BlackRock plans to launch a Bitcoin ETP in Europe
BlackRock is planning to launch a Bitcoin ETP in Switzerland. This move follows the success of BlackRock’s US Bitcoin ETF. The Bitcoin ETP could boost crypto adoption with the EU’s…
Circle acquires Hashnote, plans to integrate USYC
Circle acquires Hashnote for an undisclosed amount and plans to integrate USYC as collateral on crypto exchanges Hashnote manages the largest Treasury note money market fund with $1.2 billion under…
TON Foundation plans US expansion
TON Foundation seeks US expansion amid growing crypto-friendly environment. In the crypto market, Telegram-related blockchain project is powered by the Toncoin (TON) token. Telegram related blockchain platform The Open Network…
Italy will drop plans to increase tax on crypto capital gains
Italy drops plans to raise crypto tax from 26% to 42% after industry opposition. Lawmakers propose capping the tax at 28% or maintaining the current 26% rate. Progressive taxation and…
El Salvador to change Bitcoin plans to secure $1.3bn IMF loan
El Salvador would also receive $1 billion in lending from the World Bank and $1 billion from the Inter-American Development Bank Under the IMF agreement, El Salvador would change a…
The FTX estate plans to start distributions by March 2025
FTX plans to start distributing $16 billion to creditors by March 2025. Distributions will begin 60 days after the Chapter 11 plan becomes effective in Jan. Customers must complete KYC…
Bitcoin’s Price Slides as China Pares Stimulus Plans
Bitcoin’s September rally, where the crypto rose 21%, was driven largely by Chinese stimulus packages. Market players are underwhelmed as the Chinese government’s stimulus plans did not live up to…
Shiba Inu unveils plans for a Decentralized Autonomous Organization
Shiba Inu (SHIB) is launching a DAO to give holders a voice in governance. The DAO will feature two councils: Charity and Culture & Heritage. SHIB’s price is down 82.4%…
Tether plans to launch Dirham-pegged stablecoin
Tether will launch a Dirham-pegged stablecoin in collaboration with Phoenix Group. New stablecoin will join USDT, EURT and other Tether-issued stablecoins. Tether plans to add a new stablecoin pegged to…
Swan Bitcoin halts IPO plans and shuts down mining operations
Swan Bitcoin delays IPO plans due to shutdown of its mining operations. CEO cites reduced revenue from mining as reason for halting IPO efforts. Mining sector faces challenges, with firms…