WAO ART

Thailand's SEC approved ONEAM to launch it's FIRST Bitcoin ETF, catering to wealthy and institutional investors. ONE-BTCETFOF-UI operates from May 31 to June 6, focusing on diversification and low asset correlation. Security standards and global regulatory compliance bolster the product's credibility and safety.

Core Scientific and CoreWeave strike a groundbreaking $3.5 billion 12-year deal to pivot from Bitcoin mining to AI and HPC services. CoreWeave's $300 million investment in infrastructure upgrades will drive the shift towards advanced computing and AI applications, reducing financial risk for Core Scientific.

Circle CEO launches partnerships in Brazil to promote USDC adoption, highlighting Brazil's role in crypto. Besides BTG Pactual partnership, collaborations with Nubank & Mercado Bitcoin set the stage for greater adoption. Allaire cites proactive Brazilian regulators & praises financial tech advancements.

Rwanda is considering launching a Central Bank Digital Currency (CBDC) to stay technologically current and facilitate seamless trade with major partners. Deputy Governor of the National Bank of Rwanda stressed the need for Rwanda to align with trading partners exploring digital currencies.

Monochrome Asset Management in Australia has launched the first spot Bitcoin Exchange-Traded Fund on the Cboe Australia exchange, allowing direct Bitcoin holding. This ETF distinguishes itself by enabling direct global in-kind creation or redemption, unlike typical intermediated ETFs.

Canada's government is gearing up for significant AI integration after designing a national strategy led by the Treasury Board. Collaboration with various agencies is anticipated. The plan involves incorporating AI experts' input to enhance governmental efficiency.

European stablecoin provider Lugh is halting the issuance of its Euro-pegged stablecoin, EURL. The decision is in response to the upcoming implementation of the European Union's Markets in Crypto-Assets Regulation (MiCA). Lugh guarantees the redemption of existing EURL tokens until August 30, 2024.