VanEck Prepares to Launch Ethereum Futures ETF (EFUT)
The VanEck Ethereum Strategy ETF is an exchange-traded fund that the financial management company VanEck announced plans to launch on September 28. This actively managed ETF focuses on Ethereum (ETH) futures contracts to capitalize on capital growth. Greg Krenzer, head of active trading at VanEck, will oversee the ETF’s CBOE listing. Nevertheless, it’s important to […]
Kraken to Launch Stock Trading in 2024
Crypto exchange Kraken plans to launch a new stock trading service in 2024 through a newly formed division called Kraken Securities. Customers who satisfy the criteria will have immediate access to a portfolio balance of equities, cryptocurrencies, and ETFs. While the exchange interests the American and British markets, it will require government approval to trade […]
Tecpetrol Turns Gas Flares to Crypto Goldmine
Oil producer Tecpetrol has announced plans to mine cryptocurrency using associated gas from its oil fields close to Vaca Muerta. The launch of this program is anticipated for late October or early November. By converting associated gas into energy to power mining rigs, the business, a prominent player in the oil and gas industry in […]
NiceHash Becomes Latest Crypto Firm to Leave U.K.
In a message sent to subscribers, the cloud mining company NiceHash announced that it will stop offering its services in the United Kingdom. On October 10, 2023, the company announced that it would stop offering services to subscribers in the United Kingdom. After that date, people living in the U.K. won’t be able to establish […]
KeyRock Secures Swiss Regulatory Clearance
Belgian crypto market maker Keyrock has secured a key regulatory approval from the Swiss Financial Services Standards Association (VQF). The VQF is responsible for upholding anti-money laundering regulations in Switzerland. Keyrock has complied with all applicable local legislation in Switzerland. Keyrock has been permitted to operate in Switzerland as a financial intermediary and offer its […]