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Day: December 26, 2023

  1. Home
  2. 2023
  3. December
  4. 26
  5. Page 3
  • bob
  • 2023-12-26
  • Asia
  • Cryptocurrency Exchanges
  • Cryptocurrency Market Analysis
  • Financial Scams and Security

Mt. Gox Creditors Finally Receive Repayments After a Decade

After a decade-long wait, creditors of the Mt. Gox Bitcoin exchange are finally receiving repayments for their locked-up funds. Recent reports suggest that Mt. Gox has started distributing Japanese Yen refunds through PayPal. This comes after the exchange hinted at making Bitcoin payouts by the end of 2023.Mt. Gox’s collapse in 2014, resulting in the […]

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  • bob
  • 2023-12-26
  • Cryptocurrency Exchanges
  • Investment Insights
  • Regulatory Developments
  • World

BlackRock’s Bitcoin ETF Faces Uncertainty with Third-Party Agent, SEC Approval in Question

BlackRock, the world’s largest asset management firm, has made an amendment to its Bitcoin ETF application, appointing a third-party broker known as a ‘Prime Execution Agent’ to handle the buying and selling of Bitcoin on behalf of the fund. However, this move has raised concerns with the Securities and Exchange Commission (SEC), as the role […]

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  • bob
  • 2023-12-26
  • Economic Indicators
  • Europe
  • Investment Insights
  • Market Updates

Mortgage Rates Plummet, Catching Borrowers Off Guard

The interest rates for mortgages have significantly decreased, but many people seem to be unaware of this change. Financial experts have noticed that it can be challenging for individuals to stay informed about the current mortgage market. Earlier this year, homeowners were concerned about high inflation and rising interest rates, which affected the demand for […]

Read More
  • bob
  • 2023-12-26
  • Company News
  • Cryptocurrency Exchanges
  • Mergers and Acquisitions (M&A)
  • North America

FTX Debtors Propose Litigation in Bankruptcy Case Over Acquisition of Stock-Clearing Platform Embed

The debtors of defunct cryptocurrency exchange FTX have proposed separate litigation in the bankruptcy case over acquiring stock-clearing platform Embed. The debtors have reached a proposed settlement with former CEO Sam “SBF” Bankman-Fried regarding the claims asserted against him in the Embed Proceeding. The agreement aims to recover 100% of the value conferred by the […]

Read More
  • bob
  • 2023-12-26
  • Cryptocurrency Market Analysis
  • Investment Insights
  • North America
  • Regulatory Developments

SEC Engages with Bitcoin ETF Applicants, Potential Approval on the Horizon

The US Securities and Exchange Commission (SEC) has set a December 29 deadline for Bitcoin spot ETF applicants to submit final S-1 amendments, indicating a potential move forward in the approval process. The SEC recently held meetings with representatives from seven firms seeking to launch spot Bitcoin ETFs in the coming year, including BlackRock, Grayscale […]

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  • bob
  • 2023-12-26
  • Cryptocurrency Market Analysis
  • Cryptocurrency Regulations
  • Government Policies and Cryptocurrency Adoption
  • North America

Crypto Community Frustrated with SEC Chair’s Lack of Clear Guidelines

Dogecoin co-founder Billy Markus, also known as Shibetoshi Nakamoto, has criticized Gary Gensler, the Chairman of the U.S. Securities and Exchange Commission (SEC), for not providing clear guidelines for the crypto market. Markus accused Gensler of lacking concrete rules and being ineffective in his role. Gensler, in a recent interview, expressed concerns about noncompliance, fraud, […]

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