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The Company Behind the World’s First Bitcoin ETF Launches Mutual Crypto Fund Units

Purpose Investments – an asset management company with $12B+ in AUM – recently announced that mutual fund units would be available for its cryptocurrency exchange-traded funds (ETFs). These include its…

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Geographic Distribution Data Shows US Takes Leading Bitcoin Mining Position After China’s Crackdown

After China has reigned for a number of consecutive years as the dominant bitcoin mining epicenter of the world, the United States has “taken the leading position in bitcoin mining,”…

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Millions of Wix Merchants Can Now Accept 12 Different Cryptocurrencies

On Tuesday, the Atlanta-based cryptocurrency payments company Bitpay announced the Israeli software company Wix has enabled its Software as a service (SaaS) e-commerce product to accept crypto-asset payments. The integration…

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Canada Gets Its First BTC and ETH Multi-Crypto ETF

EvolveETF – a Canadian ETF provider – has just launched Canada’s first multi-cryptocurrency exchange-traded fund. The product is backed by the two largest cryptocurrencies by market cap: Bitcoin and Ethereum.…

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Canadian Securities Regulators Target Misleading Advertising From Crypto Exchanges

The Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) have recently issued a staff notice addressing improper marketing practices from Crypto Trading Platforms (CTPs) in…

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Canadian regulators warn against ‘gambling style’ advertising and marketing in guidelines for crypto companies

“Misleading advertisements and improper marketing strategies may encourage investors to take on risks they would normally avoid," said CSA chair Louis Morisset.

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