Indian authorities have apprehended eight individuals in connection with a large-scale illegal cryptocurrency scheme that has been operating since 2018, defrauding over 100,000 people of USD 300 million or approximately IDR 4.6 trillion (assuming an exchange rate of IDR 15,648 per US dollar). Four out of the eight arrested individuals are law enforcement officers, according […]
In pursuit of gaining approval for a Bitcoin exchange-traded fund (ETF) from the U.S. Securities and Exchange Commission (SEC), VanEck, a New York-based asset manager, has resubmitted an updated application. This application showcases an innovative approach to fund seeding that distinguishes it from other contenders in the spot Bitcoin ETF market. VanEck faced setbacks earlier, […]