Auto Added by WPeMatico

Lackluster Shine: Gold ETF Selloff Ensues as Investors Shift to More Profitable Alternatives

In 2024, gold-based exchange-traded funds (ETFs) experienced outflows for the fourth consecutive year as investors preferred to shift to more lucrative alternatives. According to Bloomberg, the rise in gold prices…

Continue ReadingLackluster Shine: Gold ETF Selloff Ensues as Investors Shift to More Profitable Alternatives

China Enforces Stricter Crypto Monitoring to Curb Illegal Transactions

China’s foreign exchange regulator has imposed stricter controls on cryptocurrency-related activities, requiring banks to monitor and report high-risk trades. The State Administration of Foreign Exchange (SAFE) mandates that banks track…

Continue ReadingChina Enforces Stricter Crypto Monitoring to Curb Illegal Transactions

Cambodia Introduces Crypto Regulation Requiring Licensing for Digital Asset Activities

The National Bank of Cambodia (NBC) has issued new regulations on crypto-related activities. The directive, dated Dec. 26, mandates that individuals or entities involved in crypto asset transactions, such as…

Continue ReadingCambodia Introduces Crypto Regulation Requiring Licensing for Digital Asset Activities