Singapore’s DigiFT Becomes First Regulated Public Blockchain Exchange for Asset Tokenization

Singapore-based digital assets exchange DigiFT has become the first regulated public blockchain exchange for asset tokenization in the country. The exchange has received a Capital Market Services (CMS) license and has been recognized as a Recognized Market Operator (RMO) by the Monetary Authority of Singapore. This license allows DigiFT to handle regulated activities involving securities […]

Taiwan’s Financial Regulator Considers Allowing Crypto ETFs Following Global Market Analysis

Taiwan’s Financial Supervisory Commission (FSC) is considering allowing crypto exchange-traded funds (ETFs) in the country. Currently in the exploratory phase, the FSC is closely monitoring the development of ETFs in other markets, such as the United States, Canada, and Australia. The FSC also acknowledges the launch of cryptocurrency futures commodities on various stock exchanges. While […]

Taiwan’s Financial Regulator Considers Allowing Crypto ETFs Following Global Market Analysis

Taiwan’s Financial Supervisory Commission (FSC) is considering allowing crypto exchange-traded funds (ETFs) in the country. Currently in the exploratory phase, the FSC is closely monitoring the development of ETFs in other markets, such as the United States, Canada, and Australia. The FSC also acknowledges the launch of cryptocurrency futures commodities on various stock exchanges. While […]

BlackRock Secures $100,000 Seed Funding for Bitcoin ETF, Reveals Plans to Pay Sponsor’s Fee

The world’s largest asset manager, BlackRock, has received $100,000 in seed funding for its spot Bitcoin exchange-traded fund (ETF). The funding came from an unknown investor and was disclosed in a recent Securities and Exchange Commission filing. The investor agreed to purchase $100,000 worth of shares in the ETF, which will allow the creation of […]

BlackRock Secures $100,000 Seed Funding for Bitcoin ETF, Reveals Plans to Pay Sponsor’s Fee

The world’s largest asset manager, BlackRock, has received $100,000 in seed funding for its spot Bitcoin exchange-traded fund (ETF). The funding came from an unknown investor and was disclosed in a recent Securities and Exchange Commission filing. The investor agreed to purchase $100,000 worth of shares in the ETF, which will allow the creation of […]

Ken Griffin Faces Criticism Amidst Growing Controversy Surrounding Citadel Securities and PFOF

Citadel Securities, led by billionaire founder Ken Griffin, has emerged as the largest market-maker on the New York Stock Exchange. The company specializes in high-frequency trading, where transactions occur in fractions of a second, capitalizing on minimal price deviations that exist for mere milliseconds. This lightning-fast approach, coupled with access to vast amounts of data, […]

Ken Griffin Faces Criticism Amidst Growing Controversy Surrounding Citadel Securities and PFOF

Citadel Securities, led by billionaire founder Ken Griffin, has emerged as the largest market-maker on the New York Stock Exchange. The company specializes in high-frequency trading, where transactions occur in fractions of a second, capitalizing on minimal price deviations that exist for mere milliseconds. This lightning-fast approach, coupled with access to vast amounts of data, […]

Bitwise and BlackRock Update Filings for First US Spot Bitcoin ETF

Bitwise and BlackRock, two major asset managers, have submitted updated filings to securities regulators for their spot Bitcoin exchange-traded fund (ETF) proposals. This comes as at least ten asset managers are looking to offer a spot Bitcoin ETF. The filings address concerns raised in recent discussions between the SEC and ETF applicants. Bloomberg ETF analyst […]

Bitwise and BlackRock Update Filings for First US Spot Bitcoin ETF

Bitwise and BlackRock, two major asset managers, have submitted updated filings to securities regulators for their spot Bitcoin exchange-traded fund (ETF) proposals. This comes as at least ten asset managers are looking to offer a spot Bitcoin ETF. The filings address concerns raised in recent discussions between the SEC and ETF applicants. Bloomberg ETF analyst […]

Tax Authorities Worldwide Crack Down on Crypto Holdings

Last week, tax authorities in the United Kingdom, Spain, and Brazil made announcements regarding the taxation of cryptocurrency holdings. In the UK, HMRC demanded that hodlers declare any previously unreported crypto holdings and reminded taxpayers of the daily interest charged on late payments. Spanish citizens were reminded of their obligation to declare crypto, even if […]