Financial

Financial Advisors Wary of Investing in Spot Bitcoin ETFs, BlackRock Exec Says

Financial Advisors Wary of Investing in Spot Bitcoin ETFs, BlackRock Exec Says

BlackRock’s chief investment officer for index investments, Samara Cohen, recently implied that amidst the recent success of spot Bitcoin exchange-traded funds, financial investors still exercise some degree of caution when investing. The volatility and infancy of Bitcoin and related exchange-traded funds are the primary drivers behind this investment class’s slow adoption. Financial Advisors Are Cautious […]

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Financial Advisors Reluctant to Discuss Crypto with Clients Due to Legal Concerns, Survey Finds

Financial Advisors Reluctant to Discuss Crypto with Clients Due to Legal Concerns, Survey Finds

Last updated: May 13, 2024 09:11 EDT | 2 min read A mere 1% of financial advisors frequently engage in discussions about crypto with their clients due to concerns about potential legal liabilities and associated expenses if the investment goes awry. According to CoreData’s “Australia’s Crypto Investors” report, a staggering 89% of financial advisers stated

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Hong Kong Financial Services Firm Unveils Plans to Launch Region’s Premier Spot Bitcoin ETF

Hong Kong Financial Services Firm Unveils Plans to Launch Region’s Premier Spot Bitcoin ETF

Last updated: January 18, 2024 23:35 EST | 1 min read Source: AdobeStock Hong Kong-based Venture Smart Financial Holdings Limited (VSFG) is gearing up to seek approval from the Securities and Futures Commission (SFC) for the introduction of a Bitcoin spot exchange-traded fund (ETF). JUST IN: HONG KONG’S VSFG PLANS TO LAUNCH SPOT #BITCOIN ETF

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House Financial Services Subcommittee on Digital Assets Tackles Hamas’ Illicit Cryptocurrency

House Financial Services Subcommittee on Digital Assets Tackles Hamas’ Illicit Cryptocurrency

The House Financial Services Subcommittee on Digital Assets, Financial Technology & Inclusion convened the afternoon of Wednesday, November 15th, to discuss illicit activity in regards to cryptocurrency. Bad actors “We know that bad actors prey on vulnerabilities wherever they can find them,” said Chairman House Financial Services Chairman Patrick McHenry (NC-10). “There’s a bipartisan agreement,

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U.S. Financial Services Committee to Discuss “Illicit Activity in Digital Assets” at Wednesday Hearing

U.S. Financial Services Committee to Discuss “Illicit Activity in Digital Assets” at Wednesday Hearing

The Financial Services Committee is holding a hearing on Wednesday, November 15th, to discuss “illicit activity in digital assets,” including money laundering, terrorist financing, and the role of law enforcement in crypto crime. Witnesses include Senior Counsel and Director of Global Regulatory Matters at ConsenSys and former Associate Deputy Attorney General at the Department of

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