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Samsung investment arm considering spot-Bitcoin ETF in Hong Kong
Hot on the heels of its Bitcoin (BTC) futures exchange-traded fund (ETF) in Hong Kong, Samsung Asset Management has indicated it’s considering the launch of a spot Bitcoin ETF on the city’s exchange if policies allow for it. In an interview with Bloomberg published on Jan. 13, Hong Kong chief executive for Samsung Asset Management, Sam Park, said: “It really depends on how policy is going to be developed.” He added that the Hong Kong administrators are “clearly” interested in developing the city into a crypto hub. An ETF analyst at Bloomberg Intelligence, Rebecca Sin, noted that “Hong Kong is well positioned to become Asia’s crypto gateway,” and expects spot Bitcoin and Ether (ETH) products to be allowed there by the year’s end. A spot market refers to a market where the exchange of financ...
NUJ asks Nigerian government to immortalise Sam Nda-Isaiah
The Nigeria Union of Journalists (NUJ) has said it received with rude shock the demise of the former Chairman and Publisher of Leadership Newspapers, Sam Nda-Isaiah, and asked the federal government to immortalise him. Nda-Isaiah, a former presidential aspirant on the platform of the All Progressives Congress (APC) died on Friday night after a brief illness. The NUJ in a statement on Saturday by its Assistant National Secretary, Midat Joseph, said his death “marked the end of an eventful era of a Newspaperman.” The NUJ said, “This, indeed, is a great loss to his family, particularly the journalism profession where Mr. Nda-Isaiah made his mark. The NUJ and the entire nation no doubt benefited immensely from his wealth of experience and commitment to national development.” “It is our conside...
