A recent report indicates that spot bitcoin exchange-traded funds (ETFs) are poised to receive approval from Hong Kong regulators as early as this Monday, as stated by “people familiar with the matter.” Harvest, Hashkey and Bosera ETFs Likely to Debut in Hong Kong Next Week Following the approval of 11 spot bitcoin ETFs in the […]
El Salvador Has More Bitcoin Than Public Estimates With Multiple BTC Revenue Sources, President Bukele Indicates
President Nayib Bukele of El Salvador has indicated that his country’s bitcoin holdings may exceed public estimates. He revealed that El Salvador has been generating bitcoin-related revenue from various sources in addition to the capital gains from bitcoin purchased since its legalization as a legal tender in the country. ‘El Salvador Is Bitcoin Country’ El […]
Blackrock Lines up $2 Billion for Spot Bitcoin ETF Launch, Sources Say
Blackrock, the world’s largest asset manager, has reportedly lined up more than $ 2 billion for its spot bitcoin exchange-traded fund (ETF) within days of launch. Vaneck’s head of digital assets research and a Bloomberg ETF analyst have independently verified with their sources that Blackrock has a “big day one” capital lined up for …
SEC Could Approve Spot Bitcoin ETFs by Tuesday or Wednesday, Sources Say
The U.S. Securities and Exchange Commission (SEC) could make a decision regarding the approval of spot bitcoin exchange-traded funds (ETFs) on Tuesday or Wednesday, according to a report. Anticipation for the first-ever U.S. spot bitcoin ETFs intensified last week as prominent asset managers updated their filings with the SEC. Green Light Imminent? SEC Could Make […]
Lightspark Open Sources Email-Like Protocol UMA; Raises Debate on Compliance
Lightspark, a Lightning Network (LN) financial services company, has announced it has open-sourced Universal Money Address (UMA), a protocol similar to email, but for money. The protocol will be interoperable, allowing platforms to exercise due compliance on the transactions facilitated, an inclusion criticized by the Bitcoin community on social media. Lightspark Opens UMA Protocol Lightspark, […]