Lulo Invest Newsletter #41

Hong Kong is set to develop a more flexible regime for cryptocurrency exchange-traded funds (ETFs), even though the US leads in both approval speed and market size, experts said. A key difference between Hong Kong's proposed rules for spot cryptocurrency ETFs and products approved in the US is that Hong Kong will allow both cash and in-kind subscriptions. Under such rules, participating dealers can directly use bitcoin to subscribe to or redeem the ETF's shares, whereas in the US, such subscript

NFTs, DeFi and outlawing privacy tools might be out, but for crypto firms, requirements for customer checks might be more stringent than for banks, policy watchers told CoinDesk.

The survey, which was conducted in December 2023, featured 1,280 respondents who were interviewed in their homes.

The newly launched bitcoin exchange-traded funds already have nearly $30 billion in assets under management. Silver ETFs only have $11 billion.

Data suggests BTC will struggle to reclaim its 2024 highs due to mounting headwinds.

Thailand’s Securities Exchange Commission has lifted restrictions on retail investors purchasing digital tokens backed by real estate or infrastructure projects.

USDC's open technology is currently accessible on 15 different blockchains.

dYdX has surpassed Uniswap's daily transactional volume, hitting $757 million, following the its decision to move to Cosmos blockchain

Criminal activities like darknet market sales and ransomware extortion still mostly use BTC, according to Chainalysis.

Italian startup BlockInvest will tokenize non-performing loans in that country in projects supported by Polygon Labs technology.

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