Romain Costaseca | Afp | Getty Images LONDON — Britain on Tuesday published draft legislation for the cryptocurrency industry, touting greater collaboration with the U.S. as it looks to regulate the wild world of digital assets. Speaking at a fintech event Tuesday, U.K. Finance Minister Rachel Reeves announced plans for a “comprehensive regulatory regime for…
Jakub Porzycki | Nurphoto | Getty Images Bitcoin fell below the $78,000 level as investors braced for more financial market volatility after U.S. equites suffered their worst decline since 2020 on the rollout of President Donald Trump’s restrictive global tariffs. The price of bitcoin was last lower by 6% at $77,730.03, according to Coin Metrics,…
Trump Media and Technology Group is expanding into financial services, including investment vehicles, the firm announced Wednesday. Shares of the Truth Social parent company, which trade under the ticker DJT, jumped more than 10% in morning trading. President Donald Trump indirectly owns 114,750,000 shares of the company, held in a revocable trust. The financial services…
A major exchange-traded fund provider is trying to take the volatility out of bitcoin investing. Calamos Investments launched the Calamos Bitcoin Structured Alt Protection ETF (CBOJ) on Wednesday. The firm brands it as “the world’s first downside protected bitcoin ETF.” It is built with risk-adverse investors in mind. “You can get in all day long….
Bitcoin should rip higher under President-elect Donald Trump, according to BlackRock’s ETF chief. Samara Cohen, the firm’s ETF and index instruments chief investment officer, thinks cryptocurrency deregulation will “absolutely” propel bitcoin to another historic year. “There will be progress made on… FIT21 [“Financial Innovation and Technology for the 21st Century Act.] There will be progress made…
A two-on-two TV event featuring rival golfers from the PGA and LIV tours next month will feature a $10 million prize. The participants won’t receive cash or a check, though — they’ll be paid in CRO cryptocurrency. Source link
