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SEC Stands Firm on Cash Redemption Model for Bitcoin ETFs, Invesco and Galaxy Comply
As Bitcoin exchange-traded fund (ETF) issuers work on their filings with the United States Securities and Exchange Commission (SEC), the regulator is standing firm in its demand for a “cash” redemption model instead of alternatives proposed by issuers like BlackRock. On December 14, finance lawyer Scott Johnsson revealed that ETF applicants Invesco and Galaxy have now adopted a cash creation and redemption model for their ETFs. Their updated S-1 filing with the SEC stated, “The trust expects that creation and redemption transactions will take place initially in cash.” The SEC has been advocating for a cash redemption model for spot
Ripple Explains the ‘Exciting’ $5 Trillion Potential of CBDCs
Dive into Ripple’s latest report for an extensive analysis of how CBDCs are shaping the future of global finance and the digitization of economies.
Ripple issues white paper on CBDCs, reiterates belief in their potential
Ripple is actively engaged in CBDC collaborations in Bhutan, Palau, Montenegro, Colombia and Hong Kong, as well as working in partnership with more than 20 central banks globally on CBDC initiatives.
Stop Ignoring the SEC’s Malfeasance on Crypto
Securities and Exchange Commission (SEC) Chairmen of both parties, Jay Clayton and Gary Gensler, have asserted regulatory power over digital assets and blockchain. They pursued a ruinous “regula
Delta’s new Airbus A321neo is compatible with AirPods
A TikToker has discovered that Delta’s newest plane lets you directly connect your AirPods — or any Bluetooth headphones — to the in-flight entertainment system.
U.S. SEC Denies Coinbase’s Push for Crypto Regulations as ‘Unwarranted’
The U.S. exchange had formally petitioned the agency to start writing comprehensive crypto rules, but after “careful” consideration, the SEC said no.
Francesca Danieli (The J. Paul Getty Museum Collection)
Francesca Danieli (American)
Propy Price: PRO Live Price Chart & News | CoinGecko
Track the latest Propy price, market cap, trading volume, news and more with CoinGecko’s live PRO price chart and popular cryptocurrency price tracker.
Billion-Dollar Bank Sending $5,000,000 to Customers After Illegally Harvesting Millions in Fees: CFPB - The Daily Hodl
A US bank with $20.5 billion in assets, loans, and deposits will send at least $5 million to thousands of customers for allegedly harvesting millions of dollars in illegal overdraft fees.