Latest Virtual Asset News Page 3

📡 Latest News

The latest Virtual Assets News

China's Largest Funds Seek Spot Bitcoin ETF Approval in Hong Kong

China's Largest Funds Seek Spot Bitcoin ETF Approval in Hong Kong

April 9, 2024 Hong Kong China Bitcoin ETF

China's largest fund management firms are leveraging their Hong Kong subsidiaries to apply for spot Bitcoin exchange-traded funds (ETFs). This move comes as Hong Kong positions itself as a global hub for virtual assets, providing a regulatory framework that encourages the development of the crypto industry. Leading Chinese

Crypto.com Secures Full Operational Virtual Assets License in Dubai

Crypto.com Secures Full Operational Virtual Assets License in Dubai

April 9, 2024 Dubai UAE Virtual Asset Service Provider

Crypto.com has obtained full operational approval from Dubai's Virtual Assets Regulatory Authority (VARA). This milestone marks the first time a global crypto exchange has been granted permission to operate with fiat currency in the United Arab Emirates (UAE). Virtual Assets in the UAE Crypto.com's

Is Bitcoin a Virtual Asset?

Is Bitcoin a Virtual Asset?

April 8, 2024 FAQ Bitcoin Virtual Assets

Yes, Bitcoin is a virtual asset. Bitcoin is a digital representation of value that can be bought, sold, traded, and used for payments or as an investment vehicle. Bitcoin, the first and most well-known cryptocurrency, possesses all the key characteristics that define a virtual asset: 1. Digital: Bitcoin exists entirely

10 Key Real World Asset Trends That Will Reshape Finance in 2024

10 Key Real World Asset Trends That Will Reshape Finance in 2024

April 5, 2024 Real World Assets Tokenization Cryptoassets

As we look ahead, several key trends are emerging that could reshape the financial landscape, unlocking new opportunities for investors and asset owners alike. In this article, we explore 10 of the most significant trends in the tokenized real world asset space. This year will see a the rise of

SWIFT Unveils Plans for New CBDC Platform for Global Financial System

SWIFT Unveils Plans for New CBDC Platform for Global Financial System

April 4, 2024 CBDC SWIFT Digital Currency

In a significant move towards the future of digital currencies and a new global financial system, SWIFT, the global bank messaging network, has announced plans to launch a new platform within the next 12 to 24 months. This platform aims to seamlessly connect the emerging central bank digital currencies (CBDCs)

What is a Central Bank Digital Currency (CBDC)?

What is a Central Bank Digital Currency (CBDC)?

April 3, 2024 CBDC Central Banks Digital Currency

Central Bank Digital Currencies (CBDCs) are a hot topic in the world of finance, with over 100 countries exploring or developing their own digital currencies. But what exactly are CBDCs, and why are they generating so much buzz? Definition and Types of CBDCs A Central Bank Digital Currency (CBDC) is

Singapore Enhances Framework for Virtual Assets and Expands Payment Services Oversight

Singapore Enhances Framework for Virtual Assets and Expands Payment Services Oversight

April 3, 2024 Singapore Virtual Assets Stablecoin

The Monetary Authority of Singapore (MAS) has announced sweeping amendments to the Payment Services Act. The expanded scope of regulated payment services in Singapore aims to provide a clear and supportive framework for the rapidly evolving virtual asset ecosystem, while safeguarding the interests of consumers and businesses. Key Amendments to

China Launches Conflux Network Blockchain to Boost Belt and Road Initiative

China Launches Conflux Network Blockchain to Boost Belt and Road Initiative

April 2, 2024 China Blockchain Virtual Assets

China has introduced a new public blockchain platform via the Conflux Network, part of the extensive Conflux Foundation's blockchain ecosystem. Dubbed the "Ultra-Large Scale Blockchain Infrastructure Platform," the initiative is specifically designed to bolster the Belt and Road Initiative by enabling cross-border applications with public blockchain

Crypto.com Expands into South Korea with Virtual Assets Exchange Launch

Crypto.com Expands into South Korea with Virtual Assets Exchange Launch

April 2, 2024 South Korea Virtual Assets Cryptocurrency

Crypto.com has announced the forthcoming launch of its mobile application, designed specifically for the South Korean market, setting a new precedent as the inaugural global cryptocurrency exchange to establish its presence in South Korea. This application, slated for release on April 29, promises a seamless mobile interface for trading

Virtual Asset Regulations Worldwide

Virtual Asset Regulations Worldwide: A Comprehensive Overview

April 1, 2024 Virtual Assets Cryptocurrency Regulation

Explore the global landscape of virtual asset regulations, including stablecoin policies and licensing requirements across various jurisdictions.

Larry Fink, BlackRock CEO, "Very Bullish on Bitcoin"

Larry Fink, BlackRock CEO, "Very Bullish on Bitcoin"

March 28, 2024 BlackRock Larry Fink Bitcoin

BlackRock CEO Larry Fink expressed bullish sentiment on Bitcoin's long-term prospects. Fink highlighted the unprecedented success of BlackRock's Bitcoin ETF (IBIT).

London Stock Exchange to Launch Bitcoin and Ethereum ETN Market in May

London Stock Exchange to Launch Bitcoin and Ethereum ETN Market in May

March 27, 2024 London UK Bitcoin

The London Stock Exchange will start trading Bitcoin and Ethereum exchange-traded notes (ETNs). The move aims to attract a wide array of issuers and investors, similar to the impact of Bitcoin ETFs in the U.S. market.