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Fidelity Investments on Cusp of Filing Spot Bitcoin ETF with US SEC
By Steve Muchoki
• 3 mins read
Once the investment giant Fidelity files for a spot Bitcoin ETF with the US SEC, it will be the second time following the dismissal of the first one two years ago.
Federal Judge Denies Pretrial Motions to Dismiss Criminal Charges against SBF Citing Lack of Merits
By Steve Muchoki
• 3 mins read
SBF will have to issue arguments beyond doubt to the judge and jury why he is not guilty of the charges levied against him.
BoE Reassures Britons Digital Pound Will Be Privacy-Centric CBDC
By Steve Muchoki
• 3 mins read
The Bank of England (BoE) has made extensive research on the best format for developing a digital pound to supplement the fiat system.
District Court Judge Denies Binance Motion to Restrict SEC from Allegedly Issuing Misleading Statements
By Steve Muchoki
• 3 mins read
Binance and its legal team filed a motion to have the SEC stopped from stating that CZ and the exchange had commingled users’ funds.
New Report Shows FTX Owe Customers about $8.7B as of Petition Date
By Steve Muchoki
• 3 mins read
The report noted that former FTX Group officials including SBF commingled customer deposits and corporate funds, and misused them with unnecessary spending.
Japan’s National Tax Agency Says Crypto Startups Will Not Pay for Unrealized Gains
By Steve Muchoki
• 3 mins read
The move is expected to attract crypto investors who had fled the country following the heavy burdens caused by taxations of unrealized profits.
Maye Musk Cancels Jiu Jitsu Fight between Her Son Tesla CEO and Meta Platforms Co-Founder Mark Zuckerberg
By Steve Muchoki
• 3 mins read
Earlier, Meta co-founder Mark Zuckerberg had agreed to a Jiu-Jitsu fight in a cage with Tesla CEO Elon Musk following social media pressure.
TrueUSD (TUSD) Remains Unaffected by Prime Trust Suspension of Deposits and Withdrawals
By Steve Muchoki
• 3 mins read
The TUSD stablecoins issuer confirmed to the users that it had no exposure to Prime Trust and that all funds are safe.
Alphabet’s Google Cloud Launches Anti-Money Laundering AI after Successful Test with HSBC
By Steve Muchoki
• 3 mins read
The Google Cloud Anti-Money Laundering AI focuses on retail and commercial banking to accelerate risk detection.
Bitcoin and Ethereum Under Howey Test Are Commodities Not Securities
By Steve Muchoki
• 3 mins read
The United States SEC has argued that almost all crypto assets are unregistered securities but experts see it differently for Bitcoin and Ethereum.