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Unraveling Gensler’s Strategy: The Reason Behind Allowing Spot Bitcoin ETFs


When the Securities and Exchange Commission (SEC) decided to approve Spot Bitcoin ETFs for public trading on Wednesday, the deciding vote fell to chairman Gary Gensler. After years of criticizing and rejecting such products, what caused the chairman to change his mind? Based on his recent comments...

Blockchain Association Addresses Sen. Warren’s Criticism of Crypto Hires


Source: Pixabay The Blockchain Association has published a public response to Senator Elizabeth Warren’s criticism of the crypto industry’s hiring of former government officials. In an open letter published on January 9th, Blockchain Association CEO Kristin Smith addressed Sen. Warren’s previous...

South Korean Lawmaker: Top Crypto Exchanges ‘Neglect Responsibilities’


Source: efired/Adobe A South Korean lawmaker has claimed that the nation’s leading crypto exchanges are “neglecting their responsibilities to protect investors.” According to a report from Daehan Geumyoong Shinmun, the comments came from Min Byeong-deok. Min is a member of the National Assembly’s...

SEC To Finalize Comments On Spot Bitcoin ETFs With Nasdaq, NYSE


Source: DALL·E The U.S. Securities and Exchange Commission (SEC) will reportedly hold meetings with the nation’s largest stock exchanges on Wednesday, refining all details related to a suite of Bitcoin ETF applications. “The SEC is holding meetings today with the exchanges (Nasdaq, CBOE, NYSE)...

Ripple CEO Brad Garlinhouse Fires At SEC Over Crypto Noncompliance Comments


Source: Adobe/Kristina Blokhin Ripple CEO Brad Garlinghouse has lashed out at the US Securities and Exchange Commission (SEC) chair Gary Gensler, accusing him of “stunning hypocrisy” in the crypto industry.  Garlinghouse’s criticism comes in response to Gensler’s recent...

Russia-China CBDC Payments May Debut in 2024 – Moscow


Source:Iliya Mitskavets/Adobe A top Russian politician says that Moscow and Beijing could begin using their CBDCs – the digital ruble and digital yuan – to make payments as early as 2024. Per the news agency Tass, the comments came from Anatoly Aksakov, the head of the State Duma Committee on...

Russia Poised to Let Miners Sell Coins Abroad as ‘Exports’


Source: artiemedvedev/Adobe Russian industrial miners may be given the right to sell cryptoassets as “export products,” the nation’s finance ministry said. Per RBC, the country’s Deputy Minister of Finance Ivan Chebeskov made the comments at a round table event named “Cryptocurrency and the Future...

SEC Calls for Comments on Fidelity’s Spot Ether ETF Application


The U.S. Securities and Exchange Commission (SEC) is soliciting comments from the public regarding Fidelity’s potential spot Ether exchange-traded fund (ETF). Fidelity’s argument According to a notice filed Thursday, Cboe BZK Exchange is looking to list and trade shares of Fidelity’s Ethereum...

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