Asset managers cut fees for European Bitcoin ETFs as competition grows

Asset management firms have cut fees on their Bitcoin exchange-traded funds (ETFs) in Europe by over 60% to compete with products now available to U.S. investors.

Asset managers cut fees for European Bitcoin ETFs as competition grows

In an interview with the Financial Times, Gary Buxton, Invesco head of ETFs for Europe, the Middle East and Africa, and Asia Pacific, said many ETF providers have lowered the...

7 months ago

Democrat Rep. Maxine Waters Raises Concerns Over Meta’s Continued Crypto Ventures

Meta’s Five Application Filings

Democrat Rep. Maxine Waters Raises Concerns Over Meta’s Continued Crypto Ventures

Rep. Maxine Waters has expressed significant concerns over Meta’s continued involvement in the digital asset sector. In a detailed letter addressed to Meta CE...

7 months ago

Two presidential longshots are left waving the crypto flag, plus a wildcard

Within a week, the crypto industry lost two pro-crypto presidential hopefuls, though there’s some hope Donald Trump could be a secret wildcard for crypto.

Two presidential longshots are left waving the crypto flag, plus a wildcard

The recent departures of Vivek Ramaswamy and Ron DeSantis from the United States presidential race has left just two pro-crypto longshots in the running — though there’s some hope th...

7 months ago

Ripple CEO Slams Gary Gensler and SEC, Says ChatGPT Can Make Better Rules

Brad Garlinghouse continues to criticize SEC chair Gary Gensler over his unfavorable crypto regulation, as he suggests that the U.S. should leverage ChatGPT to get tips on how to regulate the industry.

Ripple CEO Slams Gary Gensler and SEC, Says ChatGPT Can Make Better Rules

Ripple CEO Brad Garlinghouse has slammed Gary Gensler, the United States Securities and Exchange Commission (SEC) chairman, over his unfavorable regulatory approach in the crypto space.

8 months ago

EU Provisionally Agrees Tough Crypto Due Diligence Measures to Combat Money Laundering

Crypto firms have to do checks on transactions of 1,000 euro or more, and the framework adds measures to mitigate risks in transfers with self-hosted wallets.

EU Provisionally Agrees Tough Crypto Due Diligence Measures to Combat Money Laundering

Policymakers in the European Union on Wednesday reached a provisional deal on parts of a comprehensive regulatory package to combat money laundering that will force all crypto firms to...

8 months ago

Multiple US Senate bills object to CBDC definition as ‘money’

The bills could create significant roadblocks to a CBDC in the United States.

Multiple US Senate bills object to CBDC definition as ‘money’

Bills against referring to central bank digital currency (CBDC) as money have been filed in the states of Utah, South Carolina, South Dakota and Tennessee. The bills would exclude a CBDC from th...

8 months ago

US bitcoin ETFs see $4.6B in volume in first day of trading

Low fees by issuers spark race for market share

US bitcoin ETFs see $4.6B in volume in first day of trading

Jan 11 (Reuters) - U.S.-listed bitcoin exchange-traded funds (ETFs) saw $4.6 billion worth of shares trade hands as of Thursday afternoon, according to LSEG data, as investors jumped into the la...

8 months ago

Elon Musk initially disses, then considers using Bitcoin on Mars

Multibillionaire entrepreneur Elon Musk says it could be possible to use Bitcoin on Mars, though the transaction settlement speed could pose challenges.

Elon Musk initially disses, then considers using Bitcoin on Mars

While initially resistant to the idea of using Bitcoin BTC $46,290  as currency on Mars, Tesla CEO and SpaceX founder Elon Musk may have just come around on the matter &...

8 months ago

Turkey nears completion of comprehensive crypto regulation framework

The Turkish government is set to establish legal definitions for key cryptocurrency concepts, regulate trading platforms through licensing, and align with the standards of the Financial Action Task Force (FATF).

Turkey nears completion of comprehensive crypto regulation framework

In an interview with the Anadolu Agency on Jan. 10, Turkish Minister of Treasury and Finance Mehmet ÅžimÅŸek confirmed that the cryptocurrency framework tailored for the Turkish market i...

8 months ago

JPMorgan CEO's Bitcoin Bashing Is a 'Do as I Say, Not as I Do' Situation

Jamie Dimon's bank agreed to play a key role with BlackRock's proposed bitcoin ETF, just weeks after he told U.S. senators: "I've always been deeply opposed to crypto, bitcoin, etc."

JPMorgan CEO's Bitcoin Bashing Is a 'Do as I Say, Not as I Do' Situation

JPMorgan Chase CEO Jamie Dimon has dumped on cryptocurrencies for years. "I've always been deeply opposed to crypto, bitcoin, etc.," he said during a U.S. Senat...

8 months ago

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