The measure becomes a new step by the regional authorities of the Chinese province to open up to international capital from crypto investors. By next April 15, the Hong Kong Securities and Futures Commission will approve the first batch of Bitcoin spot ETFs. Meanwhile, the local and regional crypto community applauded the announcement, which opens […]
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Senators Gillibrand and Lummis will present new legislation on the regulation of stablecoins, with the aim of promoting financial innovation. The bill addresses regulatory conflicts, classifies stablecoins, and establishes strict issuance conditions to combat bad practices. Gillibrand highlights the balance of the legislation and its potential to integrate cryptocurrencies into the overall financial system. Senators […]
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VanEck CEO predicts rejection of Ethereum spot ETFs by the SEC in May, despite being one of the first to apply. The SEC’s guideline to postpone decisions on Ethereum spot ETF applications suggests reluctance. Regardless of the outcome, asset management firms remain committed to pursuing spot Ethereum ETFs. The fate of spot Ethereum (ETH) exchange-traded […]
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Sun’s question comes in the wake of rapid technological advances in artificial intelligence technology. Justin Sun highlighted that AI’s ability to murder a billion people would make it a ruler. In a recent post on social media platform X, Tron founder Justin Sun asked an intriguing question about when Artificial Intelligence (AI) would kill the […]
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Two major Chinese investment funds are filing for spot Bitcoin ETFs in Hong Kong. This development comes as interest in US spot Bitcoin ETFs appears to be waning. Hong Kong’s ties to China raise questions about long-term regulatory sustainability. Two of China’s investment giants, Harvest Fund and China Southern Fund, are seeking spot Bitcoin exchange-traded […]
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