Auto Added by WPeMatico

Fidelity Launches Ethereum Index Fund — Sees Client ‘Demand for Exposure to Digital Assets Beyond BTC’

A filing with the U.S. Securities and Exchange Commission has shown that Fidelity looks to launch an investment product known as the Fidelity Ethereum Index Fund on October 4, 2022.…

Continue ReadingFidelity Launches Ethereum Index Fund — Sees Client ‘Demand for Exposure to Digital Assets Beyond BTC’

Mike McGlone Says Gold Price Is ‘Firming’ — Commodity Strategist Insists BTC, ETH Will ‘Outperform Most Major Assets’

Over the last two days, Bloomberg Intelligence commodity analyst Mike McGlone published the firm’s commodity and crypto outlook reports, and McGlone’s latest analysis details that the price of gold could…

Continue ReadingMike McGlone Says Gold Price Is ‘Firming’ — Commodity Strategist Insists BTC, ETH Will ‘Outperform Most Major Assets’

Mastercard Debuts Blockchain Surveillance Tool for Banks and Crypto-Centric Card Issuers

On Tuesday, the multinational financial services corporation Mastercard revealed that it is launching a new crypto monitoring product called Crypto Secure. The Crypto Secure software aims to leverage artificial intelligence…

Continue ReadingMastercard Debuts Blockchain Surveillance Tool for Banks and Crypto-Centric Card Issuers

Report: CME Group to Face off With FTX After Filing for Futures Commission Merchant Status

According to a recent report, the world’s largest derivatives exchange CME Group is looking to register as a direct futures commission merchant (FCM). CME Group’s decision follows the digital currency…

Continue ReadingReport: CME Group to Face off With FTX After Filing for Futures Commission Merchant Status

Bank Buys Bitcoin in Kazakhstan, Country to Develop Crypto Exchange

A financial institution and a coin trading platform in Kazakhstan have teamed up to carry out what they say is the country’s first such joint transaction for the acquisition of…

Continue ReadingBank Buys Bitcoin in Kazakhstan, Country to Develop Crypto Exchange

China, Hong Kong, Thailand, and UAE Trial Cross-Border Transactions With Digital Currencies

The monetary authorities of four jurisdictions in Asia have carried out tests with international settlements using state-issued digital currencies. Cross-border payments and foreign exchange transactions totaling over $22 million were…

Continue ReadingChina, Hong Kong, Thailand, and UAE Trial Cross-Border Transactions With Digital Currencies

Settlements With China — Russia Plans Next Step for Digital Ruble

Russia intends to use its digital ruble, to be introduced early next year, for payments with its key ally, China. Authorities in Moscow hope other nations will be willing to…

Continue ReadingSettlements With China — Russia Plans Next Step for Digital Ruble