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OSL Executive Director: Hong Kong Expected to Approve Spot Crypto ETFs by Mid 2024
22.1.2024
Hong Kong may witness the launch of its first spot crypto exchange-traded funds (ETFs) by the middle of this year. Gary Tiu, the executive director and head of regulatory affairs at OSL, a Hong Kong-licensed cryptocurrency exchange, said OSL is in close communication with multiple fund companies....
Former SEC Official: Crypto Holds the Key to 2024 US Presidential Election
21.1.2024
The U.S. Securities and Exchange Commission’s former head of internet enforcement has explained that crypto holds the key to the 2024 U.S. presidential election. He stressed that every U.S. presidential candidate should immediately appoint an internal Crypto Czar. “The stark reality is that...
RBI Chief: Crypto Threatens Rupee Stability, Urges Investors to Be Cautious
20.1.2024
The head of India’s central bank, the Reserve Bank of India (RBI), has warned of significant risks associated with cryptocurrencies, particularly for emerging market economies. “It can impact your financial stability, currency stability, and monetary system,” RBI Governor...
Franklin Templeton Eyes Broad Crypto Expansion Beyond Bitcoin, Foresees More ETP Filings
19.1.2024
Franklin Templeton’s Head of Digital Assets, Sandy Kaul, foresees an increase in filings following the recent approval of 11 new spot bitcoin exchange-traded funds. Kaul highlighted that the firm, managing $1.5 trillion in assets, recognizes the “potential of this whole crypto...
Ripple and Hedera Consider Collaboration to Further Crypto Innovation: Report
19.1.2024
Source: Flickr In an interesting conversation, Ripple’s head Brad Garlinghouse and Leemon Baird, co-founder of open-source decentralized ledger Hedera, discussed potential collaboration to foster the digital assets industry. The crypto leaders recently shared their insightful thoughts...
Blackrock’s Bitcoin ETF Attracts Diverse Investors, Secures 25,067 BTC in Holdings
18.1.2024
In a recent interview, Rachel Aguirre, the head of product for Blackrock’s Ishares U.S., delved into the substantial inflows witnessed by the firm’s new spot bitcoin exchange-traded fund (ETF), known as IBIT. Aguirre highlighted that the IBIT ETF has attracted a diverse group...
Morgan Stanley: Spot Bitcoin ETFs Could Reshape Global Crypto Attitudes
14.1.2024
Source: Adobe/wolterke The crypto landscape has changed dramatically over the past few years, with stablecoin volumes challenging traditional payment giants like PayPal and Visa. Wall Street is now taking a keen interest in this transformation, specifically through the emergence of spot Bitcoin...
Cardano Price Prediction as Bulls Hold $0.57 Level – Here’s Where ADA Might Head Next
12.1.2024
The Cardano price has dropped by 1% in the past 24 hours, slipping to $0.5754 as the wider market cools off a little following the SEC’s approval of several Bitcoin ETFs. ADA is now up by 4% in the past week, and while it’s actually down by 6% in a fortnight, it remains up...
Fundstrat Says Bitcoin Is Headed for $150K — Predicts BTC Could Hit $500K in 5 Years
12.1.2024
Financial research firm Fundstrat’s head of research has predicted that the price of bitcoin is headed for $150K and could hit $500K in five years. Emphasizing the cryptocurrency’s finite supply and “a potentially huge increase in demand with a spot bitcoin approval,”...
Former SEC Official Blasts Spot Bitcoin ETFs as Recipe for ‘Financial Ruin’
10.1.2024
The U.S. Securities and Exchange Commission’s former head of internet enforcement has warned about investing in spot bitcoin exchange-traded funds (ETFs), which the SEC is expected to approve on Wednesday. He cautioned that spot bitcoin applicants are “nothing more than an opportunistic...
Spot Bitcoin ETFs May Boost Bitcoin Price to $200,000 in 2025, Standard Chartered Predicts
9.1.2024
Source: Standard Chartered Bank Standard Chartered Bank has predicted a significant surge in Bitcoin‘s value, reaching up to $200,000 in 2025 following potential spot Bitcoin exchange-traded fund (ETF) approvals. According to Standard Chartered Bank’s latest report led by Head of Crypto...
Russian Experts: 2024 Will Be a Big Year for Cross-border Crypto, CBDC Payments
9.1.2024
Source: hamara/Adobe Russian legal and tech experts think that 2024 will mark a turning point for the use of crypto and CBDCs like the digital ruble in cross-border payments. Per RBC, Andrey Tugarin, the head of the law firm GMT Legal , said: “The main trend to look out for in 2024 will be...
Reviving Retro — Ninjalerts CEO Unveils SNES Emulator on Bitcoin Blockchain to Preserve Classic Games
8.1.2024
The chief executive officer of Ninjalerts announced on Monday that a functional Super Nintendo Entertainment System (SNES) emulator has been successfully encoded onto the Bitcoin blockchain. The head of Ninjalerts emphasized that the inscription of the emulator on the Bitcoin network was motivated...
Blackrock Lines up $2 Billion for Spot Bitcoin ETF Launch, Sources Say
7.1.2024
Blackrock, the world’s largest asset manager, has reportedly lined up more than $2 billion for its spot bitcoin exchange-traded fund (ETF) within days of launch. Vaneck’s head of digital assets research and a Bloomberg ETF analyst have independently verified with their sources that Blackrock...
Former SEC Official Warns Spot Bitcoin ETFs Will Create ‘Wall Street Fee-Sucking Scam of Epic Proportions’
28.12.2023
The U.S. Securities and Exchange Commission’s former head of internet enforcement has warned that spot bitcoin exchange-traded funds (ETFs) “will create yet another Wall Street fee-sucking investor scam of epic proportions.” In addition, he stressed that it will likely be the most...
Former SEC Official Says Gary Gensler’s Legacy Could Be the Approval of Spot Bitcoin ETF
24.12.2023
The U.S. Securities and Exchange Commission’s former head of internet enforcement, a crypto skeptic, now believes that the SEC is likely to approve a spot bitcoin exchange-traded fund (ETF). He further expressed that “the legacy of SEC Chair Gary Gensler could be the approval of a spot...
Circle Obtains Conditional Registration in France, Names Operations Leader
22.12.2023
Source: AdobeStock Stablecoin issuer Circle has secured conditional registration as a Digital Asset Service Provider (DASP) from the French Financial Markets Authority (AMF). We have achieved a significant early milestone in establishing our European regulatory platform by securing a conditional...
Gary Gensler Set to Hold Crypto Regulation Talks with Head of South Korea’s Financial Regulator: Report
20.12.2023
Source: Pixabay The head of South Korea’s Financial Supervisory Service plans to meet with SEC Chair Gary Gensler to discuss crypto regulation. According to a report published Monday in South Korean news outlet Chosunbiz, Lee Bok-hyun, head of South Korea’s Financial Supervisory Service (FSS),...
Indian Government is Actively Collaborating With Crypto Industry: Liminal Custody’s Country Head
19.12.2023
Manhar Garegrat, Country Head Liminal Custory As we conclude 2023, the Indian and global crypto industry went through quite a few milestones in terms of regulatory developments. In an exclusive interview with CryptoNews, Manhar Garegrat, the Country Head for India and Global Partnerships of Liminal...
IMF Chief Calls for Clear Crypto Regulation — Warns High Crypto Adoption Could Undermine Financial Stability
16.12.2023
The head of the International Monetary Fund (IMF) has called for clear crypto regulations worldwide, cautioning that high crypto adoption could undermine macro-financial stability. “Our goal is to make a more efficient, interoperable, and accessible financial system by providing rules...