SEC delays set deadline for Bitcoin ETF approval to early 2024
With a maximum 240-day window available to the SEC to delay crypto ETF applications, some firms could wait until March 2024 to hear decisions on filings made in July 2023. Go to Source
Month: August 2023
Mining service provider faces $100M lawsuit over pyramid scheme allegations in China
Prosecutors alleged that the executives of a Filecoin mining project orchestrated an elaborate pyramid scheme and scammed the participants. Go to Source
Prime Trust bankruptcy spotted by crypto community months ahead
Months prior to Prime Trust filing for Chapter 11 bankruptcy, sleuths in the crypto community were on the case and still continue to follow the money. Go to Source
First EU spot Bitcoin ETF hits Euronext Amsterdam exchange
The Jacobi Bitcoin ETF is finally going live on the Euronext Amsterdam stock exchange, more than a year after its planned launch. Go to Source
BTC price won’t hit $100K before 2024 halving — Bitcoin investment exec
Bitcoin halving data will not be reflected in the market for a year or more, says Jesse Myers. Go to Source
Bitcoin Depot Q2 revenue jumps 18% y/y as it plans ATM adds after NASDAQ listing
Bitcoin Depot records $197.5 million in revenue in the second quarter for 2023 spurred on by partnerships with various American retail stores. Go to Source
New Zealand crypto exchange Dasset enters liquidation
Customers of Auckland-headquartered crypto exchange have been denied access to their funds. Go to Source
What are crypto-backed mortgages, and how do they work?
Crypto-backed mortgages involve using cryptocurrency holdings as collateral to secure loans, offering benefits like access to liquidity without selling assets. Go to Source
Singapore central bank says three business days is ‘timely transfer’ for stablecoins
Redemptions of MAS-regulated single-currency stablecoins will have a longer grace period which is five business days despite some arguing that it should be done in real-time. Go to Source
Dubai lures AI, Web3 enterprises with 90% subsidized commercial licenses
In addition to attracting talent, Dubai has also given out operational licenses to crypto exchanges over the past several months. Go to Source
