cryptd.in

Alternatyvus "LinkedIn", skirtas kriptografiniams talentams

Kazakhstan Debuts Central Asia’s First Spot Bitcoin (BTC) ETF

-

pagal

cryptd.in
svetainėje

One of the seven countries in this region of Asia has unveiled an impressive accomplishment and has joined global peers to offer the leading crypto asset in a regulated manner.

While nearby nations are behind in terms of adoption, they are making steps in the right direction.

Region-First

In a news outlet for Kazakhstan and Central Asia, Fonte Capital, an investment manager based in Astana, the capital of the country, paskelbė . the launch of the Fonte Bitcoin Exchange Traded Fund OEIC (BETF), which will trade on the Astana International Exchange (AIX).

Source: The Astana Times

The fund will be priced in USD and backed by Bitcoin, offering institutions and investors regulated and secure access to the primary cryptocurrency.

The fund’s custodian will be BitGo Trust, an American corporation that manages up to $250 million in capital. The bitcoins are in cold wallets, which are placed in secure vaults. These are safety precautions to thwart any hacking attempts or risks from counterparties, AIX commented on a press release.

It’s designed to maintain low fees and minimize the risk of price mismatches compared to bitcoin’s price. Local or international investors can purchase shares of the BETF fund through AIX, without needing to manage private keys or interact with cryptocurrency exchanges.

The fund is under the jurisdiction of the Astana International Financial Centre (AIFC), which provides the legal framework for digital assets in the Central Asian Region.

The largest landlocked country in the world is now joining peers such as the United States, Canada, and Hong Kong in approving and operating spot BTC exchange-traded funds (ETFs), solidifying its position as a regional pioneer in Web3 finance.

Kazakhstan’s establishment of the fund comes at a time when Bitcoin ETFs are seeing immense interest from institutions, governments, and everyday investors. According to data from Coinglass as of the time of writing, these financial instruments have a market capitalization of over $160 billion, having been live for approximately a year and a half.

Source: Coinglass

An Emerging Market

While not as impressive as the development in Kazakhstan, several other countries in the region are exploring cryptocurrencies and their use cases.

Uzbekistan, for example, has jumped a total of 54 spots to rank 33rd in last year’s Global Crypto Adoption report from Chainalysis. Additionally, crypto mining and trading have been legalized and made tax-free by decree since 2018.

Notably, in Kyrgyzstan, Bitcoin is treated as a commodity, with buying, selling, and mining allowed under regulation.

Pranešimas Kazakhstan Debuts Central Asia’s First Spot Bitcoin (BTC) ETF appeared first on CryptoPotato.

Komentarai

Parašykite komentarą

El. pašto adresas nebus skelbiamas. Būtini laukeliai pažymėti *

Naujausi duomenų srautai

Populiarios kategorijos

lt_LT Lietuvių kalba
lt_LT Lietuvių kalba en_US English ro_RO Română et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

Paieška svetainėje

Populiarios istorijos

Žymos

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenRinkimai (1) #BinanceVsCoinbase (1) #Bitcoin (458) #BitcoinETF (3) #Bitcoin pagrindai (1) #BitcoinHandling (1) #BitcoinPrice (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #BTitwise (1) #BracebridgeCapital (1) #BRC20Tokenų (1) #BTCįsigijimas (1) #BullishPrediction (1) #BullishSentiment (1) #CKinijos kalnakasyba (1) #CPIPperžiūra (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #C Kriptomanija (1) #CryptoMarket (4) #CryptoPrediction (1) #C kriptografinės prognozės (1) #C kriptografinis reguliavimas (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #C kriptografijos neapibrėžtumas (1) #DerivativeJump (1) #Dogecoin (74) #DogecoinGains (1) #DogecoinVolume (1) #DutchCourt (2) #ECkomercija (1) #ElSalvadorBitcoin (1) #Ethereum (74) #EtereumPain (1) #EthereumPrice (1) #Eksperto nuomonė (1) #FedRateCut (1) #FiatCurrency (1) #Finansinis poveikis (1) #Finansų privatumas (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) 1TP5Investicijos (1) 1TP5Investicijų nuostoliai (1) #Japonijos įmonė (1) #Teisiniai veiksmai (1) #Teisinis poveikis (1) #Teisės aktai (1) #Žaibo tinklas (1) #M rinkos analizė (3) #M Rinkos stebėjimas (1) #M rinkos prognozė (1) #M rinkos prognozės (1) #M rinkos projekcija (1) #MarketSupport (1) #M Rinkos nepastovumas (1) #M santuoka (1) #MemeCoin (5) #MemeCoins (2) #MinerProfitability (1) #M Pinigų plovimas (2) #MtGox (4) #NorthKoreaCrypto (1) #NovogratzPrognozė (1) #PriceMilestone (1) #PKainų prognozė (2) 1TP5Kainos klausimas (1) 1TP5Kainų šuolis (1) #PrisonSentence (1) #QuantAnalysis (1) #Reguliacinis spaudimas (1) #SECAntiCrypto (1) #ShibaInu (6) #SocialBuzz (1) #Techninė analizė (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashDeveloper (1) #UKCrypto (1) #UpsidePotencialas (1) #USKongrese (1) #WyomingLand (1) #XRCena (1) #XRPpasirodymas (1)

Naudingos nuorodos

Nuorodos, kurias radau naudingas ir kuriomis norėjau pasidalyti.