The U.S. Securities and Exchange Commission (SEC) has once again delayed its decision on multiple pending Bitcoin ETF applications, including those from major investment firms such as WisdomTree, BlackRock, Fidelity, VanEck, and Invesco Galaxy. Following the announcement, Bitcoin’s market value experienced a 5% decline, tumbling down to $26,100.The delay comes in the wake of Grayscale’s […]
Ripple, the tech firm behind XRP, is now on a talent hunt for a Senior Specialist in Global Know Your Customer Due Diligence. This new hire will join Ripple’s Global Anti-Money Laundering & Sanctions Compliance team to perform due diligence and mitigate reputational, regulatory, and sanction risks associated with the company’s institutional clients, corporate partners, […]
Retired pro soccer star Ronaldinho Gaúcho testified at a congressional hearing in Brazil on Aug. 31, denying his involvement in an alleged $61 million crypto pyramid scheme that bore his name. Ronaldinho claimed he was never partnered with the company and it used his name and image without his authorization, arguing he was also a […]
Ben Rose, General Manager of Binance Australia, is confident that the Australian government will make the right decisions when it comes to digital asset regulations. Despite recent hostility towards crypto, including a search by regulators and banking blocks from the traditional finance sector, Rose is focused on restoring banking ties and returning fiat ramp services […]
Ripple whales have recently moved 483 million XRP tokens, causing the token’s price to drop over 8% since Aug. 30. Despite this, XRP is still inside a bullish technical setup, called the ‘Falling Wedge’, which could see the token’s price rise nearly 381% to a theoretical price target of $2.5.Whale Alert noted two transactions, one […]
The Securities and Exchange Commission (SEC) is faced with a difficult decision on how to handle the wave of Bitcoin spot ETF applications after suffering a defeat in court against Grayscale. The agency may choose to rescind prior approval of the nation’s Bitcoin futures ETFs, leaving all Bitcoin ETF options unavailable to U.S. buyers. Joe […]
Cryptoasset businesses in the United Kingdom are now required to withhold certain crypto transfers to comply with the new Travel Rule for crypto that came into effect on September 1. The Financial Conduct Authority introduced the rules targeting virtual asset service providers (VASPs) on August 17, which require them to collect, verify and share information […]
Bitcoin’s price has dropped nearly 5% in the last 24 hours, falling from around $27,300 to around $26,000, after the US Securities and Exchange Commission (SEC) delayed seven pending spot Bitcoin ETF applications. The SEC’s delay allows it another 45 days to approve, deny or again delay the applications, with the next decision deadlines between […]
Today, Coinbase announced that PayPal USD (PYUSD) is available for trading on its platform. This move comes after Binance’s decision to cut support for their BUSD stablecoin by 2024 due to regulatory concerns. Both PayPal USD and Binance USD are issued by the same company, Paxos. Coinbase had previously suspended trading for BUSD in March […]
Analytics firm Santiment has found that crypto whales purchased Bitcoin (BTC) in the day leading up to Grayscale’s court victory over the U.S. Securities and Exchange Commission (SEC). Santiment suggests that certain whale and shark addresses “may have known a thing or two” about the win before it was announced, noting that wallets holding between […]
