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“# South Korean pension fund to invest in Bitcoin ETF: Report ” South Korea’s public pension fund, the Korean Teachers’ Credit Union (KTCU), is reportedly looking to gain exposure to Bitcoin (BTC) via a crypto exchange-traded fund (ETF). KTCU, one of the largest institutional investors in South Korea, is considering investing in a pure Bitcoin…
“# 21Shares partners with German brokerage to offer crypto ETPs for savings accounts ” Investment product issuer 21Shares has joined forces with comdirect, a leading online brokerage in Germany, to bring its cryptocurrency exchange-traded products, or ETPs, to savings accounts. The partnership means that comdirect’s nearly 3 million customers will be able to integrate physically-backed…
“# Coinbase will pay users 4% interest on USDC holdings ” Major cryptocurrency exchange Coinbase has announced users will be able to earn 4% interest on USD Coin through a product the company compared to an alternative to a fiat savings account. In a Tuesday blog post, Coinbase said its users could earn 4% annual…
“# Better, faster, cheaper: How DeFi will kill the retail bank ” The world runs on consumer spending and consumer saving. It is everyday people who actually power the most important parts of the global economy and the global financial system. For consumers, this system runs through their retail bank. It is where most people…