The Securities and Futures Commission hinted it would follow in the CME’s footsteps by only initially allowing listings of ETFs linked to Bitcoin and Ether futures. The Securities and Futures Commission of Hong Kong has set up requirements for entities considering a public offering of an exchange-traded fund (ETF) tied to cryptocurrency futures.In an Oct.… More
Introduction Hard money is considered asset-based lending. It gets its name from the fact that borrowers have to offer hard assets as collateral on the loans they obtain. In most cases, the asset is the piece of property being obtained with loan proceeds. Lenders take a good, hard look at properties in making their approval […] More
Marc Andreessen, co-founder and general partner at the VC firm Andreessen Horowitz, says crypto represents the latest, most significant transformation of the tech industry. Marc Andreessen, co-founder and general partner at venture capital firm Andreessen Horowitz (also known as a16z), made a case for crypto and blockchain as the most significant new architecture change in… More
Masayoshi Son found Bitcoin to be “distracting his own focus on his own business.” While the ongoing cryptocurrency bull run is boosting crypto adoption, some billionaire investors still find Bitcoin (BTC) to be something of a distraction. Masayoshi Son, a billionaire technology entrepreneur and CEO of Japanese conglomerate SoftBank, claimed that he “doesn’t understand” Bitcoin amid the… More