Merrill Lynch bans its clients, advisors from trading bitcoin-related investments, report says

The ban prevents the financial giant's roughly 17,000 advisors from pitching investments related to bitcoin and executing client requests to trade Grayscale's bitcoin investment trust (GBTC), The Wall Street Journal said, citing a person familiar with the matter. "The decision to close GBTC to new …
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Macau Bans Banks From Providing Financial Services to Cryptocurrency Companies (

Macau’s financial regulatory, the Monetary Authority of Macau (AMCM), has issued a statement prohibiting the territory’s financial institutions from providing financial services to businesses issuing virtual currencies or tokens. The statements follow a crackdown on money laundering and capital outflows from mainland China by Chinese regulators.
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