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Galaxy Digital CEO Mike Novogratz Foresees Spot Bitcoin ETF Approval in 2023


Galaxy Digital CEO Mike Novogratz expects a spot bitcoin exchange-traded fund (ETF) to be approved in 2023. “It’s going to get approved, we think it happens this year,” the American investor said on Wednesday. Billionaire and Crypto Investor Mike Novogratz Say There’s Been a ‘Huge Psychological...

Chinese Bank Rolls Out Digital Yuan Supply Chain Financing Solution


More Chinese banks want to use digital yuan-powered smart contracts in their operations, and hope to use the CBDC in the financing of supply chains. Per Xinhua (via the People’s Daily), the Agricultural Bank of China will work on a solution with Luzhou Laojiao. The latter is a traditional alcohol...

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