CashNews.co Cathie Wood-led asset management firm Ark Invest disposed of $2.8 million in shares of its spot Bitcoin ETF, ARKB, on Monday. The firm sold the shares from its Next Generation Internet ETF (ARKW fund) at the closing price of $63.25 per unit. This sale is part of Ark Invest’s latest move to restructure and […]
UK Finance Ends RLN Experimental Phase for UK’s CBDC Launch #UKFinance
CashNews.co The Regulated Liability Network (RLN) is a major step towards implementing the UK’s central bank digital currency (CBDC). It provides a shared foundation for traditional and decentralized financial institutions to handle digital money. The RLN’s ability to streamline operations and reduce fraud can position the UK at the forefront of financial innovation. The UK […]