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The Wall Street Journal reports that the Securities and Exchange Commission (SEC) has expressed worries about the recent influx of spot Bitcoin exchange-traded funds (ETFs) applications, indicating that the submissions lack both clarity and thorough information. Echoing BlackRock's strategy, a variety of asset managers such as Fidelity Investments,
In a recent wave of increasing institutional interest in Bitcoin, Fidelity Investments has resubmitted a spot Bitcoin ETF application. This step follows similar filings by various prominent financial entities. On January 27th 2022, the SEC rejected Fidelity’s initial application for a Spot Bitcoin ETF after rejecting applications from First
In an effort to mitigate escalating rates of cybercrime, the Belarusian government has suggested prohibiting peer-to-peer (P2P) transactions involving Bitcoin and other digital assets. The Ministry of Foreign Affairs (MFA) of Belarus outlined the objectives of this new legislation and the resulting impact on users of Bitcoin and crypto exchanges.
News • Bitcoin • Jul 05, 2023In an effort to mitigate escalating rates of cybercrime, the Belarusian government has suggested prohibiting peer-to-peer (P2P) transactions involving Bitcoin and other digital assets. The Ministry of Foreign Affairs (MFA) of Belarus outlined the objectives of this new legislation and the resulting impact on users of Bitcoin and crypto exchanges.
News • Bitcoin • Jul 05, 2023The Wall Street Journal reports that the Securities and Exchange Commission (SEC) has expressed worries about the recent influx of spot Bitcoin exchange-traded funds (ETFs) applications, indicating that the submissions lack both clarity and thorough information. Echoing BlackRock's strategy, a variety of asset managers such as Fidelity Investments,
News • Bitcoin • Jun 30, 2023In a recent wave of increasing institutional interest in Bitcoin, Fidelity Investments has resubmitted a spot Bitcoin ETF application. This step follows similar filings by various prominent financial entities. On January 27th 2022, the SEC rejected Fidelity’s initial application for a Spot Bitcoin ETF after rejecting applications from First
News • Bitcoin • Jun 29, 2023The North Carolina House of Representatives has approved House Bill 721 to research the benefits and acquisition of Bitcoin and virtual currencies. The bill, now referred to the Senate, aims to investigate state-level virtual currency management. The proposed law acknowledges the increasing significance of Bitcoin and virtual currencies, as stated
News • Bitcoin • Jun 28, 2023Tether, a stablecoin issuer, has signed a memorandum of understanding (MoU) with the Georgian government. The objective is to establish Bitcoin and peer-to-peer (P2P) infrastructures within the nation. This strategic alliance between Tether and the Georgian government will primarily concentrate on creating the necessary infrastructure to foster a flourishing startup
News • Bitcoin • Jun 28, 2023After issuing a cease and desist order, the Financial Institutions Division of Nevada has once more taken action against the cryptocurrency custodian, Prime Trust. This time, they have sought to appoint a receiver. A receivership is a court-appointed tool aiding creditors in retrieving defaulted funds and helping companies avoid bankruptcy,
News • Business • Jun 27, 2023HSBC, a premier financial institution in Hong Kong, has taken a substantial step by giving its customers the freedom to trade Bitcoin exchange-traded funds (ETFs). This decision signifies a change in the attitude of conventional banks towards Bitcoin, considering that HSBC had previously demonstrated reluctance in embracing Bitcoin. HSBC'
News • Bitcoin • Jun 26, 2023BTC Prague, the largest Bitcoin-only conference in Europe, has concluded. The event gathered influential Bitcoiners, developers, entrepreneurs, and companies under a massive roof in Prague, creating an unforgettable event destined for the 'Bitcoin conference scrapbook.' Thanks to Martin and Matyáš Kuchař, the organizers of BTC Prague, the Czech
News • Bitcoin • Jun 23, 2023