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SEC Delays Decision on Global X Spot Bitcoin ETF, Citing Market Manipulation and Public Input Concerns

Benito Cormi3 years ago2 min read

Spot Bitcoin ETF Decision Delayed by SEC The U.S. Securities and Exchange Commission (SEC) has postponed the decision on the Global X Bitcoin Trust’s application to…

IMF Leader Urges Public Sector to Prepare for Central Bank Digital Currency (CBDC) Deployment as Potential Cash Replacement

Benito Cormi3 years ago3 min read

IMF Director Urges Public Sector to Prepare for CBDC Deployment During the Singapore Fintech Festival, the Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva,…

Artificial Intelligence-Driven Surge in Top Cryptocurrency Tokens Lifts Market to $3 Billion

Benito Cormi3 years ago2 min read

AI Cryptocurrency Market Rebounds in Q4 of 2023 The AI-driven crypto market peaked at over $4 billion in the early months of 2023, only to plummet…

Fidelity Submits 19b-4 Application for Ethereum ETF, Targeting Increased Investor Security in Cryptocurrency Market

Benito Cormi3 years ago2 min read

Fidelity’s Proposal for a Spot Ethereum ETF Fidelity has submitted a 19b-4 to the SEC proposing to launch a spot ethereum exchange-traded fund (ETF) on the…

Nigerian Fintech Company Paystack Reduces Staff, 33 Workers to Leave

Benito Cormi3 years ago2 min read

‘Localizing Costs and Getting Closer to Customers’ The Nigerian fintech startup, Paystack, has announced a scale-down of its operations outside of Africa, leading to the departure…

South Africa Adopts Unique Cryptocurrency Reporting Framework, Setting It Apart in Africa

Benito Cormi3 years ago2 min read

Taxation for Crypto Transparency More than 40 countries and jurisdictions, including South Africa, have agreed to adopt the Crypto-Asset Reporting Framework (CARF) aimed at improving tax…

China’s Central Bank Trials Digital Yuan Payment Integration in Hong Kong

Benito Cormi3 years ago3 min read

China and Hong Kong to Integrate Digital Yuan Payment System The People’s Bank of China (PBOC) and the Hong Kong Monetary Authority (HKMA) are currently in…

Sergio Massa, Argentina’s Presidential Hopeful, Proposes Blockchain for Government Financial Monitoring

Benito Cormi3 years ago2 min read

Sergio Massa’s Proposal for Blockchain Monitoring Presidential candidate and Economy Minister Sergio Massa has suggested the implementation of a blockchain-based system to allow citizens to monitor…

Leadership Changes at OpenAI Result in Decline of Worldcoin’s WLD

Benito Cormi3 years ago2 min read

Openai Leadership Changes Triggers Worldcoin Downfall On November 17, 2023, Openai, the company behind Chatgpt, announced the departure of its CEO, Sam Altman, who played a…

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