April 19th, 2024
Industry Headliners
The cumulative won trade volume on centralized crypto exchanges during the period recorded $456 billion, while the U.S. dollar reported $445 billion, the data showed.
- South Korean Party Pledges Access to US Bitcoin ETFs in Race for Votes (The Business Times)
President Yoon Suk Yeol’s People Power Party has vowed to delay a digital-asset tax, while the opposition Democratic Party pledged to lift curbs on exchange-traded funds – including US Bitcoin products – that directly hold tokens.
ChinaAMC, Harvest Global and Bosera International are among those that have been given the green light to issue ETFs.
The Conservative-party-led government has said it wants to make the U.K. a global hub for crypto and passed legislation last year to recognize crypto and stablecoins as regulated financial activities in the country.
Brazilian exchange operator B3 (B3SA3.SA), opens new tab said on Thursday it received a green light from the country’s securities regulator to offer bitcoin futures, with trading to start on April 17.
Regulatory Updates
McHenry has been negotiating stablecoin legislation with members of his party and House Democrats for months, and when a bill cleared his committee, it did so with the support of several Democrats.
Regulators in the country have said they plan to authorize up to 60 digital asset firms by April.
Data As of April 19th :
LeoQuidity 