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Tag Archives: btc tef

South Korea to Punish Violations of Crypto Law with Millions in Fines and Potential Life Imprisonment

CoinspeakerSouth Korea to Punish Violations of Crypto Law with Millions in Fines and Potential Life Imprisonment Violators of crypto law in South Korea now risk receiving fines up to five times the amount of illegal funds, or life imprisonment. South Korea to Punish Violations of Crypto Law with Millions in Fines and Potential Life Imprisonment

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BlackRock Submits Revised Spot Bitcoin ETF Application to Allow Participation from Banks

The revised spot Bitcoin ETF proposal from BlackRock provides access to banks, allowing them participate via broker-dealers. Giant asset manager BlackRock Inc (NYSE: BLK) has submitted a revised version of its application for its iShares spot Bitcoin exchange-traded fund (ETF) to the United States Securities and Exchange Commission (SEC). The revised application modifies BlackRock’s ETF, making it easier for Wall Street banks to participate. If approved, BlackRock’s ETF will allow...

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GBTC & BITO Witness Historic $1.7B in Trading Volume as BTC Investors Anticipate Bitcoin ETF Approval

In anticipation of this pivotal event, there has been a substantial uptick in trading volume for products launched by ProShares and Grayscale. Activity surrounding Bitcoin investment products, particularly exchange-traded funds (ETFs), has seen a notable increase. This surge is primarily driven by the growing excitement within the market about potential ETF approvals in the United States. Speculation and expert opinions on the potential acceptance of the Grayscale Bitcoin Trust (GBTC) by...

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