The central bank plans to allocate the lion’s share of its $1.3 billion contract budget for providers to work on enabling offline payments for a digital euro.
Following the U.S. approval, Hong Kong could be the next hub in Asia to introduce a spot crypto ETF, regional experts said.
Johnny Ng, a Hong Kong lawmaker, said on X that Hong Kong should “take the lead” in the crypto space by introducing spot crypto ETFs.
Spot bitcoin ETFs are launching in the U.S. on Thursday. Here’s what the issuers and exchanges behind these products have to say.
Prominent figures in the crypto industry expressed optimism about greater crypto adoption, while Moody’s analysts warned about volatility.
Coinbase praised the SEC’s decision to approve spot bitcoin ETFs as the company is set to serve as custodian for several.
Robinhood’s CEO Vlad Tenev said the firm intends to list the 11 newly approved spot bitcoin ETFs as quickly as it can.
Bitcoin ETFs are set to start trading after S-1s went effective following a months-long approval process with the SEC — so what’s next?
Spot bitcoin ETF applicants have seen their S-1 forms become effective, meaning that trading can now get underway tomorrow.
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler conceded that the regulator’s loss in court over rejecting Grayscale’s application for a spot bitcoin exchange-traded fund (ETF) left it little recourse but to approve about a dozen such proposals Wednesday.
