Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investments news
Financial firm ProShares is ready to roll out the first US-listed short bitcoin (BTC) futures exchange-traded fund (ETF) this week, allowing investors to effectively bet against BTC. The fund, dubbed the Short Bitcoin Strategy ETF, will trade on the New York Stock Exchange and go by the ticker BITI.
Regulation news
The Financial Action Task Force (FATF), the global money laundering and terrorist financing watchdog, said that there has been "some progress", but not enough, in the implementation of the travel rule, which “leaves a significant gap that means the VASP [virtual asset service provider] sector is vulnerable for criminal misuse." The full report by the FATF, to be published at the end of June, also provides an update on “emerging risks and market developments that FATF continues to monitor”, such as DeFi,...
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https://cryptonews.com/news/first-short-bitcoin-etf-in-us-fatf-not-happy-with...
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