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BlackRock plans to launch a Bitcoin ETP in Europe

BlackRock is planning to launch a Bitcoin ETP in Switzerland. This move follows the success of BlackRock’s US Bitcoin ETF. The Bitcoin ETP could boost crypto adoption with the EU’s MiCA regulations. BlackRock Inc., the world’s largest asset manager, is gearing up to launch a Bitcoin Exchange-Traded Product (ETP) in Europe, marking another significant step in the firm’s expansion into the cryptocurrency market. The new ETP product is set to be registered in Switzerland. This move follows the resounding success of BlackRock’s $58 billion US Bitcoin ETF. The success of BlackRock’s US Bitcoin ETF, which by early February 2025 had gathered $57.5 billion in net assets, speaks volumes about the investor appetite for such products. CEO Larry Fink’s remarks at the World Economic Forum in Davos highlighted Bitcoin’s potential as a hedge against currency debasement, suggesting a broader acceptance of cryptocurrencies as a...

CoinGecko expands crypto data API with Zash acquisition

CoinGecko, a prominent cryptocurrency data aggregator, has acquired Zash. Zash is an industry leader in NFT data infrastructure and intelligence. The acquisition aligns with CoinGecko’s vision to tokenize any feasible asset. In a strategic move to bolster its cryptocurrency data services, CoinGecko has completed its first-ever acquisition by adding Zash, a prominent NFT data infrastructure and intelligence company, to its portfolio. Zash’s NFT data integration CoinGecko, a leading crypto currency data aggregator, has finalized the acquisition of Zash, an industry trailblazer in NFT data infrastructure and intelligence. Established in 2021 by CEO Parit Patel and CTO Efe Surekli, Zash has gained recognition for providing enterprise-grade, indexed NFT data across 87 distinct marketplaces, spanning Ethereum,  Binance Smart Chain, Polygon, Solana, and Bitcoin Ordinals. CoinGecko, with its vision of tokenizing any asset possible, recognizes the...

Blockchain.com Launches Crypto Visa Card With 1% Cashback Crypto Rewards

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Crypto firm Blockchain.com has announced the launch of a new crypto-centric pre-paid Visa card and so far, 50,000 users have registered for the waitlist signup. In addition to launching its crypto Visa card powered by the card issuing platform Marqeta, Blockchain.com Visa users will earn 1% back in crypto whenever they spend funds using the card. Blockchain.com Introduces Crypto Visa Card Blockchain.com is joining the likes of Crypto.com, Ripio, Bitso, Coinbase, Bitpay, Blockfi, and FTX by announcing the launch of a new crypto-loadable pre-paid Visa card. According to the announcement on Wednesday, Blockchain.com Visa users can “spend from a crypto balance fee-free and offer the opportunity to earn crypto rewards.” Blockchain.com CEO Peter Smith showing off the new crypto-centric Visa card during a Yahoo Finance broadcast. Moreover, 50,000 registered users have already signed up for the company’s new crypto payments card. “As one of the crypto industry’ s oldest and most trusted pl...

Kazakhstan crypto mining sector to be regulated with a new bill

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Join Our Telegram channel to stay up to date on breaking news coverage According to recent reports, the lower house of Kazakhstan’s parliament recently gave the green light to new bills that will bring additional regulations to the local crypto industry. The new bill is meant to introduce crypto mining rules, requiring miners to create authorized entities and register with the regulators. Of course, they will also be required to pay appropriate taxes. The government’s decision to tackle mining comes from the fact that Kazakhstan has grown into one of the world’s largest crypto-mining hubs after the miners were forced to leave China. However, the country has since seen a lot of so-called “gray mining,” where miners conduct mining operations without having the necessary license or registering with the government. To combat the issue, the lower house of parliament approved five new bills that will focus on the mining sector and mining pools. According...