Former SEC Chair Jay Clayton Believes Approval of Spot Bitcoin ETF is Inevitable

by Александр Пирогов | Jan 8, 2024 | Blog News

Jay Clayton, the former chair of the United States Securities and Exchange Commission (SEC), expressed his belief that the approval of a spot Bitcoin exchange-traded fund (ETF) is inevitable. During an appearance on Squawk Box, Clayton noted that there’s...

Bitcoin Surpasses $47,000 Amidst Anticipation of SEC’s Spot Bitcoin ETF Approval

by Александр Пирогов | Jan 8, 2024 | Blog News

Bitcoin’s price has exceeded $47,000 for the first time since April 2022, marking a significant surge as the United States Securities and Exchange Commission (SEC) approaches the deadline for potential approval of spot Bitcoin exchange-traded funds (ETFs). The...

Upbit Singapore Secures Major Payment Institution License from Monetary Authority of Singapore

by Александр Пирогов | Jan 6, 2024 | Blog News

Upbit Singapore, a subsidiary of South Korea’s leading crypto exchange Upbit, has announced the acquisition of a Major Payment Institution License from the Monetary Authority of Singapore (MAS). This achievement follows the in-principle approval received in...

US Bitcoin ETF Approval Edges Closer as Key Players Submit Final Documents

by Александр Пирогов | Jan 6, 2024 | Blog News

The much-anticipated approval of a Bitcoin Exchange-Traded Fund (ETF) in the United States is nearing fruition, as major players such as BlackRock, Grayscale, and 21Shares have submitted crucial 19b-4 amendments in response to the Securities and Exchange...

Nigerian Crypto Sector Reacts to Central Bank Approval of cNGN Stablecoin Project

by Александр Пирогов | Jan 6, 2024 | Blog News

Companies in Nigeria’s cryptocurrency sector are responding to the Central Bank of Nigeria’s (CBN) approval of the cNGN stablecoin project. Nigerian banks and fintechs, part of the Africa Stablecoin Consortium (ASC), introduced cNGN in December, aiming to...

Próspera ZEDE Special Economic Zone in Honduras Officially Recognizes Bitcoin as a Unit of Account

by Александр Пирогов | Jan 6, 2024 | Blog News

Próspera ZEDE, the special economic zone in Honduras, has formally acknowledged Bitcoin (BTC) as a legitimate unit of account. The recognition covers various commercial, tax, and financial transactions within the zone. The announcement, made by Jorge Colindres, acting...