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SEC Rejects Another High-Profile Bitcoin ETF Proposal


Another high-profile proposal for a bitcoin exchange-traded fund (ETF) has been denied by the U.S. Securities and Exchange Commission (SEC). The agency, however, emphasized that the disapproval was not based on whether bitcoin has utility or value as an innovation or an investment. Shares of...

United Nations Agency Unicef Launches Cryptocurrency Fund


Unicef announced Wednesday that it has launched a cryptocurrency fund and become the first United Nations organization to hold onto its crypto donations. Without converting them into fiat, the fund will hold two cryptocurrencies and disburse them to support projects benefiting children worldwide....

UNICEF Announces Cryptocurrency Fund to Support Children and Young People


In a recent announcement, UNICEF stated that it would have the option to receive, hold, and distribute the contribution of cryptocurrencies in Ether and Bitcoin through its recently established UNICEF Cryptocurrency Fund. In a first for United Nations associations, UNICEF will utilize...

The Exchange for the New Generation — Bitsoda.com Launches Globally


The Singapore-based exchange, Bitsoda.com, is the newest force in digital asset trading platforms. Invested by Digital Finance Group with Ledger X, Circle and other well-known blockchain projects in the portfolio, Bitsoda.com stands out with adequate resource and enters global market fast with...

Financial Giant Fidelity Backs Bitcoin Derivatives Yield Fund


The Los Angeles-based Wave Financial has announced the launch of a bitcoin derivatives-based yield fund and Fidelity will provide custody for the fund’s BTC reserves. Wave Financial’s crypto fund commencement is part of a growing trend toward launching BTC derivatives products....

Elementus Raises $3.5M as Part of the Fund Linked to Fidelity Investments


Elementus, a startup concentrated on spotting unlawful exchanges made with digital currency, recently declared raising 3.5 million dollars, partially from a fund connected with Fidelity Investments. Elementus comes from the part of a new sector, known as blockchain analytics, which is based...

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