Fidelity Investments, a major financial services firm, is pursuing regulatory clearance for an exchange-traded fund (ETF) designed to encompass Ethereum cryptocurrency.Continue Reading
On November 15, the globe's largest asset manager, BlackRock, formally submitted an application for an Ether exchange-traded fund (ETF) directly linked to the market with the United States Securities and Exchange Commission (SEC).Continue Reading
The Australian Taxation Office (ATO) has announced that people involved in wrapping or unwrapping cryptocurrency tokens will face capital gains tax (CGT). This tax will be imposed regardless of the tokens’ market value during the wrapping or unwrapping. Essentially, any gains or losses arising from these transactions will now be subject to taxation by the ATO.Continue Reading
A surge of 12% in XRP followed a misleading BlackRock filing that hinted at the asset manager establishing an XRP exchange-traded product. Continue Reading
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