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Experts said the SEC could be laying blocks ahead of spot Bitcoin ETF approvals in early January 2024 following early delayed decisions on bids from two potential issuers. The U.S. Securities and Exchange Commission (SEC) delayed its decision to approve or disapprove spot Bitcoin ETF applications submitted by trillion-dollar asset manager
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Binance has declined to comment on a media report that its CEO Changpeng Zhao almost shuttered the crypto trading platform’s arm in the United States in an effort to protect its global company.Citing anonymous sources, the tech media outlet reported that the board of directors of Binance’s U.S. entity, Binance.US, initiated
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As of writing, the combined market cap of more than 8,800 BRC-20 tokens was $137 million – a staggering 682% rise from $17.5 million seen a week ago, according to data tracked by Ordinals-builder Ordspace. (For a brief moment early Tuesday, the website showed the total market cap at $2.93
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Perhaps a fair question is, does the VC world want another Alameda? Although the firm closed 38 deals it wasn’t the biggest investor. That goes to Coinbase Ventures, as Pitchbook puts their deal count at 121. Despite this, Coinbase Ventures just doesn’t have the same profile as Alameda had. Its
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While the "disinflationary process" has started, it will take a good deal of time before the U.S. Federal Reserve is ready to declare victory in its fight against rising price levels, said Jay Powell, discussing the economy with Carlyle Group co-founder David Rubenstein. Original Source
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"It is the policy of the State to ensure that appropriate mechanisms are in place to protect the interest of consumers of financial products and services under the conditions of transparency, fair and sound market conduct, and fair, reasonable, and effective handling of financial consumer disputes, which are aligned with
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“The growing use of digital assets in financial activity heightens risks of crimes such as money laundering, terrorist and proliferation financing, fraud and theft schemes, and corruption,” the notice said. “These illicit activities highlight the need for ongoing scrutiny of the use of digital assets, the extent to which technological
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Digital asset manager Grayscale reported overwhelming support in public comments for its application to launch a spot Bitcoin exchange-traded fund.In a Monday letter to investors, Grayscale said that of the more than 11,400 letters the United States Securities and Exchange Commission, or SEC, had received in regards to its proposed
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The Organisation for Economic Cooperation and Development, or OECD, has suggested additional requirements on reporting crypto transactions and identifying users aimed at increasing transparency for global tax authorities. In a public consultation document released on Tuesday, the OECD opened for public comment a proposal that would require crypto service providers to
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"USD consumer inflation will continue near all-time highs, and asset inflation will run at double the rate of consumer inflation. Weaker currencies will collapse, and the flight of capital from cash, debt, & value stocks to scarce property like bitcoin will intensify," Saylor tweeted in response to Musk's inflation query
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