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Analysts tentatively schedule spot Bitcoin ETF approval


Bloomberg analysts have said that there is a 90% chance for the Spot Bitcoin ETF to receive approval by January 10, 2024. ETF is an acronym for Exchange Traded Fund, and the statement is based on the updates from 21Shares and ARK. Reportedly, it is their application for the same product that...

Crypto Exchange Upbit Receives In-Principle License Approval from Singapore


South Korea's leading cryptocurrency exchange Upbit by volume has secured in-principle approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).  The initial approval will enable Upbit Singapore to continue to provide digital payment token services...

Ex-BlackRock manager predicts US Bitcoin ETFs approval


An ex-BlackRock manager has predicted that the US could soon approve Bitcoin ETFs, or Exchange Traded Funds. Once approved, financial institutions will have a clearer picture of how they can invest in Bitcoin. Moreover, it will provide a well-structured and regulated avenue for investors....

Crypto Custody Firm Komainu Receives Custodial Approval from UK's FCA


Komainu, a digital asset custody service, has announced its custodial approval from the UK Financial Conduct Authority (FCA). This regulatory approval allows the company to function as a custodial wallet provider in accordance with the 2017 regulations on money laundering, terrorist financing,...

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