Bitcoin Capital allocates 83% to BTC, but only 1% to ETH Investment firm Bitcoin Capital hopes that its exchange-traded product will foster mass crypto adoption. The firm’s Bitcoin Capital Active Exchange Traded Product, or BTCA, is traded on the Swiss Stock Exchange. It can discretionarily allocate funds to fifteen different cryptocurrencies and fiat. Daniel Diemers, one of […]
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The Bank of England is keeping central bank digital currency research high on its 2020 agenda. The Bank of England will take part in a key meeting tomorrow to discuss central bank digital currencies (CBDCs) and their possible infrastructural designs. Hosted by global central banking think tank, the Official Monetary and Financial Institutions Forum (OMFIF), […]
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The crypto rally of 2020 is not the biggest reason for 21Shares’ growth. 21Shares, formerly known as Amun, now has $100 million in assets under management, or AUM, posting major growth in 2020. Hany Rashwan, CEO of 21Shares, told Cointelegraph on Aug. 17 that AUM volumes spiked about 164% this year, up from just $39 […]
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Blockchain smartphones and crypto-storing watches: Which innovative devices have actually gone from concept to reality? Talk of cryptocurrency and blockchain-powered gadgets inevitably spiked alongside the hype for token prices. But looking back, have they delivered any meaningful changes to users, or are they just another result of the hype synonymous with the space? The surge […]
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Is Ethereum’s architecture to blame for the growth of decentralized finance hacks, and will the network upgrade make the sector more secure? The decentralized finance sector continues to gain unprecedented popularity as the total value of assets locked in DeFi products doubled to over $4 billion in July and is now approaching the $5 billion […]
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The USDA’s Agricultural Marketing Service is proposing the department utilize DLT to trace the supply chain of organic products. The U.S. Department of Agriculture has proposed amending its rules on organic products to include implementing blockchain technology to trace its supply chain. According to an Aug. 5 report from the U.S. Department of Agriculture (USDA) […]
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Plaintiffs as the court to authorize communication via email and Twitter to Status co-founders as part of a class-action lawsuit over SNT’s ICO. Plaintiffs in a class-action lawsuit against Status and its 2017 initial coin offering of the Status Network Token (SNT) are asking the judge to authorize official document delivery, or serving, via alternative […]
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Since the time Ethereum was born, the crypto-tax landscape has dramatically changed, and that is where we are now. As important as Ethereum has become, even eclipsing Bitcoin (BTC) in some circles, it is no wonder that its fifth birthday has prompted comments — some prophetic, others nostalgic. Few, however, will mark the occasion by […]
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Swiss cantonal bank Basler Kantonalbank becomes the first bank in Switzerland to announce its crypto plans. Basler Kantonalbank, or BKB, a government-owned commercial bank in Switzerland, is planning to launch cryptocurrency services through its banking subsidiary. According to an Aug. 3 report by local news agency Finews, BKB’s subsidiary and a national banking group, Bank […]
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The new World Stablecoin Association hopes to create a united front for the sector to tackle regulatory concerns and drive collaboration. The recent formation of the World Stablecoin Association in Switzerland was done with the goal of creating a united front for the sector to tackle regulatory concerns and drive collaboration. Stablecoins are becoming an […]
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