The FMA reports two-thirds of the investment fraud reports filed in 2020 were related to cryptocurrency and digital currency trading products, according to a report.
This is the second bitcoin ETF approved to trade in Canada.
Geely will own 80% of the venture while Concordium will own the rest.
Gates has previously criticized cryptocurrencies and said he’d short bitcoin “if there was an easy way to do it.”
Banks had feared being drained of liquidity under the original concept for the digital currency.
A new tie-up with payments firm Klarna brings the exchange access to more than 5,000 banks across Europe.
Local firm Bitcoin Suisse has partnered with the canton of Zug, converting cryptocurrency tax payments into Swiss francs.
The sale gives Christie’s a chance to “dip its toes” in crypto, said a New York representative.
The bill proposes to recognise cryptocurrency as property for purposes of taxation.
3LAU is partnering with blockchain platform Origin to launch an auction for the Ultraviolet Vinyl NFT Collection.