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Leung added that virtual assets futures ETFs will be subject to additional requirements related to management company, investment strategy, disclosure, and investor education. In the initial stage, the underlying assets will be confined to Bitcoin futures and Ether futures traded on the Chicago Mercantile Exchange, Leung said. Source
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Members of the United Kingdom’s House of Lords have introduced legislation aimed at eliminating the need for paper trade documents, increasing the likelihood of using blockchain technology to trace records.In an Oct. 12 announcement, MP Michelle Donelan and the U.K. Department for Digital, Culture, Media and Sport said the Electronic
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The Florida Department of Agriculture and Consumer Services (FDACS) issued a warning sharing insights into identifying robocall scam marketing auto warranties, which includes being asked to pay for the services via gift cards and cryptocurrencies. Consumer complaints against increasing robocall scams — wherein scammers use prerecorded calls to market and sell
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The Japanese government has become one of the first to issue nonfungible tokens (NFTs) as a form of supplementary rewards to recognize the work of local authorities who have excelled at using digital technology to solve local challenges.The awards were handed out by the Cabinet Secretariat, a government agency that
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Binance CEO Changpeng “CZ” Zhao has highlighted the shortcomings of segregated cryptocurrency markets after recent talks with governments from different countries.The global cryptocurrency exchange’s CEO has become increasingly involved in policy discussions with various governments as Binance continues its global expansion. Binance most recently obtained a license to operate in
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The provision in the U.S. infrastructure bill signed into law in November, which will require financial institutions and crypto brokers to report additional information, could reportedly be delayed.According to a Wednesday report from Bloomberg, the United States Department of the Treasury and Internal Revenue Service may not be willing to
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A top Indian Finance Ministry official told reporters that the nation is close to finalizing a consultation paper on crypto after consultations with the IMF, World Bank and others. Original Source
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The crypto community and Wall Street converged last week in Nassau, Bahamas, to discuss the future of digital assets during SALT’s Crypto Bahamas conference. The SkyBridge Alternatives Conference (SALT) was also co-hosted this year by FTX, Sam Bankman-Fried’s cryptocurrency exchange.Anthony Scaramucci, founder of the hedge fund SkyBridge Capital, kicked off
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Summary: Silk Road’s creator Ross Ulbricht will have his debt to the US government wiped off He owes the US Government $183 million, and it will be paid for using $3 Billion in Bitcoin connected to another unnamed Silk Road hacker The figure he owed the government was the amount he was ordered
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Russia’s finance ministry shared the amended and finalized crypto bill
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