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South Korea’s Democratic Party to Introduce ETF and Digital Finance Reforms
8.4.2024
South Korea’s Democratic Party of Korea (DPK) is eager to relax regulations on exchange-traded funds (ETFs), including those tied to spot bitcoin, despite resistance from the People Power Party (PPP). Although election concerns have temporarily halted the initiative, a crucial poll is set...
Digital Asset Investment Products Attract $646M, Pushing YTD Inflows to Record $13.8B
8.4.2024
A total of $646 million poured into crypto products last week, pushing the year-to-date inflows to an unprecedented $13.8 billion and surpassing the previous year's total of $10.6 billion.
The post Digital Asset Investment Products Attract $646M, Pushing YTD Inflows to Record $13.8B appeared first...
Russian Fintech Startups Join Digital Ruble Pilot
8.4.2024
Russian fintech firms have begun joining the country’s rapidly progressing digital ruble pilot as the Central Bank looks to widen the scope of its CBDC project.
The post Russian Fintech Startups Join Digital Ruble Pilot appeared first on Cryptonews
NFT Sales Slide Continues Amid Record Crypto Volumes, Marking Fourth Week of Decline
6.4.2024
Over the past week, sales volume for non-fungible tokens (NFTs) experienced another week-on-week decrease, marking a 13.72% reduction. This downturn marks the fourth consecutive week of declining NFT sales, a stark contrast to the record-breaking achievements witnessed throughout other sectors...
India’s Digital Rupee Expands: Non-Banks to Offer Central Bank Digital Currency Wallets
6.4.2024
India’s central bank has announced that it will enable non-bank payment system operators to offer central bank digital currency (CBDC) wallets. Noting that “necessary changes will be made to the system to facilitate this,” the Reserve Bank of India (RBI) said the initiative...
DWS, Galaxy Digital List Exchange-Traded Commodities Offering BTC, ETH Exposure in Germany
5.4.2024
The products, which track the performance of the two largest cryptocurrencies by market value, carry a fee of 0.35% and were listed on the Deutsche Boerse on Thursday
Finally, A Game That Lets Me Live Out My Millenium-Era Reality TV Dreams
5.4.2024
In 2007, I graduated high school with one stand-out senior superlative: Most Likely To Be On Reality TV. Since then, I’ve come close (I was nearly on Peacock’s The Traitors, but couldn’t take off from work, and skipped out on being a human canvas on a certain tattoo TV series because I was...
Bitcoin’s Acceptance as 'Digital Gold' May Spur Demand From New Investors: Coinbase
5.4.2024
Gold has outperformed after the Federal Reserve expressed a cautious stance on the pace of future interest-rate cuts, the report said
Navigating the technology landscape: Understanding the latest digital innovations
5.4.2024
In the current era, the technological landscape has experienced a huge increase in technological advancements brought by important breakthroughs in AI, quantum computing, blockchain technology, and autonomous systems. With this rapid evolution came a complex and rapidly evolving landscape with...
Roku’s New HDMI Tech Could Show Ads When You Pause Your Game
4.4.2024
A new patent recently filed by TV and streaming device manufacturer Roku hints toward a possible future where televisions could display ads when you pause a movie or game.Read more
Galaxy Digital to Debut $100 Million Crypto Fund Initiative
4.4.2024
Galaxy Digital, a cryptocurrency venture capital firm, is in talks with third parties to launch its first cooperative crypto investment fund. The fund, called Galaxy Ventures Fund I, LP, will focus on crypto projects still in their early stages and is seeking to raise and allocate $100 million...
Bank of England and FCA Launch Digital Securities Sandbox Consultation for DLT Testing
4.4.2024
The Bank of England and the UK’s FCA have commenced a consultation process regarding the draft guidance for their Digital Securities Sandbox.
The post Bank of England and FCA Launch Digital Securities Sandbox Consultation for DLT Testing appeared first on Cryptonews
First Mover Americas: Galaxy Digital to Raise $100M for New Fund
4.4.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for April 4, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Galaxy Digital to create a $100M fund for early-stage crypto firms
4.4.2024
Galaxy Digital, a prominent player in cryptocurrency and blockchain investments, has unveiled plans to launch a $100 million fund to back early-stage crypto companies. With this move, Galaxy Digital is demonstrating its belief in the potential for new ventures within the quickly developing digital...
Digital Asset Platform With Ex-Goldman Partner as Co-Founder Gets Bahrain Crypto License
3.4.2024
ARP Digital says its the "first and only Central Bank-licensed OTC service provider specialized in digital asset-structured products."
Galaxy Plans to Raise $100M for Crypto Venture Fund
3.4.2024
UK Regulators Publish Draft Guidance on Digital Securities Sandbox Open to DLT
3.4.2024
The DSS will last five years and could lead to a new regulatory regime for securities settlement
Lithuania’s Fintech Haven to Cull Crypto Firms Under New Licensing Rules
3.4.2024
Lithuania intends to implement a rigorous licensing process for crypto companies currently operating within its jurisdiction. This initiative, scheduled to commence next year, is expected to result in the removal of many digital asset companies.
The post Lithuania’s Fintech Haven to Cull...
Galaxy Digital-Owned Crypto Custody Specialist GK8 Unveils Tokenization Wizard
3.4.2024
The first client to use the tool will be a partnership between asset manager DWS, Flow Traders and Galaxy to manage a fully collateralized euro-denominated stablecoin, GK8 said
Singapore Imposes New Rules for Digital Payment Token Services
3.4.2024
Singapore’s central bank, the Monetary Authority of Singapore (MAS), has announced amendments to the Payment Services Act to impose additional requirements on digital payment token service providers and broaden the scope of regulated services. The central bank warned that entities that do...