Florida’s Chief Financial Officer, Jimmy Patronis, has called on the state’s retirement fund manager to explore the potential benefits of investing in Bitcoin. In an open letter to Chris Spencer, the executive director of Florida’s State Board of Administration (SBA), Patronis described Bitcoin as “digital gold” with the potential to ...
Hong Kong Exchanges and Clearing Ltd. (HKEX) on October 28, announced plans to launch new crypto price indexes, aiming to provide a reliable benchmark for the rapidly expanding digital asset market. The "HKEX Virtual Asset Index Series," set to launch on November 15, will provide a single reference price for ...
According to Tokyo-listed investment firm Metaplanet, its ongoing Bitcoin acquisitions have delivered a 116% return for shareholders from October 1 to October 25. This company claimed that the figure marks a significant rise from the 41.7% yield reported on the company's Bitcoin holdings from July 1 to September 30. It ...
A group of Japanese companies has suggested that if the Japanese government moves forward with cryptocurrency-based exchange-traded funds (ETFs), those for Bitcoin and Ethereum should be given priority. According to Bloomberg, the group made this known in a proposal titled "Recommendations for the Composition of Crypto Assets ETFs, etc. in ...
MicroStrategy co-founder Michael Saylor has stirred controversy within the crypto community after making unexpected comments on Bitcoin self-custody during his recent appearance on the "Markets with Madison" podcast. The prominent Bitcoin advocate criticized the self-custody movement and suggested that larger financial institutions like BlackRock could provide safer custody for Bitcoin ...
The Australian Securities and Investments Commission (ASIC) has charged Grant Colthup, the former CEO of Mine Digital, with fraud after a customer allegedly failed to receive Bitcoin valued at 2.2 million Australian dollars (around $1.47 million) in July 2022. Mine Digital, which operated a cryptocurrency exchange from May 2019 until ...
MicroStrategy CEO Michael Saylor has suggested that tech giant Apple invest $100 billion in Bitcoin rather than pursuing a stock buyback. He argued that such a move would significantly boost Apple's market value and growth potential. Saylor made these comments during his recent appearance on the “Markets with Madison” podcast, ...
The competition in the Wrapped Bitcoin (WBTC) space is intensifying, with major crypto platforms launching their own products to cater to DeFi and institutional users. U.S.-based exchange Kraken has just unveiled its version, kBTC, following Coinbase's recent debut of cBTC. In a blog post published today, October 17, Kraken announced ...
Italy's government is proposing a significant increase in the capital gains tax on Bitcoin investments as part of its 2025 budget plan. During a recent press conference, Deputy Economy Minister Maurizio Leo announced that the tax rate on Bitcoin capital gains would rise from 26% to 42%. Minister Leo explained ...
European alternative asset management company Samara Asset Group has announced plans to expand its Bitcoin treasury through a €30 million ($32.8 million) bond issuance. CEO Patrick Lowry revealed this in an X post on October 14, 2024. At publicly-listed @Samara_AG_, we are issuing up to €30 million in Bonds to ...
