Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On May 13, Hong Kong’s six spot Bitcoin and Ether exchange-traded funds (ETFs) recorded their largest net outflows since their launch on April 30. Investors withdrew $39.3 million from these Hong Kong crypto… Continue reading Hong Kong Crypto ETFs Records $39.3M Net Outflow in a Single Day
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Two Bitcoin Whales’ wallets, which have been dormant for a decade, suddenly became active on May 12, as they transferred a total of 1,000 BTC, currently valued at approximately $61.2 million. Bitcoin Whales’… Continue reading Long-Dormant Bitcoin Whales Shift $61.2M in BTC After a Decade
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Canada’s financial regulator announced on May 9 that it had imposed a nearly C$6 million (approximately $4.4 million) fine on global exchange Binance for breaching the money laundering and terrorist financing laws in… Continue reading Binance Hit with $4.4M Fine by Canadian Regulator for AML and CFT Breaches
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. In alignment with Rwanda’s aspirations for a digital economy and its ongoing digital transformation, the National Bank of Rwanda (BNR) opened its completed feasibility study on retail Central Bank Digital Currency (CBDC) on… Continue reading National Bank of Rwanda Takes Leap to Introduce CBDC
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Grayscale, a major crypto asset manager, has scrapped its proposal to launch an Ethereum futures exchange-traded fund (ETF). The company withdrew its application for a rule change to the Securities and Exchange Commission… Continue reading Grayscale Withdraws Application for Ethereum Futures ETF Approval from SEC
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Rostin Behnam, chair of the United States Commodity Futures Trading Commission (CFTC), stated on May 6 that regulators will likely maintain a stringent approach toward cryptocurrency firms as long as the market attracts… Continue reading CFTC chair Rostin Behnam Expects Crackdown on Cryptocurrency Firms to Continue
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Bitcoin network has processed its one billionth transaction, a major event in the cryptocurrency’s 15-year existence. This milestone was achieved on May 5, 2024, at 9:34 pm UTC. Bitcoin Network Secures Achievement… Continue reading Bitcoin Network Reaches Historic Milestone with 1 Billion Transactions
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On May 1, Ryan Salame, the former co-chief executive of FTX Digital Markets, an affiliate of the bankrupt exchange FTX, agreed to forfeit his $5.9 million house in the Bahamas to FTX Digital… Continue reading Former FTX Executive Ryan Salame Forfeits $5.9M Bahamas House to Settle Criminal Charges
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Oregon Division of Financial Regulation announced on April 30 that it had revoked the Binance.US license, as the exchange is no longer permitted to accept money for transmission, hold funds, or facilitate… Continue reading Oregon Becomes the Sixth US State to Revoke Binance.US License to Operate
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On April 30, Yimei Li, the CEO of China Asset Management, expressed that the introduction of Hong Kong crypto ETFs would “open the door” for individuals holding Chinese Yuan (RMB) who are seeking… Continue reading Hong Kong Crypto ETFs Touted to Create Opportunities for Chinese Investors
