Bitcoin derivatives metrics reflect traders’ neutral sentiment, but anything can happen
BTC price is caught in the middle of a game of tug-o-war, as evidenced by the fact that pro traders are equally pricing upside and downside risk instruments.
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SEC rejects spot Bitcoin ETF applications from NYDIG and Global X
The New York Digital Investment Group and Global X originally filed applications with the SEC for spot Bitcoin ETF listings in June and August 2021, respectively.
South Korea Elects Crypto-Friendly President Who Vows to Deregulate Digital Asset Industry
South Korean voters have elected a crypto-friendly president. Yoon Suk-yeol of the conservative People Power Party has vowed to deregulate the crypto industry and introduce favorable tax laws for crypto…
Dubai Approves First Law to Regulate Digital Assets, Establishes Regulator to Oversee Crypto Sector
Dubai has adopted its first law to regulate the crypto sector. It has also established a dedicated regulator to oversee crypto activities and related service providers. Crypto Sector Regulated in…
Cornell Professor: Crypto Industry Could Benefit From Biden’s Executive Order, Regulations Provide Legitimacy
A Cornell University economics professor says that President Joe Biden’s executive order on the regulation of cryptocurrency could benefit the industry. “Ultimately what these sorts of regulations provide to the…
FBI director: Russia overestimates its ability to bypass US sanctions using crypto
Christopher Wray cited the FBI's recent work in seizing large amounts of crypto as evidence there were vulnerabilities in using digital assets to get around sanctions.
Republican lawmakers introduce bill targeting China’s CBDC on sanctions, privacy
"This bill holds China accountable as they introduce their new digital currency,” said Senator Bill Cassidy.
Report: Estonian Prime Minister Calls for Restriction of Cryptocurrencies
The Prime Minister of Estonia has said cryptocurrencies must be restricted in order to address loopholes that may be used by sanctioned Russian entities to evade the punitive measures. In…
EU Targets Crypto Assets in Widened Sanctions Against Russia, Belarus
The European Union is extending the scope of sanctions introduced in response to Russia’s invasion of Ukraine, with the latest agreement between member states specifically mentioning crypto assets. Russian oligarchs,…
Regulator in UAE’s Special Economic Zone Unveils Consultation Paper on ‘Crypto Tokens’
The regulatory arm of the United Arab Emirates (UAE)’s special economic zone, the Dubai International Financial Centre (DIFC), has unveiled a consultation paper outlining its proposed regulatory regime for crypto…
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