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February 1st - China Mobile announced that, according to regulations from the Ministry of Finance and the State Taxation Administration, starting January 1, 2026, the applicable tax category for business activities providing mobile data services within China will be changed from value-added telecommunications services to basic telecommunications services, with the corresponding VAT rate increasing from 6% to 9%. This adjustment will impact the companys revenue and profits. The company will adhere to its core business, strive to strengthen and expand its communication services, computing power services, and intelligent services, persist in strengthening its network infrastructure, promote full-stack innovation, deepen lean management and improve efficiency, and accelerate the construction of a world-class technology service enterprise.February 1st - SAIC-GM delivered 51,005 vehicles in January 2026, an increase of 8.2% year-on-year. New energy vehicle sales increased by 89.7% year-on-year, and exports increased by 115.1% year-on-year.February 1st - Fushi Holdings announced on February 1st that it recently received a detention notice issued by a national supervisory commission, placing its actual controller, chairman, and general manager, Chen Yongliang, under detention. As of the date of this announcement, the company has not been required to assist in the investigation.February 1st - On February 1st local time, Brigadier General Vahidi, Deputy Commander-in-Chief of the Iranian Islamic Revolutionary Guard Corps, issued a strong statement regarding the regional situation. He emphasized that the mobilization capacity and combat readiness of the Iranian armed forces far exceed the levels seen during the 12-day Iran-Israel war. Vahidi explicitly stated that every move the enemy makes in the region is under Irans comprehensive monitoring and close control. He said, "Our level of preparedness has qualitatively improved compared to the past." Regarding the recent gathering of a US aircraft carrier group in the relevant waters, Vahidi appeared unconcerned. He pointed out that the presence of US aircraft carriers is "not new" and characterized it as a psychological warfare tactic commonly used by the US. He called on all parties to remain calm, stating that it "does not deserve excessive attention."Shares of Indian payments company Paytm rose 7.6%.

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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