Invesco and Galaxy’s joint spot Bitcoin ETF added to DTCC’s site
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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…

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CFTC pays whistleblowers $16M this year for mostly crypto tips
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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…

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3 things we might see from crypto as 2023 winds to an end
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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…

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GAO finds controversial SEC guidance is subject to congressional oversight
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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…

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