEC Chair Paul Atkins may have misled Congress about a decline in the agency’s enforcement activity. Warren pointed to a major gap between Atkins’ Feb. 12 hearing answers and fiscal 2025 enforcement data the SEC released on April 7. She said the newly released figures show the number of enforcement actions the SEC initiated was the lowest in 10 years, and criticised the broader enforcement level as the lowest in more than 20 years.