The payments platform is built with the Lightning Network scaling solution, which enables cheaper and faster bitcoin transactions.
Liink, JPMorgan’s blockchain banking network, is based on a fork of Ethereum.
The Financial Supervisory Authority said investment products such as bitcoin ETPs carry "significant" risk for consumers.
The two commercial banks join the six state-owned banks already participating in the CBDC trial.
The deal will also see the two firms work together to develop miners built to Argo’s specifications.
"The largest token burn in history" will start Monday, the firm said.
The man was arrested in his car, where police found $1 million in cash, cocaine and electronic devices.
Although bitcoin was banned for use in Morocco four years ago, the cryptocurrency continues to thrive there.
One analyst said the ETF could reach $1 billion in assets under management by the end of next week.
The hacked wallet belonged to a creditor, U.S. firm Stakenet, which had not lost funds in the 2019 hack, as reported by Stuff.
The FMA reports two-thirds of the investment fraud reports filed in 2020 were related to cryptocurrency and digital currency trading products.
This is the second bitcoin ETF approved to trade in Canada.
Geely will own 80% of the venture while Concordium will own the rest.
The Tourism Authority of Thailand slashed its estimate for foreign arrivals this year.
Gates has previously criticized cryptocurrencies and said he'd short bitcoin "if there was an easy way to do it."