Don’t be surprised if we see more investment, more regulation and more artificial intelligence defining crypto during the last two months of 2023. Source: https://cointelegraph.com/app/public/index.php/news/3-things-crypto-2023-winds-end
Month: October 2023
3 things we might see from crypto as 2023 winds to an end
Don’t be surprised if we see more investment, more regulation and more artificial intelligence defining crypto during the last two months of 2023. Source: https://cointelegraph.com/public/index.php/news/3-things-crypto-2023-winds-end
Oyster Protocol founder gets 4 years jail for $5.5M tax evasion
Amir Bruno Elmaani, the 31-year-old founder of the now-defunct cryptocurrency scheme Oyster Protocol has been handed the maximum sentence of four years in prison for tax evasion. The United States Attorney’s Office said on Oct. 31 that Elmaani — also known by the alias “Bruno Block” — was sentenced to prison following his April 6 guilty plea where he admitted…
CFTC pays whistleblowers $16M this year for mostly crypto tips
Two of the CFTC’s crypto tipsters scored $15 million alone which brought successful enforcement cases for the regulator. Source: https://cointelegraph.com/public/index.php/news/cftc-pays-whistleblowers-millions-for-crypto-tips
Invesco and Galaxy’s joint spot Bitcoin ETF added to DTCC’s site
The ticker for Invesco and Galaxy’s spot Bitcoin (BTC) exchange-traded fund (ETF) — BTCO — has appeared on the Depository Trust and Clearing Corporation’s (DTCC) website. Invesco’s Galaxy spot Bitcoin ETF product is listed on the DTCC’s site. Source: DTCC According to web archiver WayBack Machine, no listing under the ticker BTCO was present on Oct. 25 — meaning that…
CFTC pays whistleblowers $16M this year for mostly crypto tips
Two of the CFTC’s crypto tipsters scored $15 million alone which brought successful enforcement cases for the regulator. Source: https://cointelegraph.com/app/public/index.php/news/cftc-pays-whistleblowers-millions-for-crypto-tips
CFTC pays whistleblowers $16M this year for mostly crypto tips
The United States commodities regulator has paid $16 million this year to whistleblowers who gave information leading to successful enforcement actions with a majority of the tips involving crypto. In an Oct. 31 statement, Commodity Futures Trading Commission (CFTC) commissioner Christy Goldsmith Romero said most of the tips received this year involved crypto which she claimed was “an area that…
3 things we might see from crypto as 2023 winds to an end
As the holiday season approaches, anticipation in the cryptocurrency world heightens for the annual phenomenon known as the “Santa rally.” Amidst this festive period, market dynamics tend to shift. This season, there are several factors that could influence the last few months of the year. Institutional investment surge Cryptocurrency prices spiked notably at the end of 2020 and 2021, driven…
Are Bitcoin ETFs headed for one epic Gensler ‘rugpull?’ Analysts weigh in
While unlikely, Bloomberg’s ETF analysts conceded there’s always a possibility that SEC Chair Gary Gensler could be waiting until the last moment to deny the fl… Source: https://cointelegraph.com/app/public/index.php/news/bitcoin-spot-etf-deny-rug-pull-gary-gensler-sec-bloomberg-analysts
GAO finds controversial SEC guidance is subject to congressional oversight
United States Senator Cynthia Lummis has scored another one for crypto with a Government Accountability Office (GAO) decision issued on Oct. 31. The GAO found that Securities and Exchange Commission (SEC) Staff Accounting Bulletin 121 should be subject to congressional review. That bulletin, issued in March 2022, has been a source of ire for many pro-crypto lawmakers. The GAO was…