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Guernsey regulator approves launch of Bitcoin ETF by Jacobi Asset Management

The GFSC-approved Jacobi Bitcoin ETF is a cryptocurrency-based crypto financial instrument backed by Bitcoin Escrow provided by Fidelity Digital Assets. Jacobi Asset Management, a London-based multi-asset investment platform, received approval from the Guernsey Financial Services Commission (GFSC) to launch a Bitcoin (BTC) exchange-traded fund (ETF). Speaking to Cointelegraph, Jamie Khurshid, CEO of Jacobi Asset Management,…

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The crypto exchange Binance ceases trading in derivatives in Australia

Amid a worldwide regulatory review, the global cryptocurrency exchange Binance has announced that it will stop offering leveraged futures, options and tokens to Australian users in 90 days. Upcoming changes to Binance Australia The cryptocurrency exchange Binance announced some changes to its offerings in Australia on Tuesday. The exchange will no longer offer leveraged futures,…