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Grayscale tells SEC ‘no basis’ to approve Bitcoin futures ETFs and not spot ETFs

Grayscale Investments has fired back a the U.S. Securities and Exchange Commission (SEC) over the recent rejection of VanEck’s spot Bitcoin ETF application.The operator of the Grayscale Bitcoin Trust (GBTC) issued a letter to Secretary of the SEC, Vanessa Countryman, on Nov. 29 to argue the SEC is wrong to

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Valve removes blockchain games, tells users not to publish content on crypto or NFTs

Video game corporation Valve has informed users no content related to cryptocurrencies or nonfungible tokens will be allowed through its Steam marketplace.As reported by game developer SpacePirate on Oct. 14, Steam has updated its guidelines for what content creators are allowed to publish on the platform. According to Steam, no

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KuCoin Tells Users in China to Move Funds to ‘Other Platforms’ Before December — CoinDesk

Late last month, Chinese authorities ordered a fresh crackdown on crypto mining and outlawed virtually all crypto trading activities in what some defined as its toughest measures against crypto in years. During that time the market experienced a modest sell-off as bitcoin fell roughly 4.5% on the news, from around

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SEC chair doubles down, tells crypto firms ‘come in and talk to us’

Gary Gensler, chair of the United States Securities and Exchange Commission, is once again urging crypto projects with securities to register with the regulatory body to ensure that investors are protected.In a prepared statement for his testimony at the Senate Committee on Banking, Housing, and Urban Affairs scheduled for Sept.

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Marvel Comics Tells Freelance Artists Not to Mint Marvel-Brand NFTs, Publisher to ‘Introduce Opportunities for Creators’ – Bitcoin News

Last March, the comic book publisher DC Comics told freelancers that intellectual property (IP) and characters owned by DC Comics were off-limits in regards to freelancers leveraging the IP for non-fungible token (NFT) asset sales. A recent report indicates that Marvel Comics has also told freelance artists that the sale

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Afterpay tells Senate inquiry crypto could slash merchant payment costs

Australian buy now pay later (BNPL) firm Afterpay believes that local merchants can slash payment costs by utilizing cryptocurrencies. In a submission to the Senate inquiry into “Australia as a Technology and Financial Center”, Afterpay stated that the use of blockchain-based transactions would cut the fees associated with traditional payment

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SEC boss tells EU Parliament crypto and fintech could be as disruptive ‘as the internet’

Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), has appeared virtually before the European Parliament to share his policy recommendations regarding the regulation of crypto assets.Speaking to the Parliament’s Committee on Economic and Monetary Affairs on Sept. 1, Gensler highlighted the role financial technologies are playing

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Philippine regulator tells Axie Infinity players they must pay tax on income from game

Amid the enormous success of crypto-powered game Axie Infinity in the Philippines, the local Department of Finance has made clear that it wants a cut of profits generated by playing Axie and other play-to-earn games.An August 23 report from Inquirer cites Philippine Finance Undersecretary Antonette Tionko as clarifying that any

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