AI-Focused ETFs: Navigating Rapid Growth in 2024
In recent months, AI-focused exchange-traded funds (ETFs) have seen explosive growth, reflecting an increasing investor appetite for artificial intelligence technologies. According to a Morningstar report, 2024 alone has seen the introduction of over a third of the AI-focused ETFs on…
Ireland Drafts Urgent Crypto Regulations Ahead of New EU Laws
Ireland is taking decisive action to enhance its regulatory framework for cryptocurrency as the country prepares for significant changes mandated by the European Union’s upcoming standards. The Finance Minister, Jack Chambers, has announced the intention to draft regulations aimed at…
Europe Prepares for Stablecoin Regulations with MiCA
The European Union (EU) is at the forefront of advancing regulatory measures for stablecoins through its Markets in Crypto-Assets Regulation (MiCA), a comprehensive framework set to take effect on December 30, 2024. This regulation aims to not only provide clarity…
China’s Former Finance Minister Urges Caution in Cryptocurrency Regulation
In a recent address at the Tsinghua Wudaokou Chief Economists Forum in Beijing, Lou Jiwei, the former finance minister of China, expressed significant concerns regarding the evolving landscape of cryptocurrency regulation globally. As digital currencies continue to gain traction internationally,…
BNY Mellon Moves Closer to Offering Bitcoin and Ether Custody Services
BNY Mellon, one of the largest banks in the United States, is progressing towards providing custody services for Bitcoin and Ether exchange-traded funds (ETFs). This development comes in light of the favorable reassessment by the U.S. Securities and Exchange Commission…
MyTonWallet Expands Horizons with TRON Support
In an exciting development for the cryptocurrency community, MyTonWallet has announced the addition of TRON support, significantly enhancing its functionality. The update, made public on September 23, enables users to manage both TRON (TRX) and Tether (USDT) alongside Toncoin and…
US Bitcoin ETFs Surge as Market Confidence Grows
On September 17, 2024, a remarkable transformation occurred in the realm of cryptocurrency exchange-traded funds (ETFs) as US spot Bitcoin ETFs experienced a significant surge in popularity, reflecting growing investor confidence. This shift can be attributed to a bullish price…
