Business
Bitcoin ready to bust retail taboo – The Australian Financial Review
Believers and sceptics seem to agree that 2021 will be the year when stock exchanges in leading financial centres drop their opposition to the listing of a bitcoin…
Richard Galvin, the co-founder and chief executive of crypto fund manager Digital Asset Capital Management, says he is confident a bitcoin ETF will be launched this year even though he made similar calls in 2019 and 2020 and was proven wrong.
“There are many benefits from a regulatory perspective of having an ETF,” he says.
“You’re bringing trading on to your regular exchanges where people have normal broker relationships with KYC (know-your-customer) and AML (anti-money laundering) relationships.
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