WAO ART #260

Analysts predict a 90% chance of a US-based spot Bitcoin exchange-traded fund (ETF) being approved by January 2024. The European Blockchain Convention (EBC) is even more optimistic, suggesting a Bitcoin ETF could be available by the end of this year.

Ship Resilient Lady is en route to Dubai, marking the cruise line's debut in the Middle East. Meanwhile, Oceania Cruises has canceled seven Middle East port calls due to regional geopolitical tensions, directly sailing from Crete to the UAE.

The biggest challenges to Bitcoin adoption in Europe include the ever-changing regulatory landscape, inadequate consumer protection, complex taxation and reporting requirements, reluctance of financial institutions, lack of public opinion and education, infrastructure issues, and concerns about the Bitcoin mining.

Nigerian fintech startup Vella Finance has decided to drop its crypto-related services and instead focus on providing banking services to small and medium-sized businesses. This decision comes at a time when interest in cryptocurrencies like bitcoin is on the rise in Nigeria.

Morgan Stanley suggests that the crypto winter may be over, signaling a new bull market. While Ethereum and Shiba Inu have been popular choices, Everlodge has emerged as a top alternative. Everlodge aims to make the real estate market more accessible by tokenizing properties and listing them as NFTs.

Kasikorn Bank, also known as K-Bank, has acquired a 97% stake in Satang crypto exchange for $103 million. The deal, executed through K-Bank's subsidiary Unita Capital, marks a significant milestone for K-Bank and paves the way for growth and innovation in Thailand's cryptocurrency sector.

Brazil's largest banks, including Itau Unibanco, BTG Pactual, and Santander Brasil, are increasing their workforce and resources in preparation for the launch of Brazil's digital currency, the Drex.