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The first Bitcoin exchange-traded products (ETPs) have started trading on the London Stock Exchange (LSE) after receiving approval from the UK's Financial Conduct Authority (FCA). Asset managers WisdomTree and 21Shares both listed Bitcoin ETPs on the LSE. Last week, the FCA authorized the listing of Bitcoin ETNs on
The Executive Office of President Joe Biden has issued a Statement of Administration Policy concerning H.R. 4762, the Financial Innovation and Technology Act of 2021 (FIT 21). This legislation seeks to establish clear guidelines for Bitcoin and other digital assets. The Chamber of Digital Commerce, an advocacy group for
Metaplanet Inc. (TSE Standard: 3350), a publicly traded company in Japan, has announced an increase in its Bitcoin holdings. During a recent board of directors meeting, the company decided to purchase an additional ¥250 million worth of Bitcoin, equivalent to approximately $1.6 million USD. The company has outlined its
Bitcoin • Business • May 28, 2024Metaplanet Inc. (TSE Standard: 3350), a publicly traded company in Japan, has announced an increase in its Bitcoin holdings. During a recent board of directors meeting, the company decided to purchase an additional ¥250 million worth of Bitcoin, equivalent to approximately $1.6 million USD. The company has outlined its
Bitcoin • Business • May 28, 2024The first Bitcoin exchange-traded products (ETPs) have started trading on the London Stock Exchange (LSE) after receiving approval from the UK's Financial Conduct Authority (FCA). Asset managers WisdomTree and 21Shares both listed Bitcoin ETPs on the LSE. Last week, the FCA authorized the listing of Bitcoin ETNs on
Bitcoin • Markets • May 28, 2024The Executive Office of President Joe Biden has issued a Statement of Administration Policy concerning H.R. 4762, the Financial Innovation and Technology Act of 2021 (FIT 21). This legislation seeks to establish clear guidelines for Bitcoin and other digital assets. The Chamber of Digital Commerce, an advocacy group for
Bitcoin • News • May 22, 2024The UK's Financial Conduct Authority (FCA) has approved WisdomTree’s application to list Bitcoin and Ethereum exchange-traded products (ETPs) on the London Stock Exchange (LSE). WisdomTree's Physical Bitcoin ETPs are scheduled to start trading on May 28th and will initially be accessible only to professional investors.
Bitcoin • News • May 22, 2024A UK judge has ruled that Craig Wright, who claimed to be Satoshi Nakamoto, the creator of Bitcoin, lied extensively and forged documents during a high-profile trial. In a 231-page judgment, Justice James Mellor stated that Wright "lied to the court repeatedly" and engaged in large-scale forgery in
Bitcoin • News • May 20, 2024Recent 13F SEC filings have unveiled that several major U.S. financial institutions are committing significant funds to Bitcoin through spot ETFs. These filings, which disclose the holdings of institutional investors with over $100 million allocated, have drawn considerable attention. Following the SEC's approval of several spot Bitcoin
Bitcoin • Markets • May 17, 2024The Brooks School Tech Policy Institute (BTPI) at Cornell University has launched a $1 million research project to explore the relationship between Bitcoin and financial freedom in authoritarian countries. Led by BTPI Director Sarah Kreps, the research aims to understand how individuals use Bitcoin and stablecoins for financial security in
Bitcoin • Economy • May 17, 2024The Senate has passed legislation H.J.Res. 109 to overturn the SEC's Staff Accounting Bulletin (SAB) No. 121, which prevents highly regulated financial firms from custodying Bitcoin and cryptocurrencies. The vote was 60 to 38, showing bipartisan support. The resolution, which already passed the House, aims to
Bitcoin • Politics • May 16, 2024