Monday, November 18, 2024
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Fidelity lobbies SEC to approve Bitcoin ETF in private meeting

Multinational financial services firm Fidelity Investments has pressed the U.S. Securities and Exchange Commission to approve its Bitcoin exchange-traded fund (EFT).A private meeting was held on Sept. 8 between Fidelity Digital Assets President Tom Jessop, six of the firm’s executives and several SEC officials. The finance executives laid out a

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Blow to Bitcoin as Key US Yield Hits Feb 2020 High Ahead of FOMC Meeting

Key Bitcoin Takeaways Bitcoin sell-off accelerated ahead of the US session as US 10-year Treasury yields hit a fresh 13-month peak. The cryptocurrency’s latest decline appeared ahead of the Federal Open Market Committee’s two-day policy meeting conclusion. Economists believe that the Fed Chairman Jerome Powell would maintain easy-money policies while ignoring intervention in

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Blockchain Association meeting with key Biden staff about regulations

U.S.-based crypto advocacy group, the Blockchain Association, is lobbying key figures in the Biden administration to advocate for more favorable regulations.The Association’s executive director, Kristin Smith, told Fox Business the group has already met with or is in the process of scheduling meetings with high-ranking Whitehouse officials including Treasury Secretary

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Asia-Pacific Stocks Mixed in Reaction to Released Minutes of Federal Reserve’s Meeting

Stocks in Asia-Pacific are mixed as the US Federal Reserve released the minutes of their November meeting. Chinese JD Health filed for IPO on the Hong Kong Stock Exchange.On the 26th of November, stocks in Asia-Pacific mixed in after the US Federal Reserve released its November meeting minutes. During the meeting,

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Major Meeting of Central Banks Produces Same Old ‘Evaluating’ CBDCs Refrain

Central bankers continued to evaluate the merits, or lack thereof, of a digital currency (CBDC), explaining that digital innovation has its benefits but policy considerations abound during a panel discussion hosted by the International Monetary Fund on Monday. The panel, featuring Federal Reserve Chairman Jerome Powell; Bank Negara Malaysia Governor Nor

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