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MoJ and prosecution promote ‘Virtual Asset Joint Fund’ formalization


The emergence of virtual assets has altered the financial landscape, necessitating heightened efforts to prevent crimes like money laundering.  The Ministry of Justice and the prosecution are supporting the formation of a Virtual Asset Joint Investigation Team by the Seoul Southern District...

Franklin Templeton Lists Ethereum ETF Under Ticker ‘EZET’ on DTCC


Asset management firm Franklin Templeton has listed its Ethereum exchange-traded fund (ETF) under the ticker EZET on the Depository Trust and Clearing Corporation (DTCC) website. The post Franklin Templeton Lists Ethereum ETF Under Ticker ‘EZET’ on DTCC appeared first on Cryptonews

Tron’s Justin Sun Says Ethereum ETF Unlikely to Be Approved in May


Tron CEO and founder Justin Sun said it is unlikely an Ethereum exchange trade fund (ETF) will be approved in May with the cryptocurrency in need for “long-term education with regulators.” The post Tron’s Justin Sun Says Ethereum ETF Unlikely to Be Approved in May appeared first on Cryptonews

Fidelity Bitcoin ETF Records First Daily Net Outflows Since January Listing


The Fidelity Wise Origin Bitcoin (FBTC), a key player in the spot Bitcoin exchange-traded fund market, experienced a noteworthy outflow of nearly $23 million, marking a significant event in the cryptocurrency market. The post Fidelity Bitcoin ETF Records First Daily Net Outflows Since January...

Shiba Inu managed to obtain 12M fund to develop a Layer-3 blockchain network


Shiba Inu has obtained $12 million in a funding round via a private token selling of its forthcoming TREAT token to strengthen the building of a privacy-oriented Layer 3 blockchain network. As per the Marketing Head of Shib.io, Lucie, investors who took part in the funding round were Polygon...

Binance Shifts $1 Billion in SAFU Bitcoin Reserves to USDC


Binance, the leading cryptocurrency exchange globally in terms of trading volume, has shifted its SAFU (Secure Asset Fund for Users) reserves into the stablecoin USDC to bolster “its reliability.” During the early hours of Thursday, the platform transferred two substantial amounts...

Binance Converts User Emergency Fund Assets into USDC for Enhanced Stability


Binance has made a significant strategic move by converting the entire pool of assets held in its emergency fund for users into USDC (USD Coin), a stablecoin issued by Circle Internet Financial.  The post Binance Converts User Emergency Fund Assets into USDC for Enhanced Stability appeared first...

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