No Bitcoin! Central Bank of Chile Rejects Adding BTC as a Reserve Asset
The Central Bank of Chile recently stated that it could not add bitcoin to its reserves, as this crypto asset fails to comply with the requirements to be included as a bank investment. Central Bank of Chile Would Not Add Bitcoin to Its Reserves The debate about bitcoin as a reserve asset and the issue […] Powered by...
Circle Commits to Updated Canadian Stablecoin Regulatory Requirements
The updated rules were introduced last year and outline several requirements for crypto exchanges and stablecoin issuers. USDC Issuer Circle Claims It Was First to Comply With Canada’s Interim Listing Rules Stablecoin issuer Circle, whose flagship product USDC has a current market capitalization of roughly $40 billion, issued a formal undertaking on Wednesday to Canadian […] Powered by...
Grayscale Files for Solana ETF With NYSE Arca Amid Expanding Crypto Offerings
The multi-billion-dollar crypto asset manager has joined the race to launch the first spot solana exchange-traded fund (ETF) in the U.S. Grayscale Becomes Fifth Asset Manager to File for a Solana ETF Crypto asset manager Grayscale is looking to convert its $120 million Grayscale Solana Trust (GSOL) into a spot ETF after U.S. exchange NYSE […] Powered by...
Australian Fortlake Asset Management Taps Chainlink, Backed, and Sonic for Inaugural Fund Tokenization
The three crypto firms are gearing up to tokenize Fortlake’s Sigma Opportunities Fund. Chainlink, Backed, and Sonic To Collaborate With Australian Fortlake for Fund Tokenization Australian investment firm Fortlake Asset Management is seeking to enter the digital asset space by recruiting three crypto firms – Chainlink, Backed, and Sonic (formerly Fantom) – to tokenize its […] Powered by...
Cryptocurrency Pioneer Bitcoin Taps $100,000
Bitcoin (BTC), the first and leading cryptocurrency, has crossed the $100,000 threshold, marking a pivotal moment in its 15-year history. From Pennies to $100,000: Bitcoin’s Remarkable Evolution Since its inception in 2009, bitcoin has seen dramatic price fluctuations and a steady rise in adoption. Initially traded for less than a penny, bitcoin’s value journey has […] Powered by...
