Jan. 20th: Australian Regulators Approve Raiz Invest Bitcoin Fund

Jan. 20th: Australian Regulators Approve Raiz Invest Bitcoin Fund

Released Monday, 20th January 2020
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Jan. 20th: Australian Regulators Approve Raiz Invest Bitcoin Fund

Jan. 20th: Australian Regulators Approve Raiz Invest Bitcoin Fund

Jan. 20th: Australian Regulators Approve Raiz Invest Bitcoin Fund

Jan. 20th: Australian Regulators Approve Raiz Invest Bitcoin Fund

Monday, 20th January 2020
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Quick Take:

  • Bitfinex-backed startup RenrenBit yielded $1.4 million in revenue for Q4 2019.
  • South Korean regulators review a taxation plan with a virtual currency tax rate of 20%.
  • Australia-based Raiz Invest was granted approval for a retail bitcoin fund.
  • Mining operator Argo Blockchain grossed revenue of $11 million in 2019 and plans to ramp up production.
  • Open Interest for CME Bitcoin Futures spiked to over $235 million worth of positions.

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