Facebook is ‘definitely considering’ NFTs, says David Marcus
According to Facebook’s David Marcus, “When you have a good crypto wallet, like Novi will be, you also have to think about how to help consumers support NFTs.” Due to the fact that Facebook is nearing completion of the development of its proprietary cryptocurrency wallet, Novi, the social media giant may soon be able to […]
Bloomberg ETF analysts predict Bitcoin futures ETF approval in October
According to Bloomberg ETF specialists, the Securities and Exchange Commission (SEC) is likely to approve a Bitcoin (BTC) futures exchange-traded product (ETF) before the end of October. On Tuesday, Bloomberg ETF analysts Eric Balchunas and James Seyffart published an investor note speculating that VanEck and ProShares’ unexpected withdrawals of Ether (ETH) futures ETF proposals could […]
Bitcoin adoption in El Salvador may influence remittance in Central America
El Salvador’s Bitcoin (BTC) adoption strategy includes remittance, according to the Central American Bank for Economic Integration (CABEI). The regional development bank, according to Reuters on Tuesday, expects other Central American countries to pay close attention to Bitcoin’s influence on remittance costs in El Salvador . Dante Mossi, CABEI’s executive president, told Reuters that if […]
Korean FSC chief candidate does not see cryptocurrencies as financial assets
Cryptocurrencies are not considered financial assets by Seung-beom Koh, a candidate for chairman of the FSC. He also said that fintech experts across the globe “find it difficult to see virtual currencies as a financial asset.” Fintech specialists from significant organizations such as the G20, the International Monetary Fund, and others “find it difficult to […]
Galaxy Digital and Alerian partners to launch eight crypto indexes
Galaxy Digital Holdings and Alerian have announced the launch of eight crypto-focused blockchain indexes. The indexes are rebalanced and equally weighted on a monthly basis. According to a press release dated Aug. 24, the two have developed two crypto index families, dubbed “Alerian Galaxy Global Blockchain Indexes” and “Alerian Galaxy Global Cryptocurrency-Focused Blockchain Indexes ,” […]