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“# Australian Senators pushing for country to become the next crypto hub ” Top-down governmental responses to innovation have always been questioned by entrepreneurs. Right now in crypto land as institutional investment flows steadily in and decentralized finance (DeFi) use cases and products have continued to flourish over the past 18 months, many crypto companies…
“# Crypto breaks Wall Street’s ETF barrier: A watershed moment or stopgap? ” But others, like Arca CEO Rayne Steinberg, had “mixed feelings” about the events. While pleased that a much-awaited crypto investment vehicle finally received regulatory approval — ending eight years of futility on the part of U.S. fund issuers — he had some…
“# Ripple CEO says the SEC helped Ethereum to overtake XRP as No.2 crypto ” Ripple chief executive Brad Garlinghouse has been airing his thoughts over the state of the crypto market and regulations, and a grudge over the financial regulator’s approach to Ethereum appears to have surfaced. Speaking at the DC Fintech Week virtual…
“# Treasury official acknowledges most crypto transactions are ‘legitimate’ but still anticipates additional sanctions ” Wally Adeyemo, the Deputy Secretary of the U.S. Department of the Treasury, said the department would likely be enforcing more sanctions on companies involved in illicit transactions related to ransomware payments. Speaking at an online event hosted by the Center…
“# Bitcoin futures ETFs: Good, but not quite there ” The odds of the United States Securities and Exchange Commission (SEC) approving a Bitcoin (BTC) exchange-traded fund (ETF) before a physical Bitcoin ETF are higher than ever, courtesy of Chairman Gary Gensler’s now oft-repeated preference for the former. But here’s the issue: an ETF built…
“# Valkyrie Bitcoin futures ETF to launch on Nasdaq on Oct. 22 ” Valkyrie’s Bitcoin (BTC) futures-based exchange-traded fund (ETF) is poised to follow the launch of ProShares’ Bitcoin Strategy ETF on Friday. Valkyrie Bitcoin Strategy ETF is finally effective and is set to start trading on Nasdaq under the ticker BTF on Friday, Valkyrie…
“# China’s state planning agency calls for public opinion on Bitcoin mining ban ” China’s National Development and Reform Commission is seeking public opinion on the inclusion of crypto mining in its list of “phased-out” industries. The call for public comments by the country’s macroeconomic planning agency was contained in a release issued on Thursday….
“# Sanctioned Russian oligarch urges central bank to embrace Bitcoin ” Russian oligarch Oleg Deripaska has once again called on the Russian government to stop ignoring Bitcoin (BTC) after the United States Federal Bureau of Investigation raided his homes in Washington and New York. In a Telegram post on Thursday, Deripaska argued that the Bank…
“# Cointelegraph Consulting: ETFs listed — What’s next for Bitcoin? ” After dipping below $30,000 in June, Bitcoin (BTC) went on a nearly four-month rally, appreciating by more than 100%. On Oct. 15, it was able to recapture the $60,000 level after closing the day with a 7.56% spike. The ensuing rally was attributed to…
“# Pakistani high court orders government to regulate crypto in three months ” The High Court of Sindh (SHC), the highest judicial body in Pakistan’s Sindh Province, has asked the government to come up with modalities for cryptocurrency regulation. According to Pakistani English daily The Express Tribune, the SHC gave the instruction while hearing a…