According to the New York regulator, Genesis had compliance failures that violated crypto and cybersecurity regulations, leaving the company “vulnerable to illicit activity.”
Applications for the spot Bitcoin ETF got full approval from the SEC on Jan. 10 and started trading on Jan. 11.
Gensler has warned that his agency still does not support Bitcoin despite having approved several spot Bitcoin ETFs.
The Monetary Authority of Singapore would be able to give written directions on conducting unregistered business among several new powers.
The South Korean Financial Services Commission may review and update its regulations with regard to the Bitcoin spot ETF trade approval in the United States.
Some X accounts theorized that the Bitcoin crash was caused by GBTC redemptions, but Arkham data shows only $41 million in outflows.
Cartesi developer advocate Jathin Jagannath expressed the importance of improved digital literacy, stating that a skilled workforce and user base are crucial for successfully integrating Web3 technologies.
South Korean financial regulators are reportedly looking to introduce new regulations around the use of crypto mixers in the country, following in the footsteps of the United States.
Bitcoin price continues to whipsaw even after the SEC approved all 11 spot Bitcoin ETF applications.
The commission said the request was related to a July ruling in which a judge said XRP only qualified as a security when sold to institutional investors.
SEC Chair Gary Gensler said the agency is taking the cybersecurity incident seriously and is currently evaluating the impact of the breach on crypto investors and marketplaces.
SingularityNET CEO Ben Goertzel said that advances in AI could make it easier to produce summaries on the reputation of crypto entities.
Hong Kong regulators seek to accelerate Bitcoin ETF approvals. Thailand handing out billions, Chinese bank’s blockchain patent: Asia Express.
Need to know everything that’s happening around spot Bitcoin ETF approvals? Here is the latest news on daily trends and events surrounding the anticipated ruling.
The lawsuit involving The New York Times vs. OpenAI and Microsoft has caused legal experts to forecast what this case could mean for copyrights, publishers and AI developers alike.
The embattled crypto firms have begun transferring large volumes of ETH to centralized exchanges as they attempt to pay back creditors.
Digital currencies were a topic of interest at the latest U.K. Parliament Treasury Committee meeting. Enthusiasm for them, however, was muted.
The future of media, artificial intelligence and U.S. copyright law could all hang in the balance.
The long-awaited decision on spot Bitcoin ETFs has finally come, and Cointelegraph is here to keep you updated on all the latest developments following this groundbreaking development.
Many speculated that the SEC chair had no choice but to approve the investment vehicle after a court-ordered review of Grayscale’s spot Bitcoin ETF application.
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