The products, known as exchange-traded funds, were approved by federal regulators this week, a watershed moment for the crypto industry.
The Securities and Exchange Commission authorized financial firms to offer a Bitcoin investment product that some hope will accelerate adoption of the technology.
The X account of the Securities and Exchange Commission announced the approval of an investment product linked to Bitcoin. It wasn’t true.
Una disputa legal en un pequeño pueblo de Texas revela inesperadamente cómo los ciudadanos chinos pueden mover dinero a Estados Unidos sin llamar la atención de las autoridades de ninguno de los dos países.
A legal dispute in a tiny Texas town unexpectedly reveals how Chinese nationals can move money to the U.S. without drawing the attention of authorities in either country.
A year ago, Sam Bankman-Fried and Changpeng Zhao ran two of the largest crypto companies. As they grapple with legal woes, others are jockeying to lead the industry’s next chapter.
The cryptocurrency has gained roughly 150 percent this year, as investors bet that regulators will soon approve the first spot exchange-traded fund that is designed to track the price of Bitcoin.
Investors anticipate regulatory approval of an exchange traded fund linked directly to Bitcoin, which they hope will encourage more people to invest in the digital asset.
“On this podcast, we’re automating the haters.”
Early adopters thought cryptocurrencies would be free from prying eyes. But tracking the flow of funds has become a big business.
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