SEC delays a number of Ethereum ETFs, pushing closing determination to Could

[ad_1] The US Securities and Trade Fee is pushing again its determination on a number of Ether (ETH) exchange-traded funds (ETFs) to Could 2024.In a number of Dec. 18 regulatory filings, the company delayed its determination on the Hashdex Nasdaq Ethereum ETF and the Grayscale Ethereum Futures ETF.The Hashdex Ether ETF goals to carry each spot Ether and futures contracts, whereas Grayscale’s Ethereum Futures ETF is seen as a “trojan horse”

Zcash founder Zooko Wilcox steps down from Electrical Coin, naming new CEO

[ad_1] Zooko Wilcox is stepping down because the CEO of Electrical Coin Firm, the crew behind privacy-focused cryptocurrency Zcash (ZEC).ECC introduced a change in management on Monday, with Josh Swihart promoted to exchange Wilcox.Image of Wilcox talking concerning the historical past of privateness on the web. Supply: ECCSwihart beforehand labored at ECC as one of many agency’s vice presidents of development from October 2018 to August 2023 however took 4

A more in-depth take a look at Unstoppable Domains’ .com integration

[ad_1] Unstoppable Domains — a outstanding supplier of Web3 domains — lately expanded its choices by incorporating conventional “.com” addresses. This transfer marks the primary occasion of merging standard Web2 domains with the evolving Web3 area area. This integration goals to seamlessly join the prevailing net infrastructure with the brand new, permitting customers to interact with each sorts of domains on a single platform.Integrating .com domains with blockchain know-how goes past

US court docket approves settlement in opposition to Binance, paying $2.7B to CFTC

[ad_1] A United States court docket has entered an order in opposition to crypto trade Binance and its former CEO Changpeng "CZ” Zhao, which can see Binance pay $2.7 billion and CZ pay $150 million to the Commodities Futures and Buying and selling Fee (CFTC). In a Dec. 18 statement, the CFTC introduced that the U.S. District Court docket for the Northern District of Illinois had accepted the beforehand introduced settlement

Coinbase appeals SEC rulemaking petition denial as promised

[ad_1] Coinbase is constant its efforts to make sure sufficient laws on cryptocurrency used as securities. After america Securities and Change Fee (SEC) denied Coinbase’s petition for rulemaking on cryptocurrency on Dec. 15, the crypto alternate appealed the choice on the identical day.Coinbase chief authorized officer Paul Grewal promised rapid motion as quickly because the SEC’s denial turned identified. On Dec. 18, the U.S. Third District Courtroom of Appeals ordered

UK plan on digital securities sandbox laid earlier than Parliament

[ad_1] The UK Monetary Companies and Markets Act’s provisions on a digital securities sandbox are scheduled to return into drive in January 2024 after being introduced to Parliament.In a Dec. 18 publication, the U.Ok. authorities announced the Digital Securities Sandbox (DSS) rules of the 2023 Monetary Companies and Markets Act, which had been laid earlier than Parliament, paving the way in which for crypto corporations to check services and products

The Pope and US regulators warn about AI dangers: Legislation Decoded

[ad_1] These days, everybody has an opinion on synthetic intelligence (AI) and its potential dangers. Even Pope Francis — the top of the Catholic Church — warned humanity of AI’s potential risks and defined what must be finished to manage it. The Pope desires to see an international treaty to manage AI to make sure it's developed and used ethically. In any other case, he says, we danger falling into

Revolut Enterprise reportedly cuts crypto companies forward of recent guidelines

[ad_1] Neobank Revolut will quickly halt cryptocurrency purchases on its enterprise platform in the UK firstly of the brand new 12 months, based on a media report. An e mail informing prospects of the choice talked about solely buying, implying holding crypto and promoting it might go on uninterrupted. Revolut stated the pause was wanted to provide it extra time to adjust to new Monetary Conduct Authority (FCA) guidelines on selling


[ad_1] The S&P 500 Index (SPX) rose 2.49% final week, extending its string of weekly beneficial properties to seven weeks, the longest such profitable streak since 2017. Nevertheless, Bitcoin (BTC) couldn't preserve its momentum and succumbed to profit-booking by the bulls. Trading resource Material Indicators said in a X (previously Twitter) publish that “ year-end revenue taking and tax loss harvesting” will prevail within the brief time period. Nevertheless, a crash

Bitwise launches crypto ETF media marketing campaign with ‘The Most Fascinating Man within the World’

[ad_1] Actor Jonathan Goldsmith, who appeared as “The Most Fascinating Man within the World” in an promoting marketing campaign for Dos Equis beer, is reviving his persona to advertise Bitcoin (BTC) exchange-traded funds (ETFs) for Bitwise Asset Administration.In a Dec. 18 put up on X (Twitter), Bitwise released an advert spot with Goldsmith displaying “The Most Fascinating Man within the World” in an upscale bar, as he usually did within