Trading Begins for New Treasury-Based, SEC-Registered Digital Security
Arca launches Ethereum-based trading for new fund based on shares in U.S. Treasury securities.
1784 Total views
36 Total shares
Per a July 6 announcement from the firm, Arca has begun trading for its new digitized security, the ArCoin.
The ArCoin runs on the Ethereum blockchain and represents shares in Arca’s U.S. Treasury Fund, which is registered with the Securities and Exchange Commission and is 80% made up of U.S. Treasury securities.
Arca initially filed to launch the fund in April.
This story will be updated shortly.
Related Posts
COVID-19 Takes an Enormous Toll on Swiss ‘Crypto Valley’
The President of the Swiss Crypto Valley Association, or CVA, said that the Coronavirus pandemic had a major impact on the local crypto ecosystem.A recent report claims that the representatives of nearly 80% of crypto valley’s firms said they will most likely go bankrupt over the next six months. When Cointelegraph asked CVA’s Daniel Haudenschild…
Bitzlato kept a low profile, but did not go entirely unnoticed before DOJ action
The Hong Kong crypto exchange with strong ties to Russia was a blip on Chainalysis’ radar last year; its takedown was seen as anticlimactic by many in the crypto community. 355 Total views 9 Total shares Own this piece of history Collect this article as an NFTNoncustodial peer-to-peer crypto exchange Bitzlato was little known to…
Government Expert: Russia Not Ready for Issuance and Circulation of Cryptocurrencies
A special representative of the Russian president said that the country is not yet ready for the circulation and issuance of cryptocurrencies, according to local news agency RIA Monday, September 10.The president’s Special Representative on digital and technological development Dmitry Peskov explained his view on the state of digital assets in an interview with RIA:“From…
Terrorism & Israel-Gaza war weaponized to destroy crypto
Draconian anti-crypto legislation could soon be passed to solve a terrorism funding “crisis” that many argue is vastly overstated. by Ksenia Buksha 13 min December 13, 2023 Share Share Share Share The Israel-Gaza war has once again thrown the spotlight on crypto, with anti-crypto politicians seizing on exaggerated reports of crypto being used to finance
Bitmain to start shipping new Bitcoin Antminer T21 in January 2024
Bitmain, a major global manufacturer of Bitcoin (BTC) application-specific integrated circuits (ASIC), has officially released its new air-cooled BTC miner, the Antminer T21.Bitmain took to Twitter on Oct. 26 to announce the world premiere of the new Antminer T21, the firm’s new air-cooling miner that can withstand ambient temperatures up to 45 degrees Celsius.According to
Russian Parliament to Discuss Crypto Bill Within Two Months, Official States
The State Duma, the lower chamber of the Russian parliament, will discuss a draft bill on crypto regulation in January or February, the head of Committee on Financial Markets told local news agency TASS on Monday, Jan. 14.Chairman Anatoly Aksakov said that a long-awaited bill on digital assets — a term used by the Russian…
France’s 3rd-largest bank, Société Générale, launches euro-pegged stablecoin
The euro-pegged stablecoin will be the first of its kind in the region and will be available to the bank’s customer base for trading use. 448 Total views 4 Total shares Société Générale, France’s third-largest bank, has debuted its native euro-pegged stablecoin, making it one of the first European banking giants to venture into the
US FTC digs into Big Tech’s centralized reservoirs of user data
As antitrust enforcement hits Facebook and Google, the Federal Trade Commission is digging into misuse of consumer data. The United States Federal Trade Commission is making the giants of social media account for their user data practices.On December 11, the FTC published orders for special reports from unnamed social media companies. The commission's stated aim…