Nasdaq asks to list options on spot Ethereum ETFs — Filing
Exchanges are still waiting on permission to list options on spot Bitcoin ETFs, too.
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Bitcoin to hit $100K in 2024? Canaan VP weighs up 2024 halving opportunities
Canaan vice president Davis Hui believes a supply deficit following the next Bitcoin halving will drive its price past $100,000. 624 Total views 2 Total shares Executives from prominent mining and manufacturing firms believe market forces resulting from the fourth Bitcoin halving scheduled in 2024 could force the price of Bitcoin (BTC) past $100,000.Magazine editor

Cosmos announces launch of new blockchain, Sagan
The project teased the release of the blockchain in a video message with a quote from famous astronomer Carl Sagan and a picture of a canary among the stars. 2042 Total views 5 Total shares The Cosmos cross-chain network is building a new blockchain aimed at allowing developers to experiment with different protocols.In its quarterly…

Law Decoded: Transformations in crypto exchanges and traditional institutions, Sept. 18-25
Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law.Editor’s noteThe final scene of Animal Farm, Orwell’s classic fable of revolution gone wrong and a staple of secondary-school reading lists throughout the English-speaking world, features a card game. The pigs who run the farm with an…

Visa’s foray into fintech provokes DoJ antitrust investigation
U.S. authorities want information from Bain & Co about Visa's Plaid acquisition. 574 Total views 7 Total shares The U.S. Department of Justice, or DoJ, recently publicized an investigation into Visa's ongoing acquisition of fintech company Plaid. "Today, the Department of Justice filed a petition in the U.S. District Court for the District of Massachusetts to…

Crypto is too big to exist outside of public policies, warns SEC chair
SEC boss Gary Gensler believes crypto assets need to act within a public policy framework to survive over the long term. 765 Total views 43 Total shares Crypto assets will not last long outside of a public policy framework because “finance is about trust,” warns Gary Gensler, the chair of the United States Securities and…

Terra peg mechanism in doubt as UST crashes to 67 cents
The third-largest stablecoin by market cap Terra USD (UST) appears to be in a catastrophic tailspin which has seen it de-peg from the dollar and drop to as low as $0.67 on May 10.As its price has fallen, so has its market capitalization along with that of Terra (LUNA) which backs the majority of the…

Saudi Arabia looks to blockchain gaming and Web3 to diversify economy
Saudi Arabia has ramped up its economic diversification efforts driven by its ambitious Vision 2030. In a bid to diversify its economy away from a dependence on oil, the kingdom has embraced emerging technologies, such as blockchain and artificial intelligence (AI), and tapped into booming markets like gaming.But while the country has yet to leave a

US Gov’t Extradites Alleged Fraudster for Selling Fake Securities for $11M in BTC
The United States has extradited a Swedish national from Thailand for allegedly selling fraudulent securities to investors online, garnering over $11 million worth of Bitcoin (BTC).Per a press release from the U.S. Department of Justice (DoJ) published on Nov. 18, Roger Nils-Jonas Karlsson is on his way to the U.S. to stand trial on behalf…