Lulo Invest Newsletter #44

Lulo Invest Newsletters
February 09, 2024

Welcome to our 44th Newsletter

Visa enables crypto withdrawals on debit cards in 145 countries

Visa clients in 145 countries can now withdraw cryptocurrencies like Bitcoin directly from wallets like MetaMask to debit cards via the new Transak integration.

cointelegraph.com/news/visa-crypto-withdrawals-cards-145-countries

Crypto industry tops all Canadian fintech investments 2 years in a row

KPMG partner Edith Hitt said that anticipation for the spot Bitcoin ETF approvals in the United States played a part in sustaining interest in crypto and blockchain in Canada.

cointelegraph.com/news/crypto-canada-fintech-investments-2023-kpmg-report

Indian Crypto Executives Launch Pi42 Crypto Futures Exchange

Discover how Nischal Shetty and Avinash Shekhar's Pi42 crypto exchange is reshaping India's digital currency landscape.

coingape.com/indian-crypto-executives-launch-pi42-crypto-futures-exchange

Thailand Pushes Towards Digital Asset Hub with Introduction of VAT-Free Crypto Trading

Thailand's Finance Ministry has announced the exemption of value-added tax (VAT) on digital asset trading to position itself as a digital hub.

cryptonews.com/news/thailand-pushes-towards-digital-asset-hub-with-introduction-of-vat-free-crypto-trading.htm

South Korea to implement virtual asset act, regulator to meet Gary Gensler in US

The South Korean Financial Services Commission will implement the Virtual Asset User Protection Act starting July 19

crypto.news/south-korea-to-implement-virtual-asset-act-regulator-to-meet-gary-gensler-in-us

Europe leads Ethereum ETF market with $4.6b AUM

While U.S. regulators deliberate on spot Ethereum ETFs, Europe and Canada already boast billions in spot and futures ETH-related products.

crypto.news/europe-leads-ethereum-etf-market-with-4-6b-aum

Blockchain Could Have Saved Americans $74B in Credit Card Fees: Coinbase

According to a recent Coinbase report, Blockchain technology could have saved Americans $74 billion in Credit Card fees in 2022

coingape.com/blockchain-could-have-saved-americans-74b-in-credit-card-fees-coinbase

JPMorgan Survey Shows Over Half of Institutional Traders Don't Want Crypto Exposure

The bank’s survey of over 4,000 traders found that 78% of the participants do not plan to trade cryptocurrencies, while just 12% plan to do so in the next five years.

www.coindesk.com/markets/2024/02/08/jpmorgan-survey-shows-over-half-of-institutional-traders-dont-want-crypto-exposure