As of the latest data, the US spot Bitcoin Exchange-Traded Funds (ETFs) have surged past a notable milestone, with cumulative trading volume breaching the $150 billion mark on March 19. This development is particularly noteworthy considering the spot ETFs‘ relatively short period in the market, following their approval by the Securities and Exchange Commission (SEC) […]
Hong Kong’s Securities and Futures Commission (SFC) issued a directive to all crypto trading platforms operating within its jurisdiction earlier today. The directive mandates these platforms to submit a license application by February 29 or face a shutdown by May 31. This announcement is part of Hong Kong’s ongoing efforts to establish a regulated regional […]
Arthur Hayes, the former CEO of BitMEX, has some wise words to share in the volatile world of cryptocurrencies. According to him, if spot Bitcoin exchange-traded funds (ETFs) become extremely popular, they may even destroy the crypto itself. A prominent figure in the cryptocurrency space, Hayes expressed his worries in a blog post on December […]