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Cboe has amended its spot Bitcoin ETF proposal to include an SSA agreement for market surveillance, to prevent fraudulent activity. The Cboe BZX Exchange updated a 19b-4 filing to amend its ARK 21Shares Bitcoin ETF proposal. The exchange amended the filing to add a feature that helps prevent market manipulation and
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ARK Investment Management has amended its spot Bitcoin exchange-traded fund (ETF) application with the U.S. Securities and Exchange Commission (SEC), making it similar to BlackRock's recent filing. The amendments include a surveillance sharing agreement with the Chicago Mercantile Exchange (CME) futures markets and crypto exchange, most "likely Coinbase", said Bloomberg's ETF
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ARK's application may now be in pole position to be approved first as as it was filed earlier than BlackRock's. Source
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Officials in the United States are making efforts to keep tabs on the development of artificial intelligence (AI), as new plans surface to examine workers’ experience with AI surveillance. According to a Reuters report, officials at the White House said on May 23 that they would be asking workers how their
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Florida governor Ron DeSantis reiterated his call for a ban on central bank digital currencies (CBDCs) during a visit to Jacksonville on Tuesday. Last March, DeSantis pushed for legislation to prohibit a CBDC in Florida. At Tuesday’s event called “Government of Laws, Not Woke Politics,” he stated that if the
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Tornado Cash developer Alex Pertsev is set to be released from jail after spending nearly nine months in prison. Pertsev was arrested in August last year by Dutch authorities on suspicion of being involved in money laundering through the crypto mixing service Tornado Cash.Cryptox confirmed the news with the people familiar
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Article 93 of the draft treaty would require all nations that sign the treaty to implement onerous financial surveillance laws for cryptocurrency. Those financial surveillance laws would apply to any organization “engaged in activities related to the circulation of digital financial assets and digital currency,” even if they are nothing
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Whether the U.S. participates or not, the rest of the world is exploring and deploying CBDCs. According to the Atlantic Council, 114 countries, representing more than 95% of global gross domestic product, are exploring CBDCs. Actively engaged in this digital gold rush are 19 of the G-20 countries, including India,
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The United States should lead the development of Central Bank Digital Currencies (CBDCs) away from being “surveillance coins” and towards being "freedom coins,” says the former chair of the Commodity Futures Trading Commission (CFTC).In a Mar. 13 op-ed in The Hill, Christopher Giancarlo, nicknamed "Crypto Dad" for his pro-crypto outlook,
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The United Kingdom Tax Reform Council has launched a campaign against the Bank of England’s plan to introduce a central bank digital currency (CBDC). The nonprofit organization warns that such a move could seriously harm individual privacy and lead to intrusive changes to the taxation system.The freshly formed Tax Reform
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