Category: United States

Bitcoin Strategy ProFund aims to tackle regulatory barriers for investors

Bitcoin Strategy ProFund aims to tackle regulatory barriers for investors

Mutual funds provider ProFund aims to enable crypto exposure for investors without actually buying Bitcoin. 310 Total views 7 Total shares The United States-based investment management firm ProFunds announced the launch of Bitcoin Strategy ProFund (BTCFX), one of the first publicly available mutual funds or ETFs that performs in parallel with Bitcoin (BTC). ProFunds provides […]

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Binance faces regulatory upheaval as lawmakers target ‘global’ exchanges

Binance faces regulatory upheaval as lawmakers target ‘global’ exchanges

The world’s largest cryptocurrency trading platform, Binance, has faced regulatory upheaval over the past week as jurisdictions clamped down on the use of unauthorized exchanges and warned citizens against accessing them. For Binance, adopting the moniker of “global exchange” has done very little to appease regulators that require specific licenses to offer financial services to […]

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