Source: CoinDesk One of the issuers waived management fees for the first six months, undercutting rival offerings. Hong Kong regulators approved ETFs by Harvest Global Investments, China Asset Management and a jointly managed product of Bosera Asset Management and HashKey Capital. The products could start trading on April 30, Bloomberg reported Management fees of the… Continue reading Spot Bitcoin, Ether ETFs Get Official Approval in Hong Kong; ‘Potential Fee War’ Unfolding, Says Analyst
Year: 2024
Banks could flood into stablecoins if new bill passes: S&P Global
Source: Cointelegraph The Lummis-GillibrandPayment Stablecoin Act introduced to the Senate could see big banks encouraged to take steps into the stablecoin market, says S&P Global Ratings. A new stablecoin-focused bill introduced to the United States Senate could “encourage” U.S. banks to step into the stablecoin market, says global ratings firm S&P Global Ratings. In an… Continue reading Banks could flood into stablecoins if new bill passes: S&P Global
Venom Blockchain and United Network Forge Strategic Partnership to Power Next-Generation Payment Systems
Source: Macau Business Venom Blockchain and United Network have joined their strengths to create a revolutionary blockchain-powered payment infrastructure in a groundbreaking move that could redefine the future of global payments. This unique partnership aims to harness the speed and security of blockchain to transform the use of Central Bank Digital Currencies (CBDCs) and stablecoins.… Continue reading Venom Blockchain and United Network Forge Strategic Partnership to Power Next-Generation Payment Systems
APAC nations move on digital transformation, but at varying speeds
Source: Biometric Update Leaders roll out programs and timelines as ‘digital government’ becomes redundant Governments in the Asia-Pacific region are on trend in pursuing digital transformation initiatives, according to new analysis from Gartner naming digital identity ecosystems and adaptive security among the top five government technology trends for 2024. In Sri Lanka, Indonesia, Malaysia, the… Continue reading APAC nations move on digital transformation, but at varying speeds
Bitcoin Halving Party Unites Art And Tech At Warsaw Bitcoin FilmFest
Source: Forbes The 2nd Annual Bitcoin FilmFest in Warsaw coincided with the bitcoin halving at block 840,000, an important event where the rewards for mining bitcoin are cut in half. This European Halving Party celebrated cinematic achievements while illustrating the close ties between money, technology, and sustainability. Set against the historical backdrop of Warsaw, a… Continue reading Bitcoin Halving Party Unites Art And Tech At Warsaw Bitcoin FilmFest
Hedera’s HBAR Doubles on Misinterpretation of BlackRock Announcement, Then Falls 25%
Source: CoinDesk The market gave back some of its earlier gains after realizing BlackRock wasn’t directly involved in the tokenization on Hedera’s blockchain. Hedera’s HBAR token rallied Tuesday after a foundation supporting the project announced that BlackRock’s U.S. Treasury money market fund had been tokenized on the Hedera blockchain. The token gave back some of… Continue reading Hedera’s HBAR Doubles on Misinterpretation of BlackRock Announcement, Then Falls 25%
Blockchain Association and crypto activist group sue SEC over ‘Dealer Rule’
Source: Cointelegraph The Blockchain Association and a Texas-based crypto activist group are suing the SEC over its controversial “Dealer Rule” expansion, arguing it threatens the digital asset industry and innovation. The Blockchain Association (BA) and the Crypto Freedom Alliance of Texas (CFAT) revealed a new lawsuit against the United States Securities and Exchange Commission (SEC)… Continue reading Blockchain Association and crypto activist group sue SEC over ‘Dealer Rule’
Thailand to Block Access to ‘Unauthorized’ Crypto Platforms
Source: CoinDesk The Thai SEC cited earlier decisions by nations like India and the Philippines in blocking unauthorized platforms. Thai authorities have decided to block “unauthorized” crypto platforms. The authorities have not named the entities they see as unauthorized, but have asked users to quickly withdraw their assets. Authorities in Thailand have decided to block… Continue reading Thailand to Block Access to ‘Unauthorized’ Crypto Platforms
Crypto Exchange Woo X Claims a First With Tokenized Treasury Bills for Retail Investors
Source: CoinDesk The Woo X RWA Earn Vaults have been built in partnership with institutional tokenization firm OpenTrade. Crypto exchange Woo X says this is the first time tokenized T-Bills will be available to retail customers. The exchange recently began offering index-linked meme-coin perpetuals with market maker Wintermute. Woo X is claiming bragging rights for… Continue reading Crypto Exchange Woo X Claims a First With Tokenized Treasury Bills for Retail Investors
Billionaire Mark Cuban Issues Post-Halving Bitcoin Warning Amid ‘Unprecedented’ Crypto Fee Price ‘Chaos’
Source: Forbes BitcoinBTC 0.0% has successfully completed its fourth halving supply cut—coming as one legendary billionaire predicts “rapid, cataclysmic” U.S. collapse. The bitcoin price has so far defied warnings that the bitcoin halving could trigger a “raging fire sale,” bouncing back from under $60,000 per bitcoin this week to around $65,000. Now, bitcoin miners and… Continue reading Billionaire Mark Cuban Issues Post-Halving Bitcoin Warning Amid ‘Unprecedented’ Crypto Fee Price ‘Chaos’
