Japanese Firm Metaplanet Buys 150 Bitcoins
Tokyo-listed investment firm Metaplanet has increased its Bitcoin holdings by purchasing an additional 150 BTC for $12.5 million at an average price of $83,508 per Bitcoin.
Xapo Bank Unveils Bitcoin-Backed Loans
Xapo Bank has launched a Bitcoin-backed loan service, enabling eligible members to obtain USD loans without selling their Bitcoin.
Hashdex to Add Several Altcoins to its Crypto Index ETF
Hashdex has filed an amendment with the US Securities and Exchange Commission to expand its cryptocurrency index ETF to include additional altcoins like XRP and Cardano (ADA).
Ripple Files Trademark Application for Crypto Custody and Wallet Services
Ripple Labs has filed a trademark application for “Ripple Custody,” signaling a move into cryptocurrency custody services.
Canary Capital Files to Issue a Sui ETF
Canary Capital Group announced on Monday its intention to secure regulatory approval for an exchange-traded fund linked to the spot price of Sui.
Argentina Finalizes New Crypto Regulatory Framework
Argentina’s securities regulator has established rules for virtual asset service providers (VASPs), detailing conduct codes and custody requirements for cryptocurrency exchanges and digital asset platforms.
Bank of Korea Rejects Bitcoin for its Foreign Reserves
The Bank of Korea has opted not to include Bitcoin in its foreign exchange reserves due to its high volatility and failure to meet the International Monetary Fund’s guidelines on liquidity and risk management.
