Bitcoin appears to be showing signs of recovery following a weekend decline that led to a broader sell-off in the crypto market. The crypto asset reached a peak of $49,000 after the US Securities and Exchange Commission (SEC) approved...
The United States Securities and Exchange Commission (SEC) has finally approved the multiple spot Bitcoin Exchange-Traded products (ETPs) applications less than 25 hours after the agency had debunked a "fake approval" post on its X account. The US regulator...
The U.S. Securities and Exchange Commission (SEC) has reportedly offered feedback to potential issuers of bitcoin exchange-traded funds (ETFs) after they submitted documents disclosing service fees for their proposed offerings yesterday, January 8, 2023. Some members of the crypto...
A Matrixport analyst, Markus Thielen, has predicted that the Securities and Exchange Commission (SEC) will reject all bitcoin spot exchange-traded fund (ETF) proposals this month. Despite ongoing discussions and revised S-1 prospectuses, Thielen contends that the current applications do...
MicroStrategy, a leading corporate investor in bitcoin (BTC), continues its strategic accumulation of the cryptocurrency by acquiring 14,620 BTC for approximately $615.7 million. This purchase elevates the company's total BTC holdings to 189,150, with an estimated market value surpassing...
The Philippines's Securities and Exchange Commission (SEC) has accused Binance of operating in the country without the necessary approval or license. In a notice issued to the public on November 28, 2023, the regulator warned citizens to exercise caution...
NFTs and, more recently, AI, have burst onto the scene in the last few years and reshaped our understanding of what's achievable. NFTs have led us to reconsider the concept of value and revolutionized digital ownership. Meanwhile, Artificial Intelligence...
Bybit has achieved a significant growth milestone as it surpasses 20 million registered users, the crypto exchange announced in an official statement released on Tuesday, November 28, 2023. The Dubai-based exchange, founded in 2018, has rapidly grown to become...
The future of the monetary system, as envisioned by Ravi Menon, the Managing Director of the Monetary Authority of Singapore (MAS), will consist of three crucial elements: central bank digital currencies (CBDCs), tokenized bank liabilities, and regulated stablecoins. Menon...
Stablecoin issuer Circle Internet Financial has signed a Memorandum of Understanding (MOU) with SBI Holdings to promote the adoption of USDC and Web3 services in Japan. As part of the agreement, SBI Group subsidiary, SBI VC Trade, will pursue...
