Auto Added by WPeMatico

SBI and Franklin Templeton Collaborate to Create Digital Asset Management Firm

Japan’s SBI Holdings plans to create a new investment management company in collaboration with major U.S. asset manager Franklin Templeton by the end of the year. This joint venture will…

Continue ReadingSBI and Franklin Templeton Collaborate to Create Digital Asset Management Firm

Ferrari Launching Crypto Payment System for European Market

Ferrari, the iconic Italian luxury sports car manufacturer, announced on Wednesday that it will introduce its cryptocurrency payment system to European dealers by the end of July 2024. This move…

Continue ReadingFerrari Launching Crypto Payment System for European Market

Tokyo Stock Exchange-Listed Metaplanet Completes 1 Billion Yen Bitcoin Purchase

Metaplanet Inc. announced on July 22 the purchase of an additional 200 million yen worth of bitcoin, amounting to 20.381 BTC. This latest acquisition completes the company’s 1 billion yen…

Continue ReadingTokyo Stock Exchange-Listed Metaplanet Completes 1 Billion Yen Bitcoin Purchase

South Korea’s FSC Nominee Says Past Crypto Chaos Calls for Strong Investor Protection

Kim Byoung-hwan, the nominee for head of South Korea’s top financial regulator, the Financial Services Commission (FSC), expressed caution about corporations holding bank accounts for cryptocurrency transactions. Speaking at a…

Continue ReadingSouth Korea’s FSC Nominee Says Past Crypto Chaos Calls for Strong Investor Protection

SEC Extends Review Period for Bitcoin Trust Options Trading Proposals

The U.S. Securities and Exchange Commission (SEC) has announced an extension for its decision on proposed rule changes from various self-regulatory organizations regarding the listing and trading of options on…

Continue ReadingSEC Extends Review Period for Bitcoin Trust Options Trading Proposals

New Virtual Asset Protection Act Takes Effect in South Korea

South Korea’s Act on the Protection of Virtual Asset Users went into effect on July 19, 2024, aiming to protect users and ensure market stability. Initially revised in 2021 to…

Continue ReadingNew Virtual Asset Protection Act Takes Effect in South Korea