US SEC Discusses Bitcoin ETFs with Asset Managers, Potential Approval Could Drive Crypto Market Growth

Officials from the United States Securities and Exchange Commission (SEC) are reportedly in discussions regarding the potential approval of Bitcoin exchange-traded funds (ETFs) proposed by asset managers. The SEC has never approved a spot cryptocurrency ETF before, instead choosing to delay decisions on applications. However, recent memos released by the SEC revealed meetings with representatives […]

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US SEC Discusses Bitcoin ETFs with Asset Managers, Potential Approval Could Drive Crypto Market Growth

Officials from the United States Securities and Exchange Commission (SEC) are reportedly in discussions regarding the potential approval of Bitcoin exchange-traded funds (ETFs) proposed by asset managers. The SEC has never approved a spot cryptocurrency ETF before, instead choosing to delay decisions on applications. However, recent memos released by the SEC revealed meetings with representatives […]

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Babylon Chain Raises $18 Million to Develop Bitcoin Staking Protocol for DeFi Integration

Polychain Capital and Hack VC have led a $18 million Series A funding round for Babylon Chain, a protocol that aims to bridge the decentralized finance (DeFi) ecosystem with the Bitcoin blockchain. The funds will be used to support the development of Babylon’s Bitcoin Staking protocol, which allows proof-of-stake (PoS) networks to stake BTC, thereby […]

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Babylon Chain Raises $18 Million to Develop Bitcoin Staking Protocol for DeFi Integration

Polychain Capital and Hack VC have led a $18 million Series A funding round for Babylon Chain, a protocol that aims to bridge the decentralized finance (DeFi) ecosystem with the Bitcoin blockchain. The funds will be used to support the development of Babylon’s Bitcoin Staking protocol, which allows proof-of-stake (PoS) networks to stake BTC, thereby […]

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Binance Withdraws Application with Abu Dhabi Regulator, Unrelated to US Settlement

Cryptocurrency exchange Binance’s unit in Abu Dhabi has decided to withdraw its application with the Emirate’s financial regulator. The exchange claims that this move is unrelated to its recent settlement with US authorities. Binance spokesperson stated that the decision was made after assessing the exchange’s global licensing needs. The application, which was withdrawn in November, […]

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Binance Withdraws Application with Abu Dhabi Regulator, Unrelated to US Settlement

Cryptocurrency exchange Binance’s unit in Abu Dhabi has decided to withdraw its application with the Emirate’s financial regulator. The exchange claims that this move is unrelated to its recent settlement with US authorities. Binance spokesperson stated that the decision was made after assessing the exchange’s global licensing needs. The application, which was withdrawn in November, […]

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Binance Founder Ordered to Stay in U.S. Until Sentencing, Citing Flight Risk

Binance founder Changpeng “CZ” Zhao has been ordered by a federal judge to remain in the United States until his sentencing in February. The judge determined that there is a high risk of flight if Zhao is allowed to return to the United Arab Emirates, where he resides.Judge Richard Jones of the Seattle District Court […]

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Binance Founder Ordered to Stay in U.S. Until Sentencing, Citing Flight Risk

Binance founder Changpeng “CZ” Zhao has been ordered by a federal judge to remain in the United States until his sentencing in February. The judge determined that there is a high risk of flight if Zhao is allowed to return to the United Arab Emirates, where he resides.Judge Richard Jones of the Seattle District Court […]

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