The Swiss regulator cited a growing appetite for cryptocurrency investments and said that multiple fund providers have submitted Bitcoin ETF applications.
The regulator granted an exemption from diversification rules while requiring custody safeguards and clear warnings about volatility and losses.... Read the full story at The Defiant
Switzerland has taken another major step toward bringing BTC deeper into its traditional financial system.
Switzerland’s market regulator, the Financial Market Supervisory Authority (FINMA), has approved the first exchange-traded retail fund that directly holds Bitcoin on Tuesday, October 20. The...
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