Daily issue #79: BTC Mutual Trust Fund in Canada, Cryptocurrency Wipeout Deepens, EU About Crypto...
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Canadian Bitcoin Fund Receives Status as Mutual Fund Trust
The “first” regulated BTC fund in Canada has obtained the status of a mutual fund trust, allowing accredited investors to deposit their units in tax-beneficial accounts...
Cryptocurrency Wipeout Deepens To $640 Billion As Ether Leads Declines
The cryptocurrency bear market plumbed a fresh 10-month low on Monday as Bitcoin's biggest rival tumbled and U.S. regulators suspended trading in two securities linked to digital assets. Ether, the second-largest virtual currency, slumped 11 percent from its level at 5 p.m.
Crypto ‘Here to Stay’ but Needs Classification, Says European Commission Vice President
The E.U. will focus on developing crypto asset classifications and “regulatory mapping,” since crypto is “here to stay,” says European Commission Vice President...
CREDITS: Photo by Les Anderson
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