ChinaAMC HK Launches $107M Digital Money Market Fund

Crypto

ChinaAMC HK launched a tokenized money market fund on Ethereum, offering new investment opportunities for retail investors in Asia-Pacific. The fund aims to improve liquidity and accessibility while integrating digital assets into traditional finance through blockchain-based solutions. China Asset Management Hong Kong (ChinaAMC HK) has launched a H

Swiss National Bank Rejects Bitcoin as Reserve Asset

Crypto

Swiss National Bank President Martin Schlegel rejects Bitcoin as a reserve asset, citing its volatility and security risks for central banking. Despite global adoption, SNB prioritizes stability and liquidity, dismissing Bitcoin due to cybersecurity concerns and rapid price fluctuations. Martin Schlegel, President of the Swiss National Bank (SNB),

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