This Week in Crypto: (Federal Reserve Officials Banned From Owning Cryptocurrencies, El Salvador To Offer Citizenship, Crypto Exchange-Traded Products All the Rage in Europe)
This week in crypto, federal reserve officials banned from owning cryptocurrencies, the move, which follows controversy over personal trades from members, is said by the Fed to guard against “even the appearance of any conflict of interest”. El Salvador to offer citizenship for foreign investors, the 52 proposed legal reforms call for less bureaucracy, less red tape and creating tax incentives. With the prospects of a physical bitcoin ETF at a standstill in the US, an already-crowded market for cryptocurrency exchange-traded products (ETPs) in Europe is heating up with a series of new listings.