Significant progress has been made in discussions between the US Securities and Exchange Commission (SEC) and asset managers regarding the potential approval of Bitcoin exchange-traded funds (ETFs), according to Reuters. Thirteen firms, including Grayscale Investments, BlackRock, Invesco, and ARK Investments, are awaiting decisions from the SEC on their applications for spot ETFs. The SEC has […]
Changpeng “CZ” Zhao, the former CEO of Binance, has shown interest in the decentralized science (DeSci) sector after leaving the exchange. DeSci encompasses various areas such as decentralized autonomous organizations (DAOs), biotech, financing, publishing, data storage, and foundations. DAOs, in particular, are driving the growth of DeSci, with over 20 currently in operation.One notable DAO […]
Changpeng “CZ” Zhao, the former CEO of Binance, has shown interest in the decentralized science (DeSci) sector after leaving the exchange. DeSci encompasses various areas such as decentralized autonomous organizations (DAOs), biotech, financing, publishing, data storage, and foundations. DAOs, in particular, are driving the growth of DeSci, with over 20 currently in operation.One notable DAO […]
Over 1,000 BTC that were mined during the early days of bitcoin have recently been transferred to trading desks and custodian services. These coins, which were last moved 13 years ago, were originally mined at a cost of $100 and now have a market value of over $40 million. This transfer is part of a […]
Over 1,000 BTC that were mined during the early days of bitcoin have recently been transferred to trading desks and custodian services. These coins, which were last moved 13 years ago, were originally mined at a cost of $100 and now have a market value of over $40 million. This transfer is part of a […]
Exved, a cross-border payment platform in Russia, has officially launched its services, enabling local legal entities to process international settlements using cryptocurrency. The platform, described as a “digital counterparty search system,” aims to simplify foreign exchange operations and foreign economic activity for Russian importers and exporters.Exved allows cross-border transactions using Tether USDT stablecoin, alongside the […]
Exved, a cross-border payment platform in Russia, has officially launched its services, enabling local legal entities to process international settlements using cryptocurrency. The platform, described as a “digital counterparty search system,” aims to simplify foreign exchange operations and foreign economic activity for Russian importers and exporters.Exved allows cross-border transactions using Tether USDT stablecoin, alongside the […]
JPMorgan CEO Jamie Dimon’s recent comments on cryptocurrencies have sparked criticism from the crypto community. Speaking before the US Senate Committee on Banking, Housing, and Urban Affairs, Dimon denounced Bitcoin and crypto as tools primarily used by criminals for activities such as drug trafficking, money laundering, and tax avoidance. He even suggested that if he […]
JPMorgan CEO Jamie Dimon’s recent comments on cryptocurrencies have sparked criticism from the crypto community. Speaking before the US Senate Committee on Banking, Housing, and Urban Affairs, Dimon denounced Bitcoin and crypto as tools primarily used by criminals for activities such as drug trafficking, money laundering, and tax avoidance. He even suggested that if he […]
Poloniex, a cryptocurrency exchange owned by businessman Justin Sun, has been added to the Financial Conduct Authority’s (FCA) warning list of unapproved businesses in the UK. The FCA stated that companies and individuals cannot market financial services in the UK without the necessary authority or approval. The FCA also reminded the public that they cannot […]
