The new deadline for at least two Ethereum spot ETF filings has been delayed to just after Christmas. The U.S. Securities and Exchange Commission (SEC) extended the deadline for making a decision to approve the spot exchange-traded fund applications by Ark Invest and VanEck. The SEC issued two separate letters on Wednesday reporting a 45-day extension to the original deadline…
About the Author A former journalist, Daniel Dob has worked with projects including Polygon and Onomy, and now helms experimental content and design studio GM Factory. The views expressed here are his own and do not necessarily represent those of Decrypt. Money is a hard problem. How we, as social animals, track the distribution of worth and value in our…
Europe remains fertile ground for the cryptocurrency ecosystem to flourish in comparison to harsher regulatory environments, according to prominent speakers at this year’s Blockchain Expo in Amsterdam. Cointelegraph attended the convention held at the RAI conference center for the second year running, with the Blockchain Expo forming part of the larger Tech Expo event being hosted in the Netherlands. The…
Binance prompted European Paysafe users to convert their EUR balances to Tether’s dollar-pegged stablecoin USDT before October 31. The crypto exchange indicated in a statement that this decision was made after its banking partner Paysafe “unilaterally decided to stop processing EUR deposits for Binance users.” On September 25, Paysafe had already signaled its intentions by suspending euro deposits. Until then,…
Singapore-based exchange Crypto.com has teamed up with PayPal and Paxos to become a preferred platform for PayPal USD (PYUSD). According to a press release from Sept. 28, Crypto.com currently possesses the deepest liquidity for PYUSD trading pairs globally. The exchange has listed PYUSD for retail and institutional users, with “trading features coming soon.” This move builds on PayPal and Crypto.com’s…
The Bank for International Settlements (BIS) and the central banks of France, Singapore and Switzerland concluded a joint test of the cross-border trading and settlement of wholesale central bank digital currencies (CBDCs). Banque de France issued the report on Sept. 28. The so-called Project Mariana was developed by Banque de France, the Monetary Authority of Singapore, and the Swiss National…
Bitcoin is still down 60% from its November 2021 all-time high, so many traders wonder if the BTC price could crash further in the coming months. Source: https://cointelegraph.com/public/index.php/news/is-bitcoin-price-going-to-crash-again
Joel E. Cohen, a mathematician and biologist representing Celsius Network’s valuation advisor Stout Risius Ross, LLC, confirmed the accuracy of the fair value of certain of the debtors’ assets and liabilities as of May 31, 2023. Following months of back and forth, most Celsius creditors recently voted in favor of a plan to see approximately $2 billion worth of Bitcoin…
The governor of the Central Bank of Brazil, addressing the Finance and Taxation Commission of the country’s parliament, said the bank has noted a significant surge in crypto adoption in the country and intends to react by tightening the digital assets regulation. During his speech on Sept. 27, Banco Central do Brasil Governor Roberto Campos Neto reported the rise of “cryptocurrency…
Decentralization is the holy grail of blockchain buzzwords. Although it is endlessly touted by crypto advocates far and wide, another hack on the weekend unveiled a not-so-decentralized reality, reviving the industry’s oldest debate. What does decentralization really mean? “We are using the word for adoption rather than actual decentralization,” says Sergey Nazarov, the co-founder of the decentralized oracle network Chainlink.…
