The European Securities and Markets Authority (ESMA) announced on Jan. 29 that EU-based crypto firms can provide services to non-EU customers in certain circumstances. However, this allowance, known as the reverse solicitation exemption, is limited and strictly an exemption, according to ESMA’s statement. It is important to note that this exemption does not enable companies
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The much-anticipated debut sale of Taproot Wizards’ “Quantum Cats” Bitcoin NFTs faced significant technical issues on Monday, causing frustration and disappointment among users. This article will delve into the details of the problems encountered during the sale and explore the potential of projects like Taproot Wizards in the growing world of NFTs on the Bitcoin
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The growing interest in spot Bitcoin exchange-traded funds (ETFs) has reached Hong Kong, as Harvest Fund Management’s Hong Kong branch has recently applied for approval of a spot Bitcoin ETF with local regulators. This move is part of Hong Kong’s preparations for its first wave of spot crypto ETFs, following the approval of similar funds
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Cryptocurrencies have gained significant popularity and attention in recent years, attracting both investors and scammers alike. As the interest in digital assets continues to grow, it becomes imperative for regulators to ensure that retail communications concerning cryptocurrencies are fair, balanced, and devoid of misleading claims. The United States Financial Industry Regulatory Authority (FINRA) recently conducted
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As we venture into 2024, the Bitcoin market has been anything but dull. From the SEC’s approval of spot Bitcoin ETFs to the cryptocurrency’s recent price decrease and selloffs from the Grayscale BTC Trust, there have been numerous events impacting the industry. Amidst this flurry of activity, on-chain data has unveiled a fascinating sentiment of
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Bitcoin, the leading cryptocurrency, recently experienced a significant surge in price, surpassing $42,000 after trading below $40,000 for several days. This market recovery can be attributed to various factors, including revelations about the US economy and other market influences. In this article, we will analyze the key drivers behind Bitcoin’s recent price surge and their
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