SEC Wants Second Look at Nine Bitcoin ETFs

One day after the U.S. Securities and Exchange Commission (SEC) rejected proposed rule changes for nine bitcoin ETFs, the Commission initiated a review of all related decisions. Three rejection orders made on August 22 are now stayed pending the review by the SEC Chairman and the Commissioners. Also read: Yahoo! Japan Confirms Entrance Into the Crypto … Read more

The Daily: Crypto Exchange Rents Pricey HK Offices, UAE Realtor Sells Homes for Crypto

Crypto trading platform Bitmex has reportedly rented some of the world’s most expensive offices, in a Hong Kong skyscraper. Also in Bitcoin in Brief today, UAE-based realtor wants to add cryptocurrencies to the payment options offered to its customers. Other reports in The Daily cover Square Cash app downloads surpassing those of Paypal’s Venmo, and … Read more

Another Japanese Company Developing 7nm Bitcoin Mining Equipment

Besides GMO Internet, another Japanese company is working on producing 7nm mining equipment. Triple-1 has been working on its 7nm bitcoin mining chips and expects to start shipping the equipment in November, shortly after GMO expects to start shipping its 7nm miners. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Developing 7nm Mining Equipment … Read more

Bank of Thailand and 8 Commercial Banks Developing Central Bank Digital Currency

Following the adoption of the country’s first cryptocurrency regulation, the central bank of Thailand is working on its own digital currency in collaboration with the country’s largest banks. Initially, the new currency will be used for interbank transfers; this phase is expected to be completely developed by the first quarter of next year. Also read: Yahoo! … Read more

Cryptocurrency Card Issuer Wirex Granted E-Money License in the UK

European crypto card provider Wirex has been awarded an e-money license by the Financial Conduct Authority in the UK. The accreditation will allow the company to create e-money accounts in more than two dozen different currencies. Wirex hopes to secure similar licenses in Asia and North America. Also read: Check Which Coins You Can Spend … Read more

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