Investment Learning

September 26, 2024

Dubai Updates Marketing Guidelines for Virtual Assets

According to BlockBeats, Dubai's cryptocurrency regulatory authority has updated its marketing guidelines for virtual assets, requiring companies to include disclaimers that clearly outline investment risks. Starting October 1, companies promoting virtual assets in the UAE must feature a 'prominent' disclaimer stating that 'virtual assets may partially or completely lose their value and are subject to extreme volatility,' as announced by the Dubai Virtual Assets Regulatory Authority (VARA) on Thursday.VARA's CEO, Matthew White, emphasized that by providing clear and actionable guidance, they aim to help virtual asset service providers (VASPs) offer services responsibly while fostering market trust and transparency.

September 26, 2024

Schwab Splitting Shares for Two-Thirds of ETF Lineup

Schwab, which has a total 33 ETFs, will do a share split to 20 funds effective Oct. 11.

September 26, 2024

Federal Reserve Officials Set to Speak Tonight Amid Market Uncertainty

According to Odaily, several Federal Reserve officials, including Jerome Powell, Susan Collins, Lisa Cook, Michelle Bowman, John Williams, Michael Barr, and Philip Jefferson, are scheduled to deliver speeches tonight. This comes after the Federal Reserve initiated a rate cut cycle with a 50 basis point reduction. The market remains uncertain about the extent of further rate cuts for the remainder of the year. As this is the first week following the Federal Reserve meeting, the officials' statements tonight may provide some clarity to the market. Investors should be aware of potential significant market volatility and associated risks.

September 26, 2024

Advisors' Surging ETF Use Led by Active Funds: Fidelity

Fidelity report shows active ETF usage more than doubled since 2022.

September 25, 2024

Biden admin deliberately killed off Silvergate to ‘decapitate’ crypto — Nic Carter

The now-bankrupt Silvergate Bank was forced to cap its crypto deposits at 15% under threat of being shut down by US regulators, claims Castle Island Ventures partner Nic Carter.

September 25, 2024

Terror victims claim DOJ withholding share of $4.3B Binance penalty

Four people who are victims or family of victims of state terrorism sued the Justice Department, claiming it hasn’t put the appropriate funds from Binance’s settlement into a victim fund.