Jan 12: Asian Crypto Shifts & Global ETF Developments: Korea's Credit Clampdown, Japan's BTC Move, and ETF Triumphs
Daily Crypto News12 Tammi 2024

Jan 12: Asian Crypto Shifts & Global ETF Developments: Korea's Credit Clampdown, Japan's BTC Move, and ETF Triumphs

The Asian cryptocurrency landscape is undergoing significant regulatory and market changes. South Korea is tightening its grip on crypto transactions by seeking a ban on cryptocurrency purchases with credit cards and introducing new regulations for virtual asset distribution and listing. This move indicates a cautious approach by the government towards integrating digital currencies into the mainstream financial system. Meanwhile, Japan's e-commerce giant Mercari is reportedly planning to accept Bitcoin payments, reflecting a growing acceptance of cryptocurrencies in the region's retail sector.


In other news, Hong Kong is preparing to launch the first spot crypto ETFs in Asia, marking a major milestone for the region and potentially setting a precedent for other Asian markets. However, this progress in the ETF arena is not without its critics, as U.S. Senator Elizabeth Warren has expressed concerns, questioning the SEC's decision on Bitcoin ETFs.


Despite the regulatory debates, the first Bitcoin ETF has seen a staggering $4 billion in trading on its opening day, underscoring the immense investor interest and market potential for such products. In a significant endorsement, BlackRock CEO Larry Fink has shown support for an Ether ETF, further validating the growing interest in diversified cryptocurrency investment vehicles.

________


News Links 👇


https://www.hani.co.kr/arti/economy/finance/1123920.html


https://www.coindesk.com/policy/2024/01/04/south-korea-regulator-seeks-ban-on-crypto-purchases-with-credit-cards/


https://coingape.com/south-korea-to-introduce-virtual-assets-distribution-listing-regulation/


https://www.theblock.co/post/270798/japans-e-commerce-giant-mercari-plans-to-accept-btc-payments-report


https://www.caixinglobal.com/2024-01-11/hong-kong-prepares-to-launch-first-spot-crypto-etfs-in-asia-102155185.html

https://blockworks.co/news/sec-wrong-bitcoin-etf-elizabeth-warren


https://decrypt.co/212570/bitcoin-etf-4-billion-day-one-trading


https://www.coindesk.com/markets/2024/01/12/blackrock-ceo-larry-fink-backs-ether-etf/

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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT!


©Copyright 2023 Matthew Aaron Podcasts LLC



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May 13: NFT Trading, Getting Hacked, DOAs w/ @fxnction

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Today in Daily Web 3 News: Fxnction has had a hell of the past two years. Going from zero to trading millions in NFTs, to getting hacked. Now he is working on a new project that focuses on how to properly govern communities via DOAs. __________News Links 👇https://twitter.com/fxnction——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! This is NOT an offer to buy or sell securities.Investing and trading in cryptocurrencies is very risky, as anything can happen at any time.This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.I invest in many cryptocurrencies and stocks. They include, #btc , #ethereum , #bnb , #zili , #xyo , #matic, #coinbase, #tesla, #bakkt ©Copyright 2023 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

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Today in Daily Web 3 News: The US has not given the digital asset industry a clear path forward and because of this companies are looking elsewhere. SEC is playing game and the US Chamber of Commerce has finally had enough__________News Links 👇https://decrypt.co/139867/cz-looking-to-offload-majority-stake-binance-us-reporthttps://www.theblock.co/post/230575/do-kwon-bailhttps://www.theblock.co/post/230395/brian-armstrong-compensation-weath-security-coinbasehttps://decrypt.co/139843/chamber-commerce-slams-sec-coinbase-lawsuithttps://www.coindesk.com/markets/2023/05/11/decentralized-exchange-uniswap-trading-volume-outpaces-coinbase-for-4th-consecutive-month/https://www.theblock.co/post/230378/circle-treasury-holdings-debt-default-concern——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! This is NOT an offer to buy or sell securities.Investing and trading in cryptocurrencies is very risky, as anything can happen at any time.This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.I invest in many cryptocurrencies and stocks. They include, #btc , #ethereum , #bnb , #zili , #xyo , #matic, #coinbase, #tesla, #bakkt ©Copyright 2023 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

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