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U.S. Securities and Exchange Commission Chairman Gary Gensler declined to outline any of the agency’s plans for spot Bitcoin exchange traded funds (ETFs) on Wednesday, though his SEC must now decide how to proceed after the courts demanded it erase its objection to Grayscale Investments’ application. Source
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Even comprehensive crypto legislation won’t stop people from making bad investment decisions, says EY's blockchain leader. Original Source
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The chief artificial intelligence (AI) scientist at Meta has spoken out, reportedly saying that worries over the existential risks of the technology are still “premature,” according to a Financial Times interview. On Oct. 19 the FT quotes Yann LeCun as saying the premature regulation of AI technology will reinforce dominance of
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The U.S. Securities and Exchange Commission reportedly has no plans to appeal the recent court decision that favored Grayscale Investments. The ruling requires the SEC to review the firm’s spot Bitcoin (BTC) exchange-traded fund application. Benzinga (and others) reporting that Reuters is reporting that the SEC will NOT be appealing
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In August, the D.C. Circuit Court of Appeals ruled that the SEC’s denial of Grayscale Investment’s application to convert the Grayscale Bitcoin Trust (GBTC) into an ETF was invalid and must be reviewed, calling it an "arbitrary and capricious" rejection. The court said that federal agencies are required to “treat
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Bitcoin Cash price is holding the key $220 support against the US Dollar. BCH seems to be aiming for a fresh increase
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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Headlines touting the allure of artificial intelligence’s (AI) disruptive potential might make it seem like we’re already on the cusp of a completely automated and decentralized future.
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On Sep. 28, in a post on X, Brad Garlinghouse, the CEO, revealed that Ripple has chosen not to acquire Fortress Trust. Instead, they will continue to be an investor in the blockchain-based payment network. A few weeks ago, we signed a letter of intent to acquire Fortress Trust – we’ve
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“When a judge is sentencing a defendant in a multi-count case, assuming conviction on multiple counts, judges generally say ‘I’m going to distill this down to what the alleged crime is,’” Auerbach said. “If the essential crime is, let’s assume a conviction that Bankman-Fried misled his investors, his lenders and
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While lacking in performance, micro Bitcoin mining devices should be seen as a stand against the Bitcoin ecosystem’s purportedly biggest flaw, its inventors argue.Micro Bitcoin mining devices — often open-source and pocket-sized — have been serving a niche part of the market, offering buyers a fully assembled device or a
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