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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,…
“# Congressional candidate seeking to unseat anti-crypto Brad Sherman is accepting contributions via Lightning ” Aarika Rhodes, a Democrat running to represent California’s 30th congressional district in the U.S. House of Representatives, has begun to accept campaign contributions in Bitcoin using the Lightning Network. In a Tuesday message to her more than 21,000 Twitter followers,…
“# Vladimir Putin says cryptocurrencies ‘bear high risks’ ” On Tuesday, Vladimir Putin, President of the Russian Federation, voiced his criticism regarding the state of the criticism sector at the “Russian Calling” investment forum in Moscow. According to local news outlet lenta.ru, the president made the following remarks, as translated by Cointelegraph: “It is not…
“# 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…
“# CBDC is a tool to combat Bitcoin, says Bank of Indonesia exec ” Central bank digital currencies (CBDC), digital versions of national currencies introduced in response to growing cryptocurrency adoption, would be an essential tool for combating crypto, according to the Bank of Indonesia. The central bank of Indonesia is considering launching a digital…
“# 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…
“# South Korean lawmakers inch closer to deal to delay crypto tax by one year ” In what could be a big win for the local crypto industry, South Korean lawmakers are close to delaying taxation on digital assets for another year. Representatives from the Tax Subcommittee in the National Assembly, South Korea’s legislative body,…
“# Law Decoded: India ponders going full China on crypto, Nov. 22–29 ” Are big emerging economies more likely to gravitate toward blanket crypto bans? China has set a precedent, and now it appears as if India could be weighing a similar policy direction: A bill containing a proposed ban on all “private cryptocurrencies” will…
“# India’s crypto unicorn CoinDCX has no immediate plans for IPO ” India’s largest cryptocurrency exchange, CoinDCX, has no immediate plans for a public listing as the regulatory environment in the country remains uncertain. CoinDCX has no definitive route or clause as to when to go ahead with a potential initial public offering (IPO), the…
“# Singaporean crypto exchange enters India amid regulatory uncertainty ” Despite India’s unpredictive stance towards crypto regulations, Singaporean crypto exchange Coinstore has allocated a $20 million fund to set up three new offices in the Indian cities of Bangalore, Delhi and Mumbai. Coinstore announced to launch its web and app platform in India for spot…