WAO ART #363

Bitcoin ETFs have reached a milestone of $10 billion in assets under management (AUM) just one month after their approval. The nine ETFs saw net flows of $2.7 billion on January 9, with BlackRock's iShares Bitcoin Trust leading the way with $4 billion worth of Bitcoin.

The Australian Securities and Investments Commission (ASIC) has won a case against crypto startup Block Earner, with a court ruling that the company's product offering violated the country's Corporations Act.

In the first seven months of 2023, Tether (USDT) surpassed Bitcoin as the most traded digital currency in Brazil's crypto market. Tether recorded R$ 109.8 billion ($22 billion) in transactions, marking an 84.5% increase compared to the same period in 2022.

Russian President Vladimir Putin has called the US dollar the main weapon used by the United States to preserve its power globally. He criticized the US for using the dollar as a tool of political struggle, stating that it was a grave mistake that is damaging the US economy and undermining its power.

Nigeria needs to regulate cryptocurrency activities to combat financial crimes, particularly money laundering, according to Adedeji Owonibi, Co-founder of A&D Forensics. The lack of regulations in Nigeria's crypto space allows for unmonitored practices.

Approximately 27% of Californians, or 8.2 million people, own cryptocurrency, according to data from Coinbase. These crypto owners are likely to influence the 2024 elections with their preference for pro-crypto candidates.

Hong Kong-listed OSL Digital Securities has partnered with Swiss UBS to participate in its "investment-grade tokenized warrant and simulated product life cycle." The collaboration aims to enhance transparency, reduce transaction fees, streamline settlement processes, and allow for more flexible trading hours.