• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Market

Post-ETF policy landscape and Novi fears, October 18–25

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

[ad_1]

The greatest regulatory story of the week, if not of the 12 months, was the U.S. Securities and Exchange Commission’s failure to oppose the launch of its 1st Bitcoin (BTC) exchange-traded fund, which has considering the fact that misplaced ground. eight prolonged many years to materialize. While early ETFs are monitoring CME-traded Bitcoin futures rather than the asset’s spot value, the crypto area has been anticipating a pure Bitcoin ETF as a logical subsequent phase. However, this bar could show to be really challenging to clear, as SEC Chairman Gary Gensler looks much less convinced of the rigor of the investor protections this kind of solutions present.

Related articles

Most GameFi projects had fewer than 10 active players in October

Most GameFi tasks had fewer than ten lively gamers in October

November 14, 2023
Coin68 Weekly Magazine (October 30 - November 5): Bitcoin continues to grow strongly, altcoins rise

Coinlive Weekly Magazine (October thirty – November five): Bitcoin continues to develop strongly, altcoins rise

November 5, 2023

Below is a short edition of the newest “Deciphered Laws” newsletter. For total information on final week’s policy developments, indicator up for the total newsletter under.

Crypto and the game of nationwide protection

The US Treasury Department exposed final week that the developing use of digital assets poses a developing risk to the nation’s sanctions plan. Adversaries can now use these alternate fiscal paths to mitigate the affect of US-imposed sanctions on the dollar-denominated sector. Just days later on, a senior Treasury Department official reiterated the department’s extreme concentrate on focusing on crypto infrastructure utilised by undesirable actors. The official also clarified that there is an knowing inside of the division that most cryptocurrency transactions serve purely genuine functions.

Novi is anxious

It only took a handful of hrs for a group of Senate Democrats to come to be really concerned about Facebook’s constrained testing of its digital wallet, Novi, operated in partnership with Coinbase and Paxos. The check showed a remittance corridor opening concerning the United States and Guatemala for a compact variety of customers, whereby they could send and obtain Pax Dollar (USDP), a dollar-backed stablecoin.

A group of 5 senators, together with crypto critic Elizabeth Warren and Banking Committee Chair Sherrod Brown, responded with a letter condemning “Facebook’s revived try to launch cryptocurrency and digital wallet,” citing the many scandals surrounding the corporation as a justification for why it can not be trusted to get anyplace close to tossing personal money.

Thunder from under

Big information from Australia has caught the awareness of the crypto neighborhood as a committee of the Australian Senate has been tasked with devising measures to make the nation a foremost fiscal and technologies hub. launched an intensive report on the state and prospective customers of crypto regulation. The report, which was met favorably by the marketplace, could type the basis for Australia to join the ranks of the world’s much more crypto-pleasant jurisdictions.

.

[ad_2]

Tags: fearslandscapeNoviOctoberpolicyPostETF
Share76Tweet47

Related Posts

Top 3 prominent AI cryptocurrencies in the week of January 4, 2025

by Kishu Inu
January 25, 2025
0

Hive AI (BUZZ), BOTIFY and Freya (FREYA) are the top AI coins this week. BUZZ is up 58% in the...

Top 3 cryptocurrencies AI stand out in January 4, 2025

by Kishu Inu
January 25, 2025
0

Hive AI (Buzz), Botify and Freya (Freya) are the top AI currencies this week. Buzz has increased by 58% in...

The crook attacks the former Brazilian TT account to promote the cryptocurrency

by Kishu Inu
January 24, 2025
0

The hacker has appropriated the social network of Jair Bolsonaro, former Brazilian president, to promote a fake meme coin. As...

The crook attacks the former Brazilian TT account to promote cryptocurrencies

by Kishu Inu
January 24, 2025
0

The hacker has appropriated the social network of Jair Bolsonaro, former Brazilian president, to promote a fake meme coin. As...

Solana price increased by 21%, surpassing Sony in market capitalization

by Kishu Inu
January 24, 2025
0

Solana price (SOL) has increased by 8% in the past 24 hours and 21% in the past week, with market...

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • VP JD Vance to Speak at Bitcoin 2025 Conference
  • Bitcoin Bull Score Rises to 80 as Spot Demand Grows
  • Metaplanet Issues $21M Bonds for Bitcoin Purchases
  • BlockDAG Raises $233.5M After CertiK Approval; ETH Price Wobbles, Tether Boosts Security
  • U.S. Senators Probe Binance Ties to Trump Amid Settlement
  • Wellgistics Integrates XRP for Payments Across 6,000 Pharmacies
  • Gemini Gains EU License for Crypto Derivatives
  • Coinbase Derivatives Introduces 24/7 Futures Trading for Crypto
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7