Category: Cryptocurrency ETF / Bitcoin ETFs
A Cryptocurrency Exchange Traded Fund or ETF is a fund that is traded on a stock market. The ETFs function as investment funds that allow public access to an index or commodity providing the same profit to investors as the major markets do. In this manner, ETF stocks are one of the most popular with exchange users because of the simplicity for investing in industries without being charged by the fund manager. Before buying a Cryptocurrency ETF, it is important to check what is included in the cryptocurrency fund.
DBS Steps Into Cryptocurrency Industry Offering Cryptocurrency Trading Due To Institutional Demand
Southeast Asia’s largest bank “DBS” is also aiming to gain exposure in the cryptocurrency industry. DBS Launches Crypto Trading The officials at DBS confirmed on…
Kenyan Central Bank Against Reserves’ Conversion Into Bitcoin
Patrick Njoroge, the governor of the Kenyan central bank, believes that it is ‘craziness’ to even think about converting the reserves of the country into…
Brazilian Federal Police Launches Operation Involving 6 Crypto Exchanges
Operation Colossus is a movement that was launched by the Brazilian Federal Police as well as the Brazilian tax authority, which has now entered its…
Binance Hires Former Obama Advisor For Global Advisory Board
The world’s largest crypto exchange announced that it is establishing a Global Advisory Board, essentially a strategic council of experts. Its purpose will be to…
Binance Opening Two Offices In Brazil And Gives Debit Card Hints
The biggest crypto exchange in the world in terms of its trading volumes is Binance and it is currently expanding its operations in Brazil. The…
Wazirx Follows Binance In Delisting USDC Stablecoin
One of the top crypto exchanges in India, WazirX, just announced that it would be delisting stablecoins on its platform, namely USD Coin (USDC), TrueUSD…
FTX CEO Says $1 Billion Available For Acquisitions
The chief executive of crypto derivatives exchange FTX, Sam Bankman-Fried recently appeared for an interview on CNBC’s Squawk Box. During the interview, he revealed that…
Binance Parts With VARUS In Ukraine For Facilitating Crypto Payments
The biggest cryptocurrency exchange in the world, Binance recently announced its partnership with VARUS, which is a grocery store in Ukraine. Thanks to the partnership,…
Bankrupt Celsius Wants To Sell Its Stablecoin Holdings
Crypto lender Celsius Network has been facing an ongoing liquidity crisis, which was first disclosed when it froze customer withdrawals back in June. In the…
Binance Sees Indian Users Increase After New Crypto Tax
Crypto exchange Binance has seen the number of users from Indian rise significantly, after taxes were levied on crypto transactions by the Indian government. However,…
Uruguay Introduces Cryptocurrency Law In Parliament
The executive power introduced a new crypto bill to the Parliament of Uruguay. The purpose of the bill is to seek clarification on the regulation…
US SEC Setting Up Dedicated Office For Reviewing Crypto Filings
The Securities and Exchange Commission (SEC) in the US has decided to set up a dedicated office that will review all filings related to cryptocurrencies….
Investigators Recover $30 Million Stolen In Axie Infinity Hack
One of the biggest hacks to have occurred in the decentralized finance (DeFi) space was the exploit of the Ronin network of Axie Infinity. However,…
Algorand Foundation Has Revealed It Is In Pursuit Of $35 Million Funds Disputed At Hodlnaut
Algorand recently shared its balance sheet where it has revealed an enormous balance hole. The blockchain infrastructure has revealed that it has a void of…
SkyBridge Capital and FTX Ventures Sign a Deal
In recent years, Sam Bankman-Fried has grown to be a highly influential personality in the world of the crypto-blockchain industry. However, his aim is limited…
Tax Authority In Brazil Registers High Number Of Crypto Statements
The tax authority in Brazil (RFB) recently disclosed the number of cryptocurrency statements that it received in the month of July. The month saw more…
Argentinian Tax Authority Wins Case For Confiscating Funds From Digital Account
A historic win was recorded by the tax authority in Argentina in regard to a case of seizing the funds from a digital account that…
President Of Paraguay Vetoes Crypto Bill
Mario Abdo, the President of Paraguay, vetoed a crypto bill that had recently received approval. According to the president’s veto degree, crypto mining is a…
Celsius Clients Ask US Courts To Recover Crypto Worth $22.5 Million
The legal issues seem to be filing up for crypto lender Celsius Network, which is in the midst of bankruptcy proceedings. Disgruntled clients of the…
Siam Commercial Has Withdrawn Its Decision To Acquire Stake In Crypto Exchange
The oldest bank in Thailand, Siam Commercial seems to have taken a step back from purchasing a majority stake in Bitkub. The bank has announced…
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