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Grayscale Files New S-3 With SEC, Pushing to Convert Bitcoin Trust Into NYSE Spot ETF After Court Win
19.10.2023
Grayscale Investments, the leading digital asset manager by assets under management (AUM), unveiled on Thursday its latest submission to the U.S. Securities and Exchange Commission (SEC). This move seeks to list the Grayscale Bitcoin Trust (GBTC) as a spot exchange-traded fund (ETF) on NYSE Arca....
Gemini, Genesis, DCG Face $1B Fraud Lawsuit by NY Attorney General; Gemini Says It’s the ‘Victim’ in Scandal
19.10.2023
New York Attorney General Letitia James filed a lawsuit against crypto companies Gemini Trust Company, Genesis Global Capital, and its parent company Digital Currency Group (DCG) for allegedly defrauding over 230,000 investors out of more than $1 billion. The lawsuit claims the companies lied about...
ECB shifts to the preparation phase of digital Euro project
19.10.2023
The Governing Council of the European Central Bank (ECB) is prepared to move the digital euro initiative into the preparation stage. This follows the conclusion of the investigation phase that the Eurosystem declared in October 2021. The design and allocation modules for a digital euro were to...
Finland works on instant payments system, embraces digital euro
19.10.2023
The Bank of Finland actively promotes the development of new forms of payment
UAE emirate launches new free zone for digital assets, Web3 and AI
19.10.2023
Ras Al Khaimah, known for its rich cultural sites, is turning to the virtual assets sector to diversify its economy away from traditional avenues such as tourism
Macy’s introduces mstylelab, a new digital fashion platform
19.10.2023
Macy’s has introduced a new platform, mstylelab, which will not only be highly interactive but will also see the merging of the real and virtual realms and transform the fashion industry itself. This platform will combine technology and all-encompassing exposure. The team at Macy’s...
Why Monero matters: The key to privacy in digital currency
19.10.2023
Digital currencies, being decentralized, lack central governance by entities like governments. An essential aspect of digital currency garnering significant attention revolves around using robust cryptographic algorithms for transaction security. In the digital currency domain, safeguarding...
Digital Euro Enters ‘Preparation Phase’ — ECB Says ‘Digital Euro Would Make Data Protection a Priority’
19.10.2023
The European Central Bank (ECB) has decided to move its digital euro project to the next phase after two years of investigation. The “preparation phase” of the digital euro will involve “finalizing the digital euro rulebook and selecting providers that could develop a digital euro platform...
Vitalik Buterin: ‘I Haven’t Sold ETH for Personal Gain Since 2018’
19.10.2023
Vitalik Buterin has dismissed reports that he recently sold his crypto holdings and claimed to have not “sold ether for personal gain since 2018.” Buterin suggested to his followers that the reports often mistake his transfer of digital assets to charitable organizations as sales...
Bitcoin Miner Marathon to Custody Some of Its BTC With Fidelity Digital
18.10.2023
The miner is adding Fidelity to diversify its bitcoin (BTC) custody
Just how bullish is the Bitcoin halving for BTC price? Experts debate
18.10.2023
Analysts recently debated whether or not the Bitcoin halving is still a meaningful catalyst for BTC’s price discovery
Inspector General wants FDIC to refine crypto risk assessment process, guidance
18.10.2023
The bank deposit insurer should assess the sufficiency of its risk mitigation measures and then provide them in a more organized manner, the inspector general found
Galaxy Digital CEO Mike Novogratz Foresees Spot Bitcoin ETF Approval in 2023
18.10.2023
Galaxy Digital CEO Mike Novogratz expects a spot bitcoin exchange-traded fund (ETF) to be approved in 2023. “It’s going to get approved, we think it happens this year,” the American investor said on Wednesday. Billionaire and Crypto Investor Mike Novogratz Say There’s Been a ‘Huge Psychological...
ECB officials move to 'preparation phase' for digital euro
18.10.2023
Though the issuance of a digital euro is not a certainty, officials with the European Central Bank are moving to next phase of the project
Elizabeth Warren and 100 Lawmakers Push Biden on Crypto-Terrorism Action, Despite Less Than 1% Illicit Use
18.10.2023
Elizabeth Warren, the Democratic senator from Massachusetts, is alarmed by the potential of crypto-fueled terrorism. She has rallied over 100 policymakers and approached the Biden administration, urging the executive branch to tackle this pressing issue. The news follows Warren’s recently...
Digital Euro Project Moves to 'Preparation' Phase
18.10.2023
The move is not a decision to issue a central bank digital currency, the European Central Bank said Wednesday
Europe’s Data Agencies Express Concerns Over Privacy Standards with The Digital Euro
18.10.2023
The European Union (EU) data protection agencies have flagged possible areas concerning user privacy exposures of the proposed digital euro.
In a joint release on Oct 18, the European Data Protection Board (EDPB) and the European Data Protection Supervisor (EDPS) highlighted their opinion on...
EU Privacy Watchdog Takes Aim at ‘Excessive Centralization’ of Digital Euro
18.10.2023
The central bank digital currency has met significant opposition from lawmakers worried over excessive state snooping
IMF Boss Kristalina Georgieva Calls to Accelerate ‘Financial Inclusion’ Through Digitalization
18.10.2023
Kristalina Georgieva, managing director of the International Monetary Fund (IMF), has argued that digitalization could help to scale up “financial inclusion.” During a keynote, Georgieva stated that digitalization worked well in this sense and called for an extension of initiatives...
Fed Governor Questions Need for US Central Bank Digital Currency
18.10.2023
A top Federal Reserve official said Tuesday she has yet to be convinced there is a need for the U.S. central bank to develop a digital currency. Fed Governor Remains Unconvinced on U.S. CBDC, Cites Existing Innovations and Risks In a discourse at Harvard Law School, Fed Governor Michelle Bowman...