China Urged To Reevaluate Crypto Ban By Former Finance Official Amid US Policy Changes | TheSpuzz

China Urged To Reevaluate Crypto Ban By Former Finance Official Amid US Policy Changes | TheSpuzz

Source: Bitcoinist Amid increasing discussions surrounding the crypto regulation landscape, a former senior official from China’s Ministry of Finance has urged the government to reconsider its stringent ban on virtual assets. According to a South China Morning Post report, Zhu Guangyao, vice minister from 2010 to 2018, highlighted the importance of cryptocurrencies to the Asian…

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Crypto Inflows Hit New Heights As Ethereum Funds Break Losing Streak—Bull Run Here?

Crypto Inflows Hit New Heights As Ethereum Funds Break Losing Streak—Bull Run Here?

Source: Bitcoinist Global crypto investment products have surged, recording $1.2 billion in net inflows over the past week. This marks the third consecutive week of positive inflows and a notable shift in market sentiment, as highlighted by the latest report from CoinShares, a leading digital asset investment firm. Coinshares revealed that the upward trend in…

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Taiwanese Financial Watchdog OKs Foreign Crypto ETFs For Pro Investors | TheSpuzz

Taiwanese Financial Watchdog OKs Foreign Crypto ETFs For Pro Investors | TheSpuzz

Source: Bitcoinist In an announcement on September 30, 2024, Taiwan’s Financial Supervisory Commission (FSC) greenlit foreign crypto exchange-traded funds (ETF) for professional investors. Foreign Digital Assets ETFs Approved For Professional Investors According to the announcement, Taiwan’s FSC permits institutional investors to invest in foreign digital asset ETFs through a re-entrustment process. The announcement notes: Professional…

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