Cryptocurrency Analysis and News Portal
SEC Chairman Gary Gensler has shared why the U.S. Securities and Exchange Commission (SEC) decided to approve a bitcoin futures exchange-traded fund (ETF) to trade on the NYSE. Meanwhile, the Commission has not approved a spot bitcoin ETF. Why SEC Approves Bitcoin Futures ETF As the first futures-based bitcoin exchange-traded fund (ETF)
Read More
Jacobi Asset Management, a London-based multi-asset investment platform, received approval from the Guernsey Financial Services Commission (GFSC) to launch a Bitcoin (BTC) exchange-traded funds (ETF). Speaking to Cryptox, Jacobi Asset Management CEO Jamie Khurshid said that the regulatory clarity helps corporates and institutions to get involved in Bitcoin investments safely without
Read More
After years of trial and error by would-be fund sponsors, cryptocurrency investing is finally opening up to the masses with the tacit U.S. approval of a bitcoin exchange-traded fund.The Securities and Exchange Commission (SEC) greenlighted bitcoin futures ETFs in a first for the industry on Friday, after the regulator’s five
Read More
The SEC’s approval of the fund, which will trade under the ticker BTCR, comes just days after the regulator delayed its decision on four bitcoin ETFs—GlobalX, WidsomTree, Kryptoin, and Valkyrie—to late November at the earliest. While the SEC kicks the crypto-can down the road, bitcoin ETF applications are piling up:
Read More
The United States Securities and Exchange Commission, or SEC, has approved the Volt Crypto Industry Revolution and Tech ETF, providing investors with easy access to companies with significant exposure to Bitcoin (BTC).The exchange-traded fund, which was approved on Tuesday, is intended to track so-called “Bitcoin Industry Revolution Companies,” which are
Read More
A federal court in Abuja, Nigeria, approved the rollout of the country’s central bank digital currency (CBDC), the eNaira.The decision was disclosed Oct. 2 by Justice Taiwo Abayomi, state-run broadcaster Voice of Nigeria reported SundayThe Central Bank of Nigeria had previously received a cease and desist letter concerning the name
Read More
The Nigerian Federal High Court joins the growing list of regulators across the globe to approve the rollout of a central bank digital currency (CBDC) as a legal tender. Named eNaira, the digital currency will be issued by the central bank and supported by a homegrown eNaira wallet. Nigeria’s CBDC issuance
Read More
El Salvador’s Legislative Assembly has passed legislation creating a $150 million dollar Bitcoin Trust and supporting the development of crypto infrastructure and services across the country. The bill passed on Aug. 31, with 64 officials voting in favor and 14 opposing the trust’s creation. The Trust is designed to facilitate conversion
Read More
The Information Commissioner’s Office has approved GlobalSign as the UK’s first qualified trust service provider [QTSP] under the UK eIDAS Regulations. Trust services
Read More