SEC Approves Valkyrie Bitcoin Futures ETF
SEC approved Teucrium’s Bitcoin futures exchange-traded fund (ETF) in April, making it the first of its kind to be approved under the ’33 Act. The Securities and Exchange Commission (SEC) of the United States has approved Valkyrie’s futures exchange-traded fund (ETF) application. This is another ETF that has been approved by the SEC, which has […]
IMF Warns Central African Republic On The Potential Risks Of Bitcoin Adoption
The IMF maintains that the adoption of Bitcoin in the Central African Republic poses legal and economic challenges not only to the country but also to the region. According to the International Monetary Fund (IMF), the Central African Republic’s recent decision to adopt Bitcoin poses several challenges for the country and the region. The global […]
NFT Collectors Sent $37 Billion To NFT Marketplaces As Of May 2022
Despite fluctuating market conditions, NFT collectors are on track to spend more on NFTs in the first half of this year than they will in the entire year of 2021. Collectors of non-fungible tokens (NFTs) have already sent over $37 billion in value to non-fungible token marketplaces this year (as of May 1), nearly doubling […]
Argentina’s Central Bank Sets To Block Crypto Offerings From Banks
Four days after two of Argentina’s largest banks opened their doors to cryptocurrency trading, the central bank intervened to block the offerings. Argentina’s central bank (BCRA) has placed a moratorium on financial institutions offering cryptocurrency trading, just days after two of the country’s largest banks signaled an interest in digital assets. The BCRA stated on […]
Kazakhstan Amends Registration Rules For Crypto Miners
Kazakhstan’s updated regulations come amid a broader crackdown on the crypto mining industry in the Central Asian country, where the influx of miners has been blamed for persistent power shortages. Bagdat Musin, Kazakhstan’s minister of digital development, issued an order expanding the registration and reporting requirements for those minting digital coins. Individual entrepreneurs and legal […]