by Theresa Joy Lacatan | Jul 10, 2024 | Blog News, Crypto News
The long-anticipated approval of spot Ethereum exchange-traded funds (ETFs) in the United States appears imminent, with several recent developments indicating that these investment products could launch as early as this month. On 8 July, 2024, Katherine Dowling, chief...
by Theresa Joy Lacatan | Jul 10, 2024 | Blog News, Crypto News
On 8 July, 2024, Artur Schaback, co-founder and former chief technology officer of Paxful Inc., pleaded guilty to conspiracy to operate a crypto exchange platform without effective anti-money laundering (AML) policies. Schaback, 36, from Tallinn, Estonia, admitted to...
by Theresa Joy Lacatan | Jul 10, 2024 | Blog News, Crypto News
According to Bloomberg, Blockchain-focused asset manager DigitalX has secured regulatory approval to launch its spot Bitcoin exchange-traded fund (ETF), making it the second Bitcoin ETF to trade on the Australian Securities Exchange (ASX). The DigitalX Bitcoin ETF,...
by Theresa Joy Lacatan | Jul 10, 2024 | Blog News, Crypto News
In a move aimed at enhancing efficiency and transparency in commercial operations, Dubai Customs has announced the launch of its blockchain platform. This secure and efficient digital network is set to revolutionize trade processes within Dubai and across...
by Theresa Joy Lacatan | Jul 9, 2024 | Blog News, Crypto News
On 5 June, 2024, North Carolina Governor Roy Cooper vetoed a bill that would have prohibited the state from implementing a US Federal Reserve-issued central bank digital currency (CBDC). Despite receiving near-unanimous support in the state’s House of...
by Theresa Joy Lacatan | Jul 9, 2024 | Blog News, Crypto News
In a recent development, the Russian Central Bank announced on Thursday that it will accelerate and expand its digital ruble project, with the next phase set to commence on September 1, 2024. First Deputy Governor Olga Skorobogatova revealed that a substantial number...