Vivek Ramaswamy Is Changing Presidential Campaign Discourse on Crypto
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Vivek Ramaswamy Is Changing Presidential Campaign Discourse on Crypto

As Republican presidential hopeful Vivek Ramaswamy rides a wave of exposure following his breakout performance in last week’s kickoff GOP primary debate, the public is getting a closer look at the tech entrepreneur’s vision for America—including the role of cryptocurrency. While many of Ramaswamy’s proposed policies rhyme with those of his primary challengers, they also tend to lean further into…

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BlackRock's Bitcoin ETF to be the 7th application delayed by SEC today
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BlackRock’s Bitcoin ETF to be the 7th application delayed by SEC today

The United States Securities and Exchange Commission has delayed an application for a Bitcoin exchange-traded fund from global asset manager BlackRock. The asset manager, which is said to have 8.5 trillion of assets on its books, has had its iShares Bitcoin Trust delayed, aimed at offering investors access to Bitcoin markets without having to have direct exposure to BTC itself. In…

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Google's Generative AI Tools Now Turn Text Into Online Worlds
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Google’s Generative AI Tools Now Turn Text Into Online Worlds

Some game developers are turning to artificial intelligence to make the creative process faster and easier—and cheaper, too. At Google Cloud Next in San Francisco, startup Hiber announced the integration of Google’s generative AI technology in its Hiber3D development platform, which aims to simplify the process of creating in-game content. Hiber said the goal of adding AI is to help…

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SEC Punts on Three Bitcoin ETFs—With More Delays Expected
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SEC Punts on Three Bitcoin ETFs—With More Delays Expected

The Securities and Exchange Commission (SEC) has said it needs a “longer period” to evaluate several spot Bitcoin ETF application, including those of Wisdom Tree Funds, Invesco and Galaxy Digital, and Valkyrie Funds. According to a filing from the securities regulator, it’ll need until at least Oct. 17 to decide whether to approve or reject the applications. The SEC would…

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SEC delays decision on spot Bitcoin ETF applications from WisdomTree, Invesco, and Valkyrie
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SEC delays decision on spot Bitcoin ETF applications from WisdomTree, Invesco, and Valkyrie

The United States Securities and Exchange Commission (SEC) has postponed its decision on WisdomTree’s Bitcoin Trust first filed on Dec. 8 2021. The institutional giant refiled its ETF application on July 19, 2023 with the first deadline approaching. WisdomTree’s Bitcoin ETF proposal didn’t get the SEC’s approval in 2021. However. after BlackRock joined the spot Bitcoin ETF race, WisdomTree refiled…

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KC Fed tracks healthy growth of crypto ATM industry despite predatory operators
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KC Fed tracks healthy growth of crypto ATM industry despite predatory operators

The crypto ATM business is thriving in the United States, despite criticism for illegal or predatory behavior, according to a report released by the Federal Reserve Bank of Kansas City. It has a growing customer base that could sometimes benefit from better education about crypto, the report concluded. Crypto ATMs convert Bitcoin (BTC) and often other cryptos or stablecoins into…

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