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EU Regulator Considers Crypto Inclusion in €12 Trillion UCITS Funds


The European Securities and Markets Authority (ESMA) has initiated a call for evidence to explore the potential inclusion of new assets, including cryptocurrencies, in UCITS funds, which represent a major share of EU retail investments. UCITS, an acronym for Undertakings for Collective Investment...

UAE Introduces CBDC Implementation Strategy – Here’s What’s Inside


The UAE's central bank has announced a comprehensive strategy to implement a central bank digital currency (CBDC) for retail and wholesale use. In partnership with technology providers R3 and G42 Cloud, the UAE envisions that digital dirham will streamline cross-border transactions, enhance...

Tether Launches On Celo Chain


Stablecoin leader Tether (USDT) has launched on the Celo blockchain, expanding its reach and targeting wider financial inclusion. Celo's mobile-first approach and diverse ecosystem offer new avenues for the popular stablecoin, potentially simplifying transactions and driving adoption in emerging...

BlackRock’s Global Allocation Fund to Invest in Spot Bitcoin ETFs


BlackRock, the world's largest asset manager, announces spot Bitcoin ETF inclusion in its popular Global Allocation Fund. This move reflects BlackRock's expanding cryptocurrency investments, which include its own rapidly growing iShares Bitcoin Trust (IBIT). The post BlackRock’s Global...

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