JPMorgan Named Authorized Participant in BlackRock’s Bitcoin ETF Filing

by Александр Пирогов | Dec 30, 2023 | Blog News

In an unexpected move, BlackRock announced JPMorgan as its Authorized Participant (AP) in their updated ETF filing. This development is surprising given that JPMorgan’s CEO is known for his critical view of Bitcoin. The involvement of a major bank, traditionally...

Legal Perspectives on Digital Assets: UK Law Commission, US Derivative Rules, EU’s MiCA, and China’s Ban

by Александр Пирогов | Dec 30, 2023 | Blog News

2023’S Crypto global regulation perspective : The UK Law Commission considers digital assets as falling within the existing property framework, and it sees smart contracts as operating similarly to traditional contracts, suggesting that English law can accommodate...

Goldman Sachs’ Optimistic About Spot Bitcoin and Ethereum ETF Approval

by Александр Пирогов | Dec 29, 2023 | Blog News

Mathew McDermott, Head of Digital Assets at Goldman Sachs, is optimistic about the potential approval of spot Bitcoin and Ethereum ETFs by the SEC as a pivotal development that will broaden liquidity and attract institutional interest for significant growth in the...

U.S. Prosecutors drops Second Trial for Against FTX Founder Sam Bankman-Fried

by Александр Пирогов | Dec 29, 2023 | Blog News

In a filing on December 29, U.S. prosecutors announced that they will not pursue a second trial for additional charges against former FTX founder Sam Bankman-Fried (SBF). SBF was convicted on November 3 of seven charges of fraud. The prosecutors noted that the charge...

Indonesian Police Shut Down Bitcoin Mining Operations Over Electricity Theft

by Александр Пирогов | Dec 29, 2023 | Blog News

Indonesian police authorities have closed down 10 Bitcoin mining operations, accusing organizers of electricity theft amounting to nearly $1 million. The North Sumatra Police Force confiscated 1,134 Bitcoin mining machines, 11 meters of electrical cable, and computer...

U.S. Congressman Advocates for Firing SEC Chair Gary Gensler in 2024

by Александр Пирогов | Dec 29, 2023 | Blog News

U.S. Congressman Warren Davidson, supported by House Majority Whip Tom Emmer, has advocated for the firing of SEC Chair Gary Gensler in 2024. Davidson attributes his stance to alleged corruption and abuses of power. This comes amid tensions between the SEC and the...