Samsung Group to list Asia’s first blockchain ETF

    Samsung Group’s investment arm is reportedly set to list a blockchain exchange-traded fund (ETF) on the Hong Kong Exchange during the first half of 2022 in a bid to capitalize on growing demand. The ETF will have a structure that is similar to that of BLOK, one of Amplify Holdings’s ETF products. South Korea’s Samsung…

    World’s biggest asset manager BlackRock launches crypto-focused blockchain ETF

    Blackrock, the world’s largest asset manager, has launched a blockchain exchange-traded fund (ETF). The fund, trading on the NYSE Arca, gives investors exposure to “companies that are involved in the development, innovation, and utilization of blockchain and crypto technologies.” The launch comes after Fidelity listed its crypto and metaverse ETFs last week. According to a…

    Telegram users can now send cryptocurrency via TON Wallet bot

    The Open Network is enabling users to send Toncoin (TON) via Telegram chat. The Open Network was built off of Telegram’s deserted cryptocurrency project. Telegram now lets users send Toncoin, the cryptocurrency built off of Telegram’s abandoned blockchain effort, directly from chats within the messaging app, Protocol reported. In a tweet, TON (The Open Network),…

    Crypto Trends Weekly Apr. 23 – 29

    Breaking crypto news from the last week (Apr. 23 – 29, 2022): Apr. 23: Crypto assets are tracing a path back onto investors’ radar, notes Fred Pye, CEO and Chairman of Canadian investment fund 3iQ Corp. Anticipating the further pivot to crypto, he suggests that what’s happening at the present moment is only accelerating the…

    Three Arrows Capital hedge fund moves to crypto-friendly Dubai

    Three Arrows Capital, a crypto hedge fund, moves its headquarters from Singapore to Dubai as the UAE is gradually replacing Singapore as a crypto mecca. Bybit, Binance, Kraken, and FTX are setting up offices in the UAE as crypto migrates from traditional far eastern financial centers. Lately, the UAE continues to market itself as a…

    Panama passes a bill to permit the use of crypto for commerce and taxpaying

    Panama’s National Assembly passed a bill to regulate the use and commercialization of crypto assets in the country. The bill will also make it possible for people to pay their taxes in crypto. Now, it only needs to be signed by President Laurentino Cortizo to become law. The bill, which was approved in the assembly…