Vaneck Updates Spot Bitcoin ETF Filing with “Hodl” Ticker
VanEck has submitted an updated spot Bitcoin ETF filing with the SEC, listing the ETF with the ticker HODL. The firm expects an approval by January 2022. VanEck, an ETF and mutual fund manager, has announced a significant update to its spot Bitcoin exchange-traded fund (ETF) filing with the U.S. Securities and Exchange Commission (SEC). […]
Competition and Markets Authority Probes Microsoft Over OpenAI Deal
Competition and Markets Authority (CMA), the United Kingdom’s Antitrust authority, is contemplating opening a merger investigation into the multibillion-dollar partnership between Microsoft and OpenAI. In response to this declaration, Microsoft stated that it serves solely as a non-voting observer on the board of the ChatGPT manufacturer. The investigation declaration follows the ChatGPT developer’s disclosure that […]
NFT Trading Volume Reportedly Reaches $1B in Crypto Market Bull Run
Nonfungible token (NFT) trading has begun to follow the bullish trend in cryptocurrency markets, with a volume approaching $1 billion in November, according to data from the dApp monitoring platform DappRadar. According to the report, the NFT sector maintained upward momentum for the second month. In November, trading volume increased by 125%, indicating a change […]
BBVA Switzerland to Migrate its Crypto Custody Service to Harmonize
BBVA Switzerland, the Swiss branch of one of the largest Spanish banks, has announced that it will utilize the Harmonize platform from Ripple-owned technology company Metaco to store cryptocurrency for institutional investors. BBVA, which has been a custody provider for Bitcoin and Ether since 2021, migrated its infrastructure to Harmonize on December 7 to increase […]
Kazakhstan FMA Blocks 980 Unlicensed Crypto Exchanges in 2023
In 2023, Kazakhstan’s Financial Monitoring Agency (FMA) obstructed access to 980 unregistered cryptocurrency exchanges catering to Kazakhstani citizens. The government website announced on December 7 that the FMA denied access to 980 unauthorized platforms in 2023. The organization also initiated nine investigations about “illegal exchange operations” and money laundering. Ruslan Ostroumov, chairman of the FMA, […]