Skip to main content

News – Archive


UK Passes Bill Recognizing Crypto as Regulated Financial Activity

UK Passes Bill Recognizing Crypto as Regulated Financial Activity

The UK has officially passed the Financial Services and Markets Act 2023 The bill recognizes crypto as a regulated financial activity within the country The act received royal assent and was approved by King Charles on Thursday The move places the UK ahead of the US in terms of acceptance UK brings regulations to crypto The Financial Services and Markets Bill (FSMB) received Royal Assent from King Charles on Thursday. The…
HSBC Hong Kong - ETF Bitcoin

HSBC Hong Kong Enables Trading of Bitcoin and Ethereum ETFs

HSBC Hong Kong has enabled the trading of Bitcoin and Ethereum ETFs listed on Hong Kong’s stock exchange. The bank is offering three specific cryptocurrency ETFs: CSOP Bitcoin Futures, CSOP Ethereum Futures, and Samsung Bitcoin Futures Active. The move aims to expand local users’ exposure to cryptocurrencies in Hong Kong. HSBC Hong Kong, the largest bank in Hong Kong, has allowed its customers to buy and sell exchange-traded fund…
| , , , , ,
Blackrock

The Untold Story of BlackRock and Bitcoin

In a recent Twitter thread by the popular technology and cryptocurrency influencer and popular communicator @Techconcatalina, it was revealed that BlackRock and other major banks have been quietly buying Bitcoin even before an ETF was available. While the SEC was busy accusing Binance and Coinbase, these banks were increasing their exposure to cryptocurrency. BlackRock, Ba…
Grayscale Bitcoin Trust GBTC

Grayscale Bitcoin Trust Gets a Bullish Bump After BlackRock ETF Filing

Grayscale Bitcoin Trust (GBTC) jumped more than 12% on Friday BlackRock filed its Bitcoin ETF application The discount on the Grayscale Bitcoin Trust (GBTC) share price to net asset value narrowed Friday Grayscale Bitcoin Trust (GBTC) jumps more than 12% The Grayscale Bitcoin Trust (GBTC) jumped more than 12% on Friday in reaction to BlackRock filing its Bitcoin ETF application. The move was seen as a sign of growing instituti…
Blackrock

BlackRock Files for Spot Bitcoin ETF, a First for the U.S.

BlackRock files for spot Bitcoin ETF Coinbase tapped as custodian If approved, it would be the first publicly traded crypto product of its kind in the U.S. BlackRock Files for Spot Bitcoin ETF Asset management giant BlackRock took the first steps Thursday to launch a spot bitcoin exchange-traded fund (ETF), which has long been a point of contention between crypto advocates and federal regulators. The firm filed an application …
© Cryptopress. All rights reserved.