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Japanese Finance Minister Satsuki Katayama: No comment on the Bank of Japans policy.Japanese Finance Minister Satsuki Katayama: The Bank of Japan is expected to work closely with the government to implement appropriate monetary policy in order to achieve the 2% price target.Japanese Finance Minister Satsuki Katayama: We will review budget requests and control debt issuance at a level that can gain market confidence.On September 17th, it was reported that on September 16th, Fujian and Ningxia conducted their first cross-provincial collaborative computing and power management operation. On the same day, some computing power tasks from pilot server racks in Fuzhou and Xiamen were transferred across provinces to the Zhongwei Data Center in Ningxia through unified scheduling. The power departments of both regions simultaneously utilized a new power load management system to coordinate and dynamically monitor the computing load.September 17th - AstraZeneca China announced today that it will invest nearly RMB 200 million to comprehensively upgrade its new drug development and supply building at its Wuxi production and supply base. This upgrade will be used for the process development and manufacturing of AstraZenecas investigational cardiovascular innovative drugs, and will support the global supply of these drugs after commercialization. The project, with a building area of approximately 5,800 square meters, is scheduled to be operational in the fourth quarter of 2029, with an expected annual production capacity of 400 million tablets. Upon completion, the Wuxi base will participate in commercial production process development from the drug research and development stage, and is expected to become AstraZenecas first base in the Asia-Pacific region with the capability to support the global launch and supply of new drugs.

Carbon Neutral Bitcoin and Ethereum ETPs Listed on Swiss Exchange

Cory Russell

Apr 12, 2022 10:43

The two new ETPs on SIX are Bitcoin Zero (BTCO2) and Ether Zero (ETH2O).


The ETPs are the product of a campaign known as "Crypto becomes carbon neutral."


The debut took place at a time when the stock market was in free collapse.


While the crypto market and the stock market are two distinct things, investors can't seem to get enough of both. As a consequence, we are seeing the emergence of Exchange Traded Products (ETPs) (ETPs).


People desire something more sustainable even inside these ETPs, and carbon-neutral ETPs have been designed to meet that need.

Crypto Becomes Carbon Neutral

The influence of crypto on the environment has been a long-debated matter, with no clear answer in sight.


To put a stop to this, the European Union nearly outright outlawed proof of work, but the majority of members voted against it, saving Bitcoin, Ethereum, and other (PoW) cryptocurrencies.


Other businesses, on the other hand, are still attempting to become carbon-neutral, as did an ETP provider for the stock market.


In collaboration with the Swiss FinTech Innovation Lab of the Institute for Banking and Finance at the University of Zurich, Helveteq, a Swiss issuer of ESG-transparent investment products, launched the research-based project "Crypto becomes carbon neutral."


The two ETPs, Bitcoin Zero (BTCO2) and Ether Zero (ETHZ), were born from it (ETH2O).


"It is time to give investors the first carbon neutral crypto ETPs from a Swiss issuer," Dr. Christian Katz, the CEO of Helveteq, said. The relationship between the environment and the blockchain economy is becoming more widely recognized, and we must all work together to create long-term solutions."


These ETPs will be added to SIX's pool of 240 other investment products.

Perhaps Now Isn't the Best Time?

The introduction of the ETPs, which was announced today, was not the best timing given the current state of the crypto market. The market has lost more than $122 billion in total, forming a 6.25 percent long red candle.


However, even before today, the overall market capitalization had fallen below $2 trillion, and is at $1.841 trillion. As a result, there's a significant likelihood that this will have a detrimental impact on the launch of these ETPs.

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