According to a Securities and Exchange Commission filing, the ‘First Trust SkyBridge Crypto Industry and Digital Economy ETF’ is seeking to list and trade its shares on the NYSE Arca Stock Exchange.
Scaramucci announced a new Algorand fund during the star-studded "SALT" hedge fund conference, which included the likes of Ray Dalio, Steven Cohen and Mike Novogratz.
“SkyBridge now has about $700 million in crypto. We are starting the Alogrand fund, we are capping that fund at $250 million, and we have already raised $100 million for that fund.” Scaramucci said in an interview with CNBC Wednesday.
In Turkey, the Central Bank of Turkey has created a new platform with technology stakeholders to further develop a digital version of the national fiat currency.
The Central Bank of Turkey also entered into agreements with two defense and technology companies, as well as the Scientific and Technological Research Council, and the Informatics and Information Security Research Center to cooperate on the digital lira project, the state-run Anadolu Agency and Daily Sabah reported.
In the United States, at a hearing of the US Senate Banking Committee, Senator Elizabeth Warren asked the Chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to increase oversight of cryptocurrency.
She flagged up several issues that she linked to cryptocurrencies that she felt could harm small investors.
Bitcoin, the leading international cryptocurrency, traded lower on Thursday, falling by 0.42 percent to $47,617.84 at 5:55 p.m Riyadh time.
Ether, the second most traded cryptocurrency, went in the opposite direction, trading up by 3.92 percent at $3,585.47, according to data from Coindesk.