The possibility of a Bitcoin exchange-traded fund (ETF) (Bitcoin) The soon-to-be-approved cryptocurrency in the United States has increased demand for the cryptocurrency with the largest capitalization and led to an increase in transaction fees.According to CryptoFees statistics, fees paid on the Bitcoin blockchain on November 16 reached $11.6 million. At [...]
The central bank of Singapore has announced a pilot program for the real-time issuance of a central bank digital currency (CBDC) based on the Singapore dollar, with the aim of enabling local banks to use it for payments. “I am pleased to announce that MAS will trial the ‘live’ issuance [...]
Following Gary Gensler’s speech reiterating the authority of the U.S. Securities and Exchange Commission, Ripple’s lawyer and several members of the crypto community responded by criticizing the SEC chairman and claiming that the commissioner’s words contradict his actions.On November 16, SEC Chairman Gary Gensler shared a video of his speech [...]
The Virtual Asset Regulatory Authority (VARA), Dubai’s cryptocurrency regulator, is changing its leadership as it prepares for the next phase “Accelerating towards large-scale market operations” In 2023. In a statement sent to Cointelegraph, VARA said incumbent CEO Henson Orser will be replaced by global consultant Matthew White, who has worked [...]
On November 15, BlackRock, the world’s largest asset manager, officially filed for an Ether exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC).Ether ETF (ETH(called the iShares Ethereum Trust) aims to “generally reflect the price movement of Ether,” according to an S-1 filed with the SEC. The iShares [...]
The Philippine Treasury Bureau announced that it will offer 10 billion pesos ($179 million) of one-year tokenized treasury bills for the first time, after canceling the traditional auction scheduled for November 20. The Treasury Bureau will offer the tokenized securities to institutional buyers at a minimum denomination of 10 million [...]
during his introduction speech At the Singapore FinTech Festival, International Monetary Fund (IMF) Managing Director Kristalina Georgieva called on the public sector to “prepare to implement” central bank-issued digital currencies (CBDCs) and related payment platforms.Georgieva expressed optimism about the worldwide implementation of CBDCs, but noted that “We have not yet [...]
The Monetary Authority of Singapore (MAS) has introduced five more pilot projects to Project Guardian, which aims to test various use cases of asset tokenization. Project Guardian is a collaborative initiative led by the Reserve Bank of Singapore that aims to develop new financial infrastructure using decentralized finance elements (DeFi). [...]
Click Here to See the Top Crypto Presales That Could Grow Tenfold This Year! entertainment giant Disney As a traditional company in the blockchain world of cryptocurrencies, it has taken another significant step towards digital transformation. Despite its previous decision to liquidate its Metaverse division as part of a comprehensive [...]
Swan Bitcoin services platform has informed its customers that its partner banks will be forced to close accounts that interact with crypto mixing systems as part of their regulatory obligations. Communications with customers suggest the changes are related to proposed regulation by the U.S. Financial Crimes Enforcement Network (FinCEN) that [...]