Switzerland approves its first cryptocurrency fund
The newly approved fund is limited to eligible investors and invests largely in cryptocurrencies or digital assets, also the fund tracks the performance of the 10 largest cryptocurrencies from SIX Swiss Exchange’s Market Index. As local financial authorities give more regulatory permissions for crypto investment vehicles , cryptocurrency usage continues to gain traction in Switzerland. […]
SBI Holdings set to launch Japan’s first cryptocurrency fund
SBI Holdings Japan’s financial giant is all out to launch the country’s first crypto Fund, the fund will invest in Bitcoin, Ripple (XRP), Litecoin, Bitcoin Cash and Ethereum. According to Bloomberg, financial giant SBI Holdings plans to launch Japan’s first digital asset fund by December. The new investment vehicle will have exposure to a number […]