
The Securities and Exchange Commission (SEC) acknowledged a request by Cboe to list 21Shares XRP ETF and approved the NYSE request to trade Bitwise Bitcoin and Ethereum ETF. The SEC is battling against several entities including extending the deadline for a petition response to Coinbase and backlash from U.S. Judges demanding an explanation for rebuffed crypto rules. In other news, there's been considerable demand and request for investigations into Trump meme coins while Coinbase continues their push for greater transparency filing dual FOIA requests amid allegations of the SEC and FDIC blocking document requests.
Bitcoin has seen spot demand explode with forecasts predicting it hitting $98,000 with the risk of a growing supply still holding high. Request Coin continues to make waves in the industry with its acquisition of Consola to create a versatile platform that integrates crypto and fiat finance. Michael Saylor has also posited that the demand for Bitcoin Products is significantly higher than the supply. Several companies and entities, including Grayscale and Nasdaq, are looking to create crypto ETFs, although delays and rebuttals from the SEC still pose challenges.
There has been news of Binance coming under scrutiny for seizing Palestinian crypto funds and freezing Hamas linked accounts after an Israeli request. The regulator failed in its attempt to freeze Binance.US assets for now. On a different note, Miami Mayor Francis Suarez becomes the first U.S. politician to request his salary in Bitcoin, marking a significant step towards crypto acceptance.
Request Coin News Analytics from Mon, 30 Oct 2017 14:10:19 GMT to Tue, 18 Feb 2025 08:00:00 GMT - Rating 6 - Innovation 3 - Information 6 - Rumor -1