# SEC rejects WisdomTree’s application for spot Bitcoin ETF

# SEC rejects WisdomTree’s application for spot Bitcoin ETF

“# SEC rejects WisdomTree’s application for spot Bitcoin ETF ” The United States Securities and Exchange Commission, or SEC, has officially disapproved asset manager WisdomTree’s spot Bitcoin (BTC) exchange-traded fund (ETF) after deferring on a decision several times this year. According to a Wednesday filing, the SEC rejected a proposed rule change from the Cboe…

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# Fed’s Quarles says regulators should show ‘constraint’ on stablecoins to avoid hampering innovation

# Fed’s Quarles says regulators should show ‘constraint’ on stablecoins to avoid hampering innovation

“# Fed’s Quarles says regulators should show ‘constraint’ on stablecoins to avoid hampering innovation ” Speaking publicly for the last time as a member of the Board of Governors of the Federal Reserve System, Randal Quarles urged regulators to exercise restraint on stablecoins. In a prepared statement for his speech at the American Enterprise Institute…

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# Biden is considering law professor, Fed president, and former CFPB director to fill 3 seats on Federal Reserve: Report

# Biden is considering law professor, Fed president, and former CFPB director to fill 3 seats on Federal Reserve: Report

“# Biden is considering law professor, Fed president, and former CFPB director to fill 3 seats on Federal Reserve: Report ” The White House has reportedly begun interviews with possible candidates to fill the empty seats on the board of governors of the Federal Reserve System in 2022.  According to a Wednesday report from Bloomberg…

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# UAE issues first NFT stamps in the Middle East

# UAE issues first NFT stamps in the Middle East

“# UAE issues first NFT stamps in the Middle East ” The United Arab Emirates’ postal operator is issuing nonfungible token (NFT) stamps to commemorate the federation’s 50th National Day, offering further evidence that digital collectibles are gaining mainstream appeal globally.  Emirates Post Group, or EPG for short, announced this week that it has become…

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# Crypto’s impact on sanctions: Are regulators’ concerns justified?

# Crypto’s impact on sanctions: Are regulators’ concerns justified?

“# Crypto’s impact on sanctions: Are regulators’ concerns justified? ” The use of cryptocurrencies to evade international sanctions from various international governmental organizations like the United Nations (UN), the International Monetary Fund (IMF) and the World Bank, among others, has been a concern for regulators ever since the creation of cryptocurrencies. The rapidly increasing adoption…

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# India misinterpreted private crypto ban, says crypto bill creator

# India misinterpreted private crypto ban, says crypto bill creator

“# India misinterpreted private crypto ban, says crypto bill creator ” The creator of India’s crypto bill, former Finance Minister Subhash Garg, dismissed the notion of banning “private cryptocurrencies” as a misinterpretation while highlighting the enormous potential of cryptocurrencies and blockchain technology. The Parliamentary discussions around a controversial crypto bill sparked fears around the ban…

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