Fednow System Launch Ignites CBDC Speculation The highly anticipated Fednow system, developed by the U.S. Federal Reserve, is set to launch on July 1. This payment system aims to provide “24x7x365 settlement service” and facilitate instantaneous payments. Here are the key points: –…
SEC Calls for Clarity on Surveillance-Sharing Agreements for Bitcoin ETFs The Securities and Exchange Commission (SEC) has recently requested additional clarity on the “surveillance-sharing agreements” associated with spot Bitcoin exchange-traded funds (ETFs). This move allows asset managers to review and revise their applications…
Summary: Celsius, a bankrupt crypto lender, has been given permission to sell its altcoins and convert them into Bitcoin and Ether. This decision was made by Bankruptcy judge Martin Glenn, who allowed Celsius to sell or convert any non-BTC and non-ETH cryptocurrencies into…
The Azuki Team Addresses Community Concerns and Plans for the Future The team behind the popular NFT project Azuki has responded to community concerns regarding the recent Elementals drop. They acknowledged that their intention was to deliver both a product and an experience,…
The Investment Persona Congress Awards 2023: Recognizing Mykola Udianskyi On May 26, 2023, the World Investment Congress Awards ceremony took place during the annual Cannes Film Festival. This prestigious event dedicated to the investment industry celebrated the best and brightest representatives in the…
Biden Wants to Eliminate Tax Loopholes for Crypto Traders During his economic policy speech dubbed “Bidenomics” in Chicago, U.S. President Joe Biden addressed the issue of taxation for crypto traders. He expressed his intention to make the federal tax system fair by eliminating…
The Surge in Bitcoin Cash Price: A Result of Recent Developments The value of Bitcoin Cash ($BCH) has experienced a significant surge in recent weeks, with a growth of over 160% in the last 30 days. This increase in price can be attributed…
The SEC Finds Recent Bitcoin ETF Applications Insufficiently Detailed The U.S. Securities and Exchange Commission (SEC) has found recent applications for spot Bitcoin exchange-traded funds (ETFs) lacking in specificity, despite filings from major players like BlackRock and Fidelity. The SEC has deemed the…
Golteum Joins Chainlink BUILD Program to Accelerate Growth of Precious Metal-backed NFTs Golteum, a precious metal-backed NFT marketplace, has announced its participation in the Chainlink BUILD program. This initiative by Chainlink Labs will provide Golteum with resources and knowledge to enhance the growth…