Tag: Crypto

Grayscale ETF Application Helps Cardano’s ADA Outshine Bitcoin and Ether

Cardano’s ADA token surged 11%, outperforming bitcoin (BTC) and ether (ETH), after Grayscale Investments applied for the first-ever spot ADA exchange-traded fund (ETF) in the U.S. ADA jumped to 80 cents, with the move starting late Wednesday, according to CoinDesk data. However, the ninth-largest cryptocurrency by market value, is...
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South Korea Must Approve Crypto ETFs ‘Sooner Than Later’ – Korea Exchange Chief

Korea Exchange chairman Jeong Eun-bo recently pushed for the country’s approval of crypto exchange-traded funds (ETFs). Amid the country’s stock market crisis, he urged revamping South Korea’s financial industry to strengthen the market and compete with other nations. South Korea ‘Needs’ Crypto ETFs Approval On Sunday, Jeong Eun-bo, chairman...
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Japan’s FSA Eyes Crypto as Securities in Sweeping Regulatory Overhaul: Report

The Financial Services Agency (FSA) of Japan is planning to recognize crypto assets as financial products equivalent to securities. As such, the agency has reportedly initiated discussions within a closed study group comprising experts to assess the current regulatory framework governing crypto assets. FSA’s Crypto Reform According to a...
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South Korean Lawmaker Cleared in High-Profile Crypto Scandal

A South Korean lawmaker, Kim Nam-kuk, was recently cleared of allegations that he “concealed” cryptocurrency assets. The case centered on whether South Korea’s laws at the time of the alleged concealment required him to declare his holdings. According to latest report from South Korean local news media Chosen Biz,...
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