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SEC Chair Gary Gensler responds to concerns about first Bitcoin-linked ETF

In the same interview, Proshares CEO Simeon Hyman opined that regulated futures traded in a 40-act ETF will open the opportunity to get BTC exposure to a lot of folks…

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Russia doesn’t plan to follow in China’s footsteps by banning crypto outright, says deputy finance minister

Crypto payments in the country are currently banned, but Russians have been allowed to purchase and trade digital assets like Bitcoin.

Continue ReadingRussia doesn’t plan to follow in China’s footsteps by banning crypto outright, says deputy finance minister

IMF reiterates more oversight for crypto in latest report on financial stability

The group identified the crypto space at risk from hacking, “lack of transparency around issuance and distribution” of tokens, and operational risks including outages during periods of extreme volatility.

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Sri Lanka’s E-commerce Platform Kapruka to Introduce Crypto Payments

Sri Lanka’s leading online retailer, Kapruka, has unveiled plans to introduce support for cryptocurrency payments. The news comes as the South Asian country intensifies efforts to adopt legislation tailored to…

Continue ReadingSri Lanka’s E-commerce Platform Kapruka to Introduce Crypto Payments