The post CBN Lifts Banking Ban on Virtual Asset Service Providers! appeared first on Coinpedia Fintech News The Central Bank of Nigeria (CBN) has lifted the banking ban on virtual asset service providers (VASPs) that had been in place since February 2021. The decision, announced in a circular signed by the Director of Banking Supervision, […]

The post BlackRock to Kickstart Bitcoin ETF with $10 Million Investment on January 3, 2024 appeared first on Coinpedia Fintech News Recently, the hype around spot Bitcoin ETF approval has escalated with a marketing frenzy, and BlackRock appears to be prioritizing a different approach. Instead of aggressive advertising, the company seems focused on ensuring a […]

The post BlackRock’s Bitcoin ETF Gets $10M Seed Funding! appeared first on Coinpedia Fintech News BlackRock, Hashdex, and Pando Asset have filed revised S-1 filings with the US Securities and Exchange Commission (SEC). According to Bloomberg analyst James Seyffart, BlackRock’s spot Bitcoin ETF is expected to receive $10 million in seed funding on January 3. […]

The post The Bulgarian Prosecutor’s Office Clears Crypto Lender Nexo! appeared first on Coinpedia Fintech News The Bulgarian authorities have closed their investigation into crypto lender Nexo for alleged money laundering offenses, finding no evidence of criminal activity. The company, which allows users to earn interest on their digital assets, had faced scrutiny over suspicious […]

The post Hashdex Selects BitGo as Custodian Amid SEC’s Shift Towards ‘Cash Create’ Model in Bitcoin ETF Arena appeared first on Coinpedia Fintech News In a significant development in the cryptocurrency market, Hashdex, a prominent player in the Bitcoin ETF sector, has updated its application strategy, now choosing BitGo as its custodian. This move comes […]

The post BitMEX Founder Warns of Bitcoin’s Demise with TradFi TF Success! appeared first on Coinpedia Fintech News Arthur Hayes has raised concerns that the success of Bitcoin exchange-traded funds (ETFs) managed by traditional finance (TradFi) asset managers could lead to the cryptocurrency’s downfall. In a new blog post, Hayes argued that if Bitcoin becomes […]

The post China’s Central Bank Urges Global Crypto Oversight For Safer Financial Regulations appeared first on Coinpedia Fintech News The People’s Bank of China (PBC) has doubled its focus on crypto assets in its recently released Financial Stability Report 2023. Highlighting the exponential growth of the global crypto market, the report underscores the need for […]

Galaxy Digital CEO Mike Novogratz expects the U.S. Securities and Exchange Commission (SEC) to approve a spot bitcoin exchange-traded fund (ETF) by Jan. 10 next year. Subsequently, he foresees the cryptocurrency reclaiming its all-time high of $69,000 and wouldn’t be surprised if it surpasses that price level. The executive also predicts progress in U.S. crypto […]

Elon Musk’s X plans to launch in-app payment services by mid-2024, indicating a shift from his previous crypto interests to fiat currency. (Read More)

The post Vertex Protocol appeared first on CryptoSlate.