Wednesday, May 8, 2024
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SEC has no choice but to approve Bitcoin ETFs

Stephen Schoenfield and Martin Bednall, former senior executives at BlackRock, are optimistic that the Securities and Exchange Commission (SEC) has “no choice” but to approve multiple Bitcoin exchange-traded funds (ETFs) within the next 3-6 months.  Despite initial predictions, Schoenfield changed his timeline due to the commission’s decision to request comments on applications instead

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Bitcoin no longer crypto of choice for illicit crypto activity: TRM Labs

According to new research, fewer cybercriminals are turning to Bitcoin as their primary method of moving illicit funds, with bad actors opting to go back to fiat channels or choosing other cryptocurrencies.Digital asset compliance and risk management firm TRM Labs revealed that illicit finance volumes involving Bitcoin (BTC) had fallen

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