Top lawmakers in the United States have called on the Securities and Exchange Commission (SEC) to urgently approve spot Bitcoin exchange-traded fund (ETF) applications following a landmark court ruling. Lawmakers Want Spot Bitcoin ETFs Allowed Four members of the House Financial Services Committee on Tuesday urged the SEC to approve spot-based Bitcoin ETFs quickly. In […]
UAE Government’s Pro-Innovation Stance Spurs Crypto Boom, Report Says
The United Arab Emirates (UAE) ha clearly emerged as one of the world’s leading crypto hubs, thanks to its innovation-friendly regulations and its knack for luring fintech-savvy entrepreneurs. That’s according to a Chainalysis report released Wednesday, which cites a combination of federal and municipal reforms as reasons for the UAE’s crypto boom. The UAE Government’s […]
Huobi (HTX) Troubles Mount: Justin Sun Accused Of $2.4B Shortfall In User Funds
HTX (formerly known as Huobi), one of the leading cryptocurrency exchanges, has been embroiled in a new controversy as Justin Sun, Tron’s founder and BitTorrent’s CEO, faces allegations of a staggering $2.4 billion shortfall in user funds. Adam Cochran, Managing Partner at Cinneamhain Ventures, has shed light on the intricate details of the alleged malpractice, […]
SEC Told to Approve Bitcoin Spot ETF ‘Immediately’ by Congress
Congress accuses SEC of unfair bitcoin ETF policies, demanding equal treatment of spot and futures funds after court ruling against agency.
Paris Fashion Week AR Kiosks Turn Visitors Into Runway Models
Augmented reality stations from Fabrix and DressX let Paris Fashion Week attendees try out designer styles, adding an interactive element.
Nomura’s Laser Digital receives in-principal approval for operations in Abu Dhabi
The Japanese bank joins a rapidly growing number of digital asset firms operating in Abu Dhabi and the rest of the United Arab Emirates.
Microsoft Considers Crypto Wallet Integration for Xbox
Xbox may get crypto wallet support, according to leaked court documents.
Binance Returns to Belgium After Summer Hiatus
Earlier this summer, Binance was required to wind down operations in Belgium due to a warning from the FMSA, the country’s principal financial regulator. Previous Dispute With Regulator The FMSA’s warning was, according to the regulator, wholly unrelated to the legal dispute currently underway across the pond. Instead, the watchdog expressed concern over Binance’s practice […]
SEC pushes deadline for ARK 21Shares spot Bitcoin ETF to January
The commission gave itself an additional 60 days to consider the listing of ARK 21Shares’ investment vehicle on the Cboe BZX Exchange, with a final deadline set for Jan. 10.
Bitcoin In Spotlight: Robert Kiyosaki Questions BTC’s Future Amid Citibank’s Blockchain Play
The financial sector was abuzz recently, with Citibank announcing a platform backed by blockchain technology to transform institutional savings into tokens. This news drew interest from various quarters, including prominent financial educator and “Rich Dad Poor Dad” author Robert Kiyosaki, who tied it to Bitcoin. Using the X (formerly known as Twitter) platform, Kiyosaki expressed curiosity […]