►Grayscale is pushing for mass adoption with a new Bitcoin and Crypto commercial that takes aim at Quantitative Easing. Will people get it or will it fly over their heads? NY Approves 8 cryptos to TRADE and MORE TO CUSTODY. Also, Ethereum Classic is taking 14 days to settle?
BITCOIN & Cryptocurrency COMMERCIAL Airing on FOX NEWS, CNBC & MSNBC + NY Approves 8 Crypto Assets
Everyone should see it! Click here! http://youtube.com+watch=@3162039724/AyAb
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Swiss cryptocurrency financial firm Amun AG has gained permission to offer its products to retail clients in the European Union. In a press release issued on Dec. 10, Amun confirmed it had received approval for a base prospectus it filed with Sweden’s finance regulator, the Swedish Financial Supervisory Authority (SFSA). Following regulatory approval, the firm can now market its various exchange-traded products (ETPs) to retail clients throughout the EU.“We recognise that the regulatory framework in Sweden has been supportive of such initiatives and we welcome its deliberation,” Ophelia Snyder, president of Amun, commented in the press release. Snyder added that ETPs remain sought after throughout the 28-member bloc: “The combination of strong demand for ETPs in Sweden – especially in crypto assets – among private investors and institutional clients and our strong expertise in these product categories create ideal conditions for Amun’s entry into the Swedish and European Union markets for ETPs.”As Cointelegraph reported, Amun has played a crucial role in the expansion of Switzerland’s own crypto offerings, both domestically and overseas. Among them was an ETP dedicated to crypto exchange Binance’s in-house cryptocurrency, Binance Coin (BNB), which launched on the Swiss Stock Exchange, or SIX, in October. Going forward, the company said it plans to only increase the number of ETPs on offer, stating that it is “committed to maintaining the highest standards of professionalism and looks forward to continuing a productive and collaborative relationship with new and existing partners in Sweden and the rest of the European Union.” SIX listed a Tezos (XTZ)-based ETP with staking rewards last month. The staking feature allows users to “stake” — or deposit — their funds to help maintain the Tezos network and passively earn rewards. Last week, SIX also launched a physically-backed Bitcoin (BTC) ETP targeted at institutional investors. Swissquote bank will serve as a custodian for the product.
All data is taken from the source: https://cointelegraph.com/
Article Link: https://cointelegraph.com/news/crypto-gains-new-eu-stronghold-as-sweden-approves-swiss-etp-startup
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Crypto Gains New EU Stronghold as Sweden Approves Swiss ETP Startup: https://www.youtube.com/watch?v=iL0NfTGef3o
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– Switzerland Green Lights World’s First Crypto ETF to be Listed Next Week The world’s first crypto Exchange Traded Product (ETP) is to start trading next week on Europe’s fourth biggest exchange, SIX Swiss Exchange, with a market capitalization of $1.6 trillion.
A crypto startup, Amun AG, has been given the green-light to list an index fund on a traditional stock exchange. Expect the SEC to follow soon on Bitcoin ETF approval to avoid being left behind.
– Berkeley Haas has been awarded a multi-year, multi-million-dollar grant from Ripple a growing company in the emerging blockchain industry, to support research,
courses and student activities in blockchain, cryptocurrency and digital payments.
– Felixo felixoexchange, a newly launched (October 30th) Turkey exchange has listed $XRP BTC pair.
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The Swiss independent financial markets regulator FINMA issued its first ever authorization to a crypto company with a license as an asset manager.
Lack of regulation is one reason why widespread crypto adoption is slow, especially when it comes to institutional investors. There is a lack of direct and regulated ways to gain exposure to this dynamic asset class, but hasn’t stopped crypto companies attempting to meet regulators half-way.