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Nalezeno "crypto investments": 67

SEC’s Preference Prevails: Blackrock Adopts Cash Model for Spot Bitcoin ETF


Blackrock, the world’s largest asset manager, has acquiesced to the U.S. Securities and Exchange Commission (SEC)’s preference for the cash creation model rather than the in-kind model for its spot bitcoin exchange-traded fund (ETF). “Blackrock has gone cash only. That’s basically...

Blackrock Outlines Why SEC ‘Must’ Approve Spot Ethereum ETFs


The world’s largest asset manager, Blackrock, has outlined why the U.S. Securities and Exchange Commission (SEC) “must” approve spot Ethereum exchange-traded funds (ETFs). Nasdaq, which has filed with the SEC to list and trade shares of Blackrock’s spot ether...

Crypto VC Investments Continue to Take a Hit, Drop Another 10% MoM


There has been a significant decline in publicly disclosed investment projects by crypto venture capitalists (VCs) during the month of October. Data from RootData indicate a 10% month-on-month decrease, with only 75 investment projects recorded compared to 83 projects in September 2023, as reported...

Softbank Looking to Invest Billions in AI After Pausing Crypto Investments


Softbank, one of the largest investment management conglomerates in the world, is reportedly eyeing several investments in the artificial intelligence (AI) field after having paused its crypto investments. According to the Financial Times, Softbank founder and chief executive officer Masayoshi...

Slovakia to Lower Tax on Income From Crypto Holdings


Lawmakers in Slovakia have adopted legislation that will reduce the tax burden for cryptocurrency holders in the country. Income derived from long-term investments in digital assets will also be relieved from healthcare taxes, the parliamentarians decided. Investors in Slovakia to Pay 7% Tax...

South Korean Politician Quits Party Over Crypto Scandal


A member of the South Korean parliament is leaving his party amid mounting allegations of massive crypto investments inconsistent with his frugal public image. The controversy, which has caught the attention of the Korean society, involves accusations of conflict of interest and other...

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