Bitcoin, Ethereum combo fund to lead ‘wave’ of crypto ETFs in 2025: Analysts
Bloomberg ETF analysts Eric Balchunas and James Seyffart expect Litecoin and Hedera will also get spot ETFs, but aren’t convinced there’ll be much demand for them.
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Taiwan watchdog FSC to assume authority on crypto regulation
Taiwanese lawmakers reportedly expect to finalize a crypto regulatory framework by the end of March or April at the earliest. Own this piece of history Collect this article as an NFTThe Financial Supervisory Commission (FSC) of Taiwan will become the main regulator of cryptocurrencies in the island country, according to the head of the authority.FSC…
MakerDAO increases DAI yield in a bid to boost demand
The Enhanced Dai Savings Rate is based on DSR utilization and could boost the stablecoin yield by as much as 8%. 58 Total views 1 Total shares A proposal seeking to temporarily increase the interest rate granted to holders of stablecoin Dai (DAI) was approved by the MakerDAO community on July 27, raising yields for tokenholders…
United States CFTC Cements Parameters for Physical Delivery of Traded Crypto
The U.S. Commodity Futures Trading Commission, or CFTC, has publicized clarity on physical digital asset delivery as it applies to traded market products. “The Commodity Futures Trading Commission today announced the Commission voted unanimously to approve final interpretive guidance concerning retail commodity transactions involving certain digital assets,” the Commission said in a statement provided to Cointelegraph,…
Bitcoin price sheds $1K in 3 minutes as US CPI inflation overshoots
Bitcoin's 4% losses swiftly ensue as inflation fails to cool as quickly as hoped for, resulting in a wave of sell-offs for the crypto market. 1712 Total views 12 Total shares Bitcoin (BTC) crashed below $22,000 instantly on Sep. 13 after United States inflation data failed to meet estimates. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCPI…
Japanese startup to use stablecoins and CBDC to link Asian countries
Soramitsu is developing a cross-border payment system that uses Cambodia’s CBDCs and targets Japan, India, China and Southeast Asia. 65 Total views 1 Total shares Japanese blockchain startup Soramitsu is exploring new central bank digital currency (CBDC) applications with a new project on the cross-border payment system for Asian countries.Soramitsu will deploy Cambodia's CBDC and…
US Commodity Futures Trading Commission Rehires Advisor From Coinbase
The United States Commodity Futures Trading Commission (CFTC) has announced that it is hiring Andrew L. Ridenour as senior counsel to the chairman. Up until recently, Ridenour worked at the major cryptocurrency exchange Coinbase.CFTC Chairman Tarbert unveiled Ridenour and others as new hires on July 17, commenting that the “counsel and expertise of my team…
Australia’s eSafety Commissioner touts blockchain as a solution to trolls
Australia’s eSafety Commissioner has suggested blockchain-based digital IDs as a potential solution to fight online abuse and trolling. 744 Total views 10 Total shares Australia’s eSafety Commissioner Julie Inman Grant has suggested a blockchain-powered ID solution could help tackle cyber abuse and trolling while allowing users to maintain a level of anonymity.Speaking to New South…
US Federal Reserve Launching Payment System, Crypto Bulls Nonplussed
The United States Federal Reserve Board is planning to release a real-time payments and settlements service in order to boost the payments infrastructure in the country.A press release published on Aug. 5 reads that the Board of Governors of the Federal Reserve System has requested that Federal Reserve Banks develop a new interbank real-time settlement…