Why The Bitcoin ETF The SEC Might Approve Is “Inferior”
The U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler hinted at the possibility of finally approving a Bitcoin Exchange Traded Fund (ETF) at a speech during the Aspen Security Summit. An ETF has been one of the “Holy Grails” for the crypto market and, similar to the legendary object, many have pursuit it with […]
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Fidelity Investments held a private meeting with the U.S. Securities and Exchange Commission to urge the regulator to approve its Bitcoin exchange-traded fund.
This week, the Chamber of Deputies in Brazil might approve a cryptocurrency bill introduced earlier this year. According to the leader of the Federal Government in the Chamber, Ricardo Barros, the bill is set to be discussed, but there are still no reports on a possible vote as the Chamber is set to also discuss other time-sensitive bills. Cryptocurrency Bill on Agenda to Be Discussed This Week Brazil is getting closer to regulating cryptocurrency assets and virtual asset service providers (VASPs). The cryptocurrency bill, identified with the number 4.401/2021, is set to be addressed this....
Purpose Investments has announced that its bitcoin ETF has received regulatory approval in Canada. The post Canadian Securities Regulators Approve North America’s First Bitcoin ETF appeared first on Bitcoin Magazine.
Visa is reportedly set to approve Australian crypto startup Cryptospend’s issuance of debit cards for spending bitcoin and several other cryptocurrencies. “We have a lot of demand for the card,” the company claims. Global card giant Visa is expected to announce later this week the approval of the issuance of a physical debit card that will allow Cryptospend app users to spend their cryptocurrencies using existing payment terminals, Cryptospend co-founder and CEO Andrew Grech reportedly said. “It will be the first time cryptocurrencies can be spent using a payments....
Considering the higher risk involved in cryptocurrency, the Monetary Authority of Singapore (MAS) has tightened the procedure to approve a crypto license for digital asset providers, making the regime a “responsible global crypto hub.” Ravi Menon, the managing director of MAS, stressed enacting a more strict process while issuing a company legal license to operate […]