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 [...]
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 [...]
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 [...]
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 [...]
The European Parliament voted in favor of the Data Act, a controversial piece of legislation that includes a clause providing for the possibility of terminating smart contracts. Inside Press release On 9 November Parliament declared: Legislation It was accepted with 481 votes in favor and 31 against. To become law, [...]
A team of academic researchers from the International Hellenic University in Greece and the Democritus University of Thrace recently published An article supporting the “efficient market hypothesis” (EMH) for Bitcoin trading (Bitcoin).EMH is a controversial theory that researchers say has helped develop models that can outperform the Hodl strategy by [...]
The former chief compliance officer for OneCoin, a cryptocurrency that defrauded investors of $4 billion in 2015, pleaded guilty to computer fraud and money laundering charges in Manhattan federal court. Inside forwarded On November 10, the Department of Justice (DOJ) said U.S. District Judge Edgardo Ramos entered a guilty plea [...]
Cryptocurrency exchange Binance continues to withdraw from Russia and is preparing to terminate local currency deposits next week.company on friday announced It officially says that it will stop accepting deposits in Russian rubles from November 15, 2023, and advises users to withdraw RUB from the platform, as it plans to [...]
The National Securities Market Commission (CNMV), Spain’s main financial regulator, has filed its first lawsuit against a technology provider for violating rules for introducing cryptocurrencies in the country. According to a Press release On November 8, the CNMV launched an “enforcement case” against Miolos for two “major” advertisements released in [...]
According to Jaran Mellerud, founder and analyst of MinerMetrics, the heavyweights of Bitcoin mining (Bitcoin) Marathon Digital and Riot Platforms are among the most valued mining companies compared to their competitors.The key metric supporting Mellerud’s claim is the enterprise value-to-sales ratio (EV/S), which measures a company’s value relative to its [...]