Odds of Spot Bitcoin ETF Approval Improve by 75% after Grayscale’s Victory
The SEC has 45 days to request a rehearing for the Grayscale’s court verdict. It can either approve the conversion of GBTC into and ETF or reject it for any other reason.
Blockchain news category covers the foundational technology powering the crypto world. Discover updates on scalability solutions, layer‑1 and layer‑2 protocols, decentralized apps (dApps), enterprise adoption, and how blockchain is reshaping sectors from finance to supply chain. A must‑read for understanding the infrastructure behind the headlines.
The SEC has 45 days to request a rehearing for the Grayscale’s court verdict. It can either approve the conversion of GBTC into and ETF or reject it for any other reason.
As TinyTap looks to the future, the company is gearing up for the second phase of its AI strategy. Set for a 2024 launch, the AI “Practice Anywhere” tools are poised to transform the way children reinforce their learning outside the classroom.
The termination of this partnership occurred without any announcement, and despite efforts from various news outlets, attempts to gather information from sources have yielded limited results.
Meanwhile, Binance Japan will also be looking to leverage the country’s revised Payment Services Act. Under the Act, stablecoins backed by legal tender are recognized as an “electronic payment method”.
With a robust operational history and an efficient Ethereum Virtual Machine launched earlier this year in April, EOS has established itself as a trusted platform for developers in the crypto industry.
By integrating the USDC for users in Chile, Circle will be hoping to offer them the stability of the U.S. dollar while also creating diverse payment options for them.
While the exact start date of Tether’s partnership with the bank remains undisclosed, the crypto-focused company has historically been discreet about its banking relationships.
The move by Rhode Island regulators comes mere weeks after X acquired money transmitter licenses in Michigan, Missouri, and New Hampshire.
Aside from Hong Kong, SEBA will also seek additional licensing in Singapore as it continues its push in the Asia Pacific region.
Former chief of SEC office of Internet enforcement John Reed Stark argued that the rare move by the agency could spell criminal investigation for Binance and the accused persons.
Binance discontinues support for Venezuela’s Banco de Venezuela to avoid sanctions violations, following similar actions with Russian banks.
Despite fears of bankruptcy in late 2022, Argo’s 2023 mid-year results show a positive shift.
Proactively, the platform has placed a temporary freeze on affected user accounts within the customer claims portal.
In addition to the partial repayment agreement, DCG has also committed to paying an additional $275 million, disbursed in four installments after the date of the initial partial repayment.
Impact Theory Will pay a total of $6.1 million and will discontinue the selling of Founders’ Keys, which the SEC calls as unregistered securities in the form of NFTs.