On September 4, 2001, Winod Parbhoe was murdered in cold blood.

The entrepreneur, who was the founder of the Suriname Palace Casino, an establishment he co-owned with CCA Companies Incorporated (Conserver Corporation of America), was shot two times in the chest and once in the neck in a drive-by shooting, resulting in his death at the age of 36.

Preceding the shooting, Parbhoe had blown the whistle about how millions of dollars were being siphoned out of his business’ bank account at De Surinaamsche Bank (DSB), the largest bank in the country aside from the country’s central bank.

He had gone to the head of the DSB, the Central Bank of Suriname, the country’s Foreign Exchange…

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U.S. Senator Marsha Blackburn (R-TN) has announced, in a press release sent to Bitcoin Magazine, that her re-election campaign now accepts cryptocurrency donations. This move comes as Blackburn’s campaign recently launched a page dedicated to Bitcoin donations.

“Our campaign is committed to meeting supporters where they are,” said Senator Blackburn. “As a growing number of Americans utilize digital currencies for everyday transactions, we are excited to take this next step and stay on the cutting edge of the 21st-century digital world.”

This announcement follows a recent trend of Bitcoin adoption among U.S. politicians. Just yesterday, Blackburn chaired the RNC Platform Committee…

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The Bank of Italy is set to release guidelines that will facilitate the integration of new European Union regulations on crypto assets. Governor Fabio Panetta announced these developments during a speech at the Italian Banking Association. These guidelines aim to support the stable operation of the payment systems amidst evolving digital finance landscapes.

According to Panetta, the upcoming EU regulation, known as the Market in Crypto Asset (MiCA) Regulation, will include provisions for electronic money tokens (EMTs) and asset-referenced tokens (ARTs). These tokens are designed to meet the stringent requirements necessary for use as payment methods. EMTs are specifically tied to the value of a single official currency, enhancing their stability and trustworthiness.

Panetta emphasized the critical role of EMTs, stating that they are the most viable digital instruments for preserving public trust in payments. These can be issued by banks or electronic money institutions, ensuring a secure and regulated approach to digital currency transactions.

Reuters

Blockchain-focused asset manager DigitalX has secured regulatory approval to launch its spot Bitcoin exchange-traded fund (ETF), marking the second Bitcoin ETF to trade on the Australian Securities Exchange (ASX). Set to debut under the ticker BTXX on July 12 at 10 am local time, the approval was hailed as a “watershed moment” by DigitalX CEO Lisa Wade. Wade emphasized that the DigitalX Bitcoin ETF is a spot ETF product, offering ASX customers direct access to Bitcoin via a regulated and liquid fund structure. DigitalX’s Chair, Toby Hicks, noted the approval as a reflection of the growing and developing digital assets market in Australia.

DigitalX partnered with investment management firm K2 Asset Management to serve as the responsible entity and issuer of the spot Bitcoin ETF. Additionally, the company will collaborate with cryptocurrency-focused investment firm 3iQ to promote and distribute the product across Australia and internationally. This launch follows the recent approval of VanEck’s spot Bitcoin ETF by the ASX on June 15, which started trading on June 20. Despite VanEck’s ETF closing its first trading day with $1.3 million in volume, it still lags behind the average daily volume seen by the nine United States spot Bitcoin ETFs. Australian fund manager Betashares is also reportedly pursuing a Bitcoin ETF on the ASX.