Crypto
ETF
SEC met with Grayscale and seven other spot Bitcoin ETF applicants in late November
The Commission has seen back-to-back meetings with a long line of industry figures seeking its approval for a spot Bitcoin ETF.
Crime
Spain detains man who helped Ethereum developer Virgil Griffith enter North Korea
The accused faces charges of sanctions violations and extradition to the U.S.
Legal
Kraken legal chief dismisses SEC charges as ‘hollow,’ citing Ripple victory
Marco Santori said the SEC's allegations were "made up by the agency," signaling confidence going into the legal battle ahead.
ETF
SEC meets with Hashdex to discuss its Bitcoin ETF proposal
Hashdex has proposed a unique ETF model that sources Bitcoin positions from within CME's markets, isolated from unregulated trading.
Crypto
SEC opens comment period for Fidelity’s proposed Ethereum ETF
The SEC has put out the call for public comments on Fidelity's proposed spot Ethereum ETF with a decision possible by March 2024.
Crypto
Ethereum wallet thought to belong to Su Zhu moves nearly $30k
An Ethereum address labeled "suzhu.eth," believed to be authentic, has moved funds for the first time since the 3AC founder's arrest.
Stablecoins
Binance to fully phase out BUSD by end of December
Binance is preparing its users for the end of BUSD and the transition to FDUSD.
ETF
Swiss asset manager Pando Asset joins list of spot Bitcoin ETF applicants
Despite a competitive market, Pando Asset aims to establish a spot Bitcoin ETF with BNY Mellon and Coinbase as partner institutions.
Legal
Jump Crypto allowed to submit certain info confidentially in SEC’s case against Terraform Labs
Though it has not alleged any wrongdoing, the SEC believes that the firm's involvement was instrumental in the collapse of Terra's UST stablecoin in May 2022.
Mining
Decentralized Bitcoin mining pool OCEAN raises over $6M in seed funding
The funding round was led by Twitter founder Jack Dorsey, whose work has increasingly engaged in web3 in recent years.
AI
Amazon Web Services introduces AI chatbot ‘Q’ and two new AI chips
As AWS introduces the Q chatbot to enhance workplace efficiency, it is also challenging chip giants with Graviton4 and Trainium2.
CBDCs
Standard Chartered to offer support for China’s digital yuan
Based in the UK, Standard Chartered describes itself as an international bank that has been rooted in the Chinese market for over a century.