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Huobi plans to launch cryptocurrency ETF in Hong Kong

Hong Kong-listed fund manager Huobi Technology plans to launch an exchange-traded fund (ETF) that tracks popular cryptocurrencies. The company, which is a subsidiary of popular cryptocurrency exchange Huobi Global, aims to target retail investors with the planned ETF. Huobi has written to the Hong Kong Securities and Futures Commission (SFC) and intends to structure the…

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European Union MiCA Proposal Moves to Tri-Party Dialogue Stage with No Bitcoin Ban Provision

The Markets in Crypto Assets (MiCA) regulatory package has cleared another potential hurdle this week and is moving to the next stage of the EU legislative process. Proponents of the controversial text banning proof-of-work (PoW) cryptocurrencies, which was recently removed from the draft, did not take the opportunity to block progress on the draft. The…

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Goldman Sachs features cryptocurrencies, metaverse and digitization on its home page

Global investment bank Goldman Sachs has changed its home page to include crypto, metaverse, and digitization. “From cryptocurrencies to the metaverse, explore the megatrends that are reshaping economies,” Goldman Sachs’ home page now reads. Goldman Sachs home page now includes encryption and metaverse Goldman Sachs has updated its home page to feature digitization, including cryptocurrencies…

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Cryptocurrency Exchange Giant Coinbase Launches New Web 3.0-Focused Payment Service

US-based cryptocurrency exchange giant Coinbase is adding a new feature to the cryptocurrency wallet browser extension that simplifies access to decentralized finance (DeFi) and non-fungible token (NFT) markets. . In a new company blog post, Coinbase Senior Director of Product Management Prakash Hariramani says that Coinbase Pay will allow investors to use their cryptocurrency wallet…

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Kraken will provide $10 million worth of BTC to Ukrainian traders

Kraken, a popular cryptocurrency exchange based in San Francisco, CA, has announced that it will donate approximately $10 million worth of bitcoins to citizens of Ukraine affected by the recent Russian invasion. Kraken is giving crypto to Ukrainian customers A few weeks ago, Russia invaded its Eastern European neighbor and the battle apparently led to…

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Crypto.com Launches US Exchange: Institutional Investors Get Access First

Digital currency exchange Crypto.com has revealed that it is launching a cryptocurrency trading platform in the United States for waitlisted users, with a phased rollout to follow later. Additionally, the company says that VIP users of the trading platform will have access to “exclusive events, rewards, and cutting-edge market insights.” Crypto.com Launches US Exchange Platform:…

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Ukrainian Government Launches Cryptocurrency Donation Website with FTX, Kuna and Everstake

Users have sent more than $48 million worth of cryptocurrency to government wallet addresses, about 24% of the platform’s $200 million target. Cryptocurrency exchanges FTX and Kuna and betting platform Everstake have partnered with Ukrainian government officials to launch a donation site for users who want to send cryptocurrencies to help the country and its…

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U.S. Securities and Exchange Commission rejects two exchange-traded funds (ETFs) Bitcoin Spot

The US Securities and Exchange Commission (SEC) is denying requests to establish two Bitcoin (BTC) exchange-traded funds (ETFs) based on the spot market. According to SEC filings, the regulator is rejecting NYSE Arca’s offer to amend a rule for listing and trading shares of the NYDIG Bitcoin ETF. The decision comes months after the SEC…

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Wall Street Chads sets the standard for NFTs with an innovative ecosystem

The NFT ecosystem is one of the most competitive in the blockchain industry, but innovative projects always find a way to stand out from the crowd. One of them is Wall Street Chads, which has caught the attention of collectors, cryptocurrency traders and NFT enthusiasts since its launch in July 2021. Wall Street Chads is…