Better Markets called the potential approval of a Bitcoin ETF “a regulatory mistake of historic proportions” in a letter to the SEC.
It’s unclear why the person sent 26.9 BTC to the Genesis wallet but what’s clear is they won’t be getting it back.
Coinbase entered into an agreement to buy a company holding a Mifid II license, a step to start offering crypto derivatives in the EU.
Go to Source Author: Nikhilesh De
Digital Currency Group paid off short-term loans to Genesis and said it satisfied “all obligations currently due.”
Nasdaq filed amended 19b-4 forms on Friday for bids from BlackRock and Valkyrie for proposed spot bitcoin ETFs.
Depletion of the Fed’s reverse repo program and expiry of a crucial funding facility for troubled banks may trigger a market crash in March and force the Fed to cut interest rates, Maelstrom CIO Arthur Hayes said.
The U.S. Securities and Exchange Commission (SEC) has been blowing a horn in its various legal clashes with crypto exchanges, asking courts to see how its recent win in the Terraform Labs dispute should convince other judges that the regulator is right about platforms like Coinbase and Binance trading unregistered securities.
The move is reminiscent of a similar pledge by VanEck to donate 10% of profits from its ether futures ETF to Ethereum developers in October last year.
At the same time, critics suggest that the move could result in short term pain for investors.
