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British authorities split on banning sale of crypto investment products

The policy decision-makers in the United Kingdom got split on whether the sale, marketing, and distribution of derivatives and exchange-traded notes (ETNs) tied with cryptocurrencies should be prohibited when it comes to retail investors. The Regulatory Policy Committee believes the measure, adopted in 2021, to be unjustified under current circumstances. The

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Hong-Kong investment fund raises $500M to push mass adoption in Web3

Despite the ongoing crypto winter, which has affected many businesses in the greater Web3 space, investments continue pouring into the space.On Jan. 17, the Hong Kong-based global asset manager HashKey Capital announced the closing of a $500 million investment round for its FinTech Investment Fund III. According to the company,

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Hungarians Interested in Investment Potential of Cryptocurrencies, Poll Shows – Bitcoin News

A survey has indicated that Hungarians would like to learn more about the long-term investment opportunities presented by cryptocurrencies. However, associated risks and insufficient information in their native language are major concerns, according to the polled. Hungarians Want to Know How Crypto Profits Are Taxed and What Rules Apply to Such

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Samsung investment arm to launch Bitcoin Futures ETF amid rising crypto interest

In Hong Kong, the bell rings for Bitcoin (BTC). Samsung Asset Management Hong Kong (SAMHK), a subsidiary of Samsung's investment arm Samsung Asset Management, is set to list the "Samsung Bitcoin Futures Active ETF" on the Hong Kong stock market on Jan. 13. The move comes amid a surge in

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Microsoft in Talks Regarding $10B Investment in ChatGPT Creator

Computer software behemoth Microsoft plans to invest a substantial sum in OpenAI – the creator of ChatGPT.Microsoft (NASDAQ: MSFT) is reportedly lining up $10 billion to invest in ChatGPT owner and creator OpenAI. According to people familiar with the matter, the multinational tech corporation is talking with OpenAI regarding this investment. Should the

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Cryptocurrency Rose Ranks in Popularity as Investment Option in Chile in 2022 – Finance Bitcoin News

Cryptocurrencies rose in popularity in Chile, according to a survey from global consulting firm Bain & Company. The survey found that crypto is ranked as the third most popular investment asset among Chileans, only behind investment funds, which were the most popular investment option, and real estate, which ranked second. Popularity

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