JPMorgan reports holding shares of several spot Bitcoin ETFs
The largest bank in the U.S. with $2.6 trillion in assets reported to the SEC that it had purchased roughly $760,000 worth of shares of Bitcoin ETFs.
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Bitcoin price rally provides much needed relief for BTC miners
Bitcoin mining powers network transactions and BTC price. During the 2021 bull run, some mining operations raised funds against their Bitcoin ASICs and BTC reserves. Miners also preordered ASICs at a hefty premium and some raised funds by conducting IPOs. As the crypto market turned bearish and liquidity seized within the sector, miners found themselves in…
Ethereum ETFs to be Web3 growth ‘call option’ — Crypto analyst
Ether has a “much larger addressable market” than Bitcoin as it could be considered a bet on the entire Web3 industry, claims a crypto analyst.
Donald Trump appoints Caroline Pham as acting CFTC chair
The CFTC commissioner has previously called for regulating digital assets in her role with the financial regulator, which could change under Donald Trump.
Cryptocurrencies Not Currently Viable for Terrorism Financing: Think Tank
Cryptocurrencies are not well-suited for the needs of terrorist groups, United States nonprofit think tank RAND Corporation states in a report published on March 27.The report, dubbed “Terrorist Use of Cryptocurrencies: Technical and Organizational Barriers and Future Threats,” is focused on two main angles — how terrorists use cryptocurrencies in their current state and how…
US Senator submits resolution to allow crypto payments in Capitol Complex
The proposal, called the ACCEPT Resolution, would apply to gift shops, vending machines and restaurants. 574 Total views 41 Total shares U.S. Senator Ted Cruz of Texas submitted a resolution on the Senate floor Monday that would require the acceptance of cryptocurrency payments at all gift shops, restaurants and vending machines located within the Capitol Complex.…
Irish crypto firms will impose Anti Money Laundering ID checks from April
Irish companies operating with crypto, and the firms servicing them, will have to adhere to AML and CFT for the first time starting next month. 1554 Total views 26 Total shares Irish lawmakers will impose an anti money laundering regime on crypto for the first time in AprilThe Central Bank of Ireland has extended the…
Bitcoin price steady as $10B asset manager scoops up 10,000 BTC
Bitcoin (BTC) is winning the battle of the safe havens as another corporate buy-in sees $115 million enter its books.Asset management giant Stone Ridge confirmed that it made the significant purchase via its spin-off New York Digital Investment Group or NYDIG, which now has over $1 billion in assets under management.Economist: Fed must print $5…
Italy Unveils ‘High-Level Experts’ to Help Develop Its Official Blockchain Strategy
The Italian government has published its list of 30 blockchain high-level experts to further its integration of the technology at state level, Cointelegraph Italy reported Dec. 27.The result of a four-month hiring and consultation process, the group will work for free advising authorities how to create a “national strategy on distributed register and blockchain technologies.”The…