Fiatum Channel

2021-10-20 12:06:26 HONG KONG OSL LAUNCHES SERVICES IN LATIN AMERICA

OSL is a company from Hong Kong, they are a part of BC Group and they have their digital asset trading platform. This Tuesday it was confirmed they are now offering exchange services to private and institutional investors in Argentina, Brazil, Colombia, and México. According to the statement, the company is looking to provide customers with “access to a global liquidity pool” as the demand for crypto services in Latin America will serve regional funds.
“Until the end of the year, we have removed fees for professional investors and institutions that want to start interacting with our exchange,”-said Fernando Martinez, OSL’s head, to CoinDesk, adding that the exchange does not support local currencies yet and works only with U.S. dollars.
Martinez confirmed OSL is the only digital asset platform, licensed by Hong Kong’s Securities and Futures Commission, that will compete against local firms, offering the same services. Open / Comment

2021-10-20 11:58:56 PROSHARES BITCOIN FUTURES ETF MAKE DEBUT IN THE MARKET

The sponsor of the fund, ProShares, stated that from the seed capital of $20, Million Bitcoin Futures ETF “BITO”, the first ever exchange traded fund (ETF) backed by Bitcoin futures, went to $570 million on the first day of the sale.
It was launched on Tuesday on the New York exchange and it was confirmed that fund saw a $1 billion trading volume same day, making it the second most heavily-traded new NFT-according to Bloomberg.
Dave Nadig, chief investment officer and director of research of ETF Trends, made his statement: “This is probably going to be what we all expected, which is it’s an access vehicle for certain players in the marketplace.” “There’s lots of folks who are active participants in the markets who just don’t want to cross over the crypto bridge by themselves.”
The Securities and Exchange Commission (SEC) of the United States approved the ETF last week and reportedly there are few other ETF projects pending for approval. Open / Comment

2021-10-19 14:25:02 RUSSIA IS NOT INTENDED TO BAN CRYPTO

Russia’s deputy minister of finance Alexey Moiseev has made some statements on the settlements in crypto still being prohibited for Russia citizens:
“At the same time, citizens can buy cryptocurrencies and use wallets outside the Russian Federation. It will remain so, I think. There are no plans to change anything yet.”- he said to reporters.

During a lecture at the MGIMO (Moscow State Institute of International Relations), fully dedicated to the digitalization of financial markets, Moiseev shared, that Russia do not plan to adopt crypto as a payment method anytime soon. When replying to questions from students, related to possibility of crypto payment options in the future he said government is concerned that “allowing crypto payments could lead to loss of control of authorities over money supply”. Open / Comment

2021-10-19 13:45:36 USERS BEWARE OF THE FAKE APPLE EVENT STREAMS

Scammers were trying to take advantage of the customers during an event of the launch IPhone 13. It was promised to users a Bitcoin as a reward for watching “Unleashed Event”, however it had nothing to do with Apple officials offer. Bitcoin scammers have reportedly defrauded customers of $69.000.
The scheme was explained later after investigation took place-fraudsters overlaid on the event interview videos pop-up messages that suggested users to visit a special website, www.2021appleorg. The site that opens looks same as official Apple’s with only difference-it was promoting a bitcoin as a giveaway. Messages involved claiming that Apple would double a donation of bitcoins.
The site was soon shut down and is unlikely to reappear. Apple confirmed they will never give away bitcoin or any other crypto and they would never direct anyone to anywhere except for official one, otherwise you can make sure it is potential fraud. Open / Comment

2021-10-19 13:29:49 VENEZUELAN AIRPORT WILL SOON ACCEPT BITCOIN AS A PAYMENT METHOD

The Simón Bolívar International Airport, which is one of the major international airports in the country, is officially making preparations for the Bitcoin adoption as a mode of payment. Other cryptocurrencies will include DASH and Venezuela’s crypto token – petro – all only for airport services.
News about airport getting interested in such innovation were reported earlier this year by local news broadcasting company, El Siglo.
Freddy Borges, the director of the airport, stated that Venezuelans should not be the last to take advantage of these alternative payment options.
Additionally, airport administrators are working on applying more payment methods in collaboration with the country’s National Superintendence of Crypto Asset and Related Activities.
Meanwhile, Venezuela is developing and testing its Central Bank Digital Currency (CBDC), a crypto asset pegged to its national currency. Open / Comment

2021-10-19 13:21:48 AUSTRALIA HOLDS 3RD POSITION AMONG COUNTRIES WITH THE HIGHEST RATE OF CRYPTO ADOPTION

According to a survey, which covered more than 40.000 individuals across 22 countries and launched by comparison site Finder, Australia holds the third position among countries with the highest rate of crypto adoption.
The survey is based on the site’s Cryptocurrency Adoption Index and analises the growth of crypto worldwide through a regular survey of customers across 22 countries.
According to a report, Australia, with ownership of 17.8% beats out Indonesia (16.7%) and the city of Hong Kong, an administrative region of China (15.8%).
“Australian’s love to gamble,” Fred Schebesta, CEO of Finder, shared with CoinDesk .“They are also super savvy in terms of finance ... the laws around crypto make it super smooth to buy and sell.”-he continued.
Finder reported bitcoin is the most popular crypto with 65.2% of Australian’s owning it, Ethereum holds second position, and Cardano is third in the list. Open / Comment

2021-10-19 12:10:19 20 MAJOR LANGUAGES HERE

Dear Subscribers, we are happy to announce that we have full staff of operators speaking in various languages. We speak English, Chinese, Hindi, French, Spanish, Portuguese, Arabic, Turkish, Thai, Indonesian, Vietnamese, et cetera. Don't be shy to use your own language on this Channel or at a specific Telegram group with your native language, the list of said chats was published earlier. Open / Comment