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Fidelity files registration of securities for its Bitcoin ETF with the SEC

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Fidelity Investments has filed registration of securities with the SEC for its spot Bitcoin ETF.  With over $4.5 trillion in assets, the firm has filed Form 8-A with the U.S. Securities and Exchange Commission (SEC) to register its Fidelity Wise Origin Bitcoin Fund. This filing indicates a move to make the fund a publicly traded security, a milestone for Fidelity and the broader acceptance of digital assets in traditional investment portfolios. Fidelity’s Form 8-A filing | SEC You might also like: SEC holds urgent meetings with Nasdaq and NYSE to discuss Bitcoin ETFs The filing comes at a turbulent time, as the crypto market lost over $540 million in liquidation today due to Matrixport claiming the SEC might reject all ETF applications. However, several journalists and analysts have refuted such claims shortly after.  SEC Form 8-A is a critical regulatory requirement for companies intending to list securities on an exchange. This registration underlines Fidel...

Standard Chartered-backed Zodia Markets gets VASP registration in Ireland

Zodia Markets is a Standard Chartered-backed digital asset exchange and brokerage platform. The company has announced its registration as a Virtual Asset Service Provider (VASP) by Ireland’s central bank. Zodia is looking to position itself for European expansion amid the upcoming MiCA laws. Zodia Markets, a digital asset exchange backed by Standard Chartered, is now registered as a Virtual Asset Service Provider (VASP) in Ireland. An announcement by the company on Friday stated that the VASP approval was granted to Zodia Markets (Ireland) Limited by the Central Bank of Ireland (CBI). This follows similar registration s by the Abu Dhabi Global Markets (ADGM) and the UK’s Financial Conduct Authority (FCA) – in September 2023 and in July 2022 respectively. Ireland is a burgeoning crypto market Zodia Markets’ registration in Ireland means the company now has regulatory approval in the EU , with this allowing it to expand its services i...