Brazil's Comissão de Valores Mobiliários (CVM), the country's securities regulator, has approved an Ether (ETH) exchange-traded fund (ETF), according to an announcement by QR Capital, the holding company of QR Asset Management.The fund, which trades under the ticker QETH11 will trade on Brazil's highly reputable B3 stock exchange, which operates as a regional exchange and … [Read more...] about Brazilian securities regulator approves Ether ETF
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Another first for Polkadot as Kusama council approves first parachain slot auction
The Kusama council has passed Motion 310 confirming the start of the first slot auction on the Kusama network.According to details shared on the Polkadot governance platform Polkassembly, 13 out of the 19 “seats” on the Kusama council voted in favor of commencing the slot auction process.Source: PolkassemblyAs previously reported by Cointelegraph, Polkadot and Kusama co-founder … [Read more...] about Another first for Polkadot as Kusama council approves first parachain slot auction
Morgan Stanley approves Bitcoin investments for dozen funds
American investment bank Morgan Stanley plans to allow a dozen of its funds to invest in Bitcoin via cash-settled futures and the Grayscale Bitcoin Trust (GBTC), according to its filing with the Securities and Exchange Commission published yesterday.“Certain Funds may have exposure to bitcoin indirectly through cash settled futures or indirectly through investments in Grayscale … [Read more...] about Morgan Stanley approves Bitcoin investments for dozen funds
Iowa House approves bill to legally recognize blockchain smart contracts
On March 29, the Iowa House of Representatives passed a bill that seeks to legally recognize transactions and registrations made via blockchain smart contracts. The bill — SF541 — gained Senate approval earlier in the month. Under the auspices of the new bill, smart contracts would be given the same legal status as regular contracts, while distributed-ledger technology would be … [Read more...] about Iowa House approves bill to legally recognize blockchain smart contracts
Brazilian Stock Exchange approves two new crypto ETFs in Latin America
The Brazilian Securities and Exchange Commission, or CVM, approved two cryptocurrency ETFs this week — one 100% Bitcoin and the other composed of five cryptocurrencies, in addition to Bitcoin (BTC).For QR Asset Management, manager of the Bitcoin-only ETF, the product could accelerate the launch of a similar product in the United States, since the CVM, as well as the Securities … [Read more...] about Brazilian Stock Exchange approves two new crypto ETFs in Latin America