🌙 Hong Kong Approves ETH & BTC ETFs

Hong Kong regulators on Monday approved the launch of spot bitcoin and ether exchange-traded funds (ETFs).

Author

Mike Gavela
April 15, 2024

Crypto Roundup - Apr 15

Hong Kong is poised to approve the first spot Bitcoin and Ether ETFs, possibly by the end of April, marking a significant step for cryptocurrency integration into mainstream financial markets. In parallel developments, Norway is scrutinizing its data center legislation with particular attention to Bitcoin miners due to environmental concerns, potentially impacting the local cryptocurrency mining industry. Meanwhile, Solana developers are actively addressing network congestion issues to enhance transaction efficiency and reliability, which has been a persistent challenge for the blockchain platform.

Top stories:

  • Hong Kong Set to Approve ETFs: The region might soon allow trading of spot Bitcoin and Ether ETFs, expanding crypto accessibility.

  • Norway Evaluates Crypto Mining Laws: Environmental impacts are driving a reevaluation of Bitcoin mining operations in Norway.

  • Solana Tackles Congestion: Developers are implementing solutions to improve Solana's network performance and transaction throughput.

TOP STORIES

Hong Kong regulators approve launch of spot bitcoin and ether ETFs

Hong Kong regulators on Monday approved the launch of spot bitcoin and ether exchange-traded funds (ETFs), asset managers said.

www.cnbc.com/2024/04/15/hong-kong-regulators-approve-spot-bitcoin-and-ether-etfs-.html

Norway passes data center legislation signaling more scrutiny for Bitcoin miners

The mining industry in Norway has been largely unregulated up to this point, according to the country's minister of energy, who cited concerns regarding the greenhouse emission related to Bitcoin mining.

cointelegraph.com/news/norway-data-center-legislation-scrutiny-bitcoin-miners

How Solana developers are tackling network congestion challenges

Solana ecosystem engineers have been hard at work addressing network congestion issues that have hampered transaction processing in recent weeks.

cointelegraph.com/news/solana-developers-tackling-network-congestion

FUNDRAISES

OTHER HEADLINES

What to expect at Changpeng Zhao’s sentencing on April 30

Public perception and prosecutors’ arguments could affect how a federal judge sentences former Binance CEO Changpeng Zhao for a felony charge.

cointelegraph.com/news/changpeng-zhao-sentencing-binance

Get out of paying taxes? It's largely possible if you're an expat

Did you know it's possible for expats to mostly get out of paying U.S. taxes? We spoke with four tax professionals to get this and other tax-day tips.

cointelegraph.com/news/tax-advisors-share-tax-day-tips-crypto-holders

Adidas Releasing $2,500 Solana NFT Sneakers in Move-to-Earn Game 'Stepn' - Decrypt

Sportswear giant Adidas has partnered with move-to-earn game Stepn to release some pricey virtual running sneakers as Solana NFTs.

decrypt.co/226477/adidas-2500-solana-nft-sneakers-stepn-game

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