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

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/

——————————————————————


***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



Hosted on Acast. See acast.com/privacy for more information.

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(841)

Sept 2: Wall Street Wants Its Own Stablecoin as Bitcoin Miners Keep Pivoting to AI

Sept 2: Wall Street Wants Its Own Stablecoin as Bitcoin Miners Keep Pivoting to AI

Podcast SummaryWall Street's largest banks are preparing their own stablecoin infrastructure while the London Stock Exchange Group and Kraken work toward tokenized UK stocks. Matt looks at whether ban...

2 Sep 12min

Sept 1: Bond Yields Are Squeezing Bitcoin as Strategy Keeps Buying

Sept 1: Bond Yields Are Squeezing Bitcoin as Strategy Keeps Buying

Bitcoin remains around $77,000 to $78,000 as rising global bond yields become the biggest macro story for crypto. U.S. Treasury yields are approaching 4.8%, energy prices remain elevated, and markets ...

1 Sep 10min

Bitcoin Holds Its Ground While Craig Hunts for Cleaner Trends

Bitcoin Holds Its Ground While Craig Hunts for Cleaner Trends

Bitcoin spent last week consolidating after its huge move higher, and Craig sees the lack of a major snapback as a positive sign. The weekly candle finished essentially flat, even after selling follow...

31 Aug 6min

August 31: Bitcoin Falls Back Below $78K as AI and Bitcoin Mining Become the Same Infrastructure Story

August 31: Bitcoin Falls Back Below $78K as AI and Bitcoin Mining Become the Same Infrastructure Story

itcoin is back below $78,000 after another failed attempt to establish $80K as support, while ETF inflows finally broke their winning streak and Kevin Warsh's Jackson Hole comments increased expectati...

31 Aug 15min

August 28: Bitcoin Still Can’t Hold $80K as AI Infrastructure Creates a New Investment Trade

August 28: Bitcoin Still Can’t Hold $80K as AI Infrastructure Creates a New Investment Trade

Bitcoin got as high as roughly $81,300 overnight and still couldn't maintain $80K. The battle is getting clearer. ETF demand remains strong, with another $242 million entering U.S. spot Bitcoin ETFs T...

28 Aug 17min

August 27: Bitcoin Is Still Fighting $80K, but the Fed Could Change the Story

August 27: Bitcoin Is Still Fighting $80K, but the Fed Could Change the Story

Bitcoin finally broke $80K, but it could not hold it. That makes today's price action a rejection, not a confirmed breakout. The good news is that Bitcoin has real demand underneath it: U.S. spot ETFs...

27 Aug 15min

August 26: Bitcoin Keeps Bouncing Off $80K. What Will It Take to Break Through?

August 26: Bitcoin Keeps Bouncing Off $80K. What Will It Take to Break Through?

Bitcoin keeps bouncing off the $80,000 resistance level, and Matt explains why profit-taking is the biggest obstacle right now. Institutional investors are locking in strong gains, the short squeeze t...

26 Aug 12min

Bitcoin Just Changed the Picture

Bitcoin Just Changed the Picture

Craig says Bitcoin’s 26% weekly move changed the higher-timeframe picture. After weeks of frustrating sideways action, the three-month and six-month charts are now showing structures that have histori...

25 Aug 5min

Populärt inom Business & ekonomi

framgangspodden
rss-jossan-nina
varvet
rss-borsens-finest
badfluence
svd-tech-brief
uppgang-och-fall
avanzapodden
rss-inga-dumma-fragor-om-pengar
lastbilspodden
24fragor
bathina-en-podcast
rss-kort-lang-analyspodden-fran-di
fill-or-kill
tabberaset
borsmorgon
kvalitetsaktiepodden
rikatillsammans-om-privatekonomi-rikedom-i-livet
rss-hos-psykologen
rss-dagen-med-di