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Mass Approvals: SEC Green-Lights 11 Spot Bitcoin ETFs

[Jan 10, 2024 3:21 PM] The U.S. Securities and Exchange Commission (SEC) has approved 11 spot bitcoin exchange-traded funds (ETFs) for listing and trading on U.S. stock exchanges. In a historic move after years of anticipation and regulatory hurdles, the approved spot…

Honduran City of Prospera Adopts Bitcoin as Unit of Account

[Jan 9, 2024 8:30 AM] The city of Prospera in Honduras has recently adopted bitcoin as a unit of account, allowing companies to pay taxes and determine obligations in bitcoin. The measure could incentivize the development of a circular economy, given that bitcoin has…

South Korea Proposes Ban on Credit Card Crypto Purchases

[Jan 9, 2024 2:00 AM] Amidst a national surge in crypto trading, South Korea’s FSC is proposing a significant change to their credit finance laws, potentially barring citizens from the use of credit cards in cryptocurrency transactions. South Korea Aims to Tighten…