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SEC’s Preference Prevails: Blackrock Adopts Cash Model for Spot Bitcoin ETF


Blackrock, the world’s largest asset manager, has acquiesced to the U.S. Securities and Exchange Commission (SEC)’s preference for the cash creation model rather than the in-kind model for its spot bitcoin exchange-traded fund (ETF). “Blackrock has gone cash only. That’s basically...

GameSwift Introduces GS Pay To Bridge The Gap Between Web2 and Web3 Payments


PRESS RELEASE. The GameSwift team is proud to introduce GS Pay, a revolutionary payment system and bank card that seamlessly converts in-game treasures into real money, unlocking a world where gaming fuels real-life purchases. As the gaming sector continues its exponential growth, the lines between...

South Korean City Busan Names Digital Exchange Preferred Bidder


Source: SeongGyun/Adobe The South Korean city of Busan is edging closer to the launch of a long-awaited blockchain-powered digital assets trading platform, and has named a preferred bidder. The city has previously pledged to launch the world’s first city government-run exchange before the end...

Tears Of The Kingdom Devs Reveal The One Zelda Spin-Off They’d Never Make


Though it didn’t snag the GOTY at this year’s Game Awards, there’s no doubting that The Legend of Zelda: Tears of the Kingdom is one of 2023’s many gaming highlights. Featuring an intuitive and versatile crafting system, players are free to accomplish tasks in the open-world RPG in wild, unexpected...

Ex-Central Bank Chief Says China ‘Must Lead World’ in CBDC Adoption


Source: Eagle/Adobe The former Governor of China’s central bank, Dai Xianglong, has insisted that China needs to “lead the world’ in CBDC adoption, as the nation’s digital yuan pilot continues. Per a Weibo post from the media outlet Finance iFeng, former People’s Bank of China (PBoC) chief Dai said...

Blackrock Meets With SEC 4 Times to Discuss Spot Bitcoin ETF Application


Blackrock, the world’s largest asset manager, has met with the U.S. Securities and Exchange Commission (SEC) for the fourth time recently to discuss its spot bitcoin exchange-traded fund (ETF) application. SEC Chairman Gary Gensler said this week that the securities regulator is “taking...

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