DeFi News Official TheBitTimes.com

The latest delays came two weeks before the second deadline for many applicants. Despite United States Representatives Mike Flood, Wiley Nickel, Tom Emmer and Ritchie Torres calling on the Securities and Exchange Commission (SEC) to immediately approve the listing of spot Bitcoin (BTC) exchange-traded funds (ETFs), the agency once again delay ed its decision .  When it comes to spot Ether (ETH) ETFs from VanEck and ARK 21Shares, the SEC delay ed making decision s until Dec. 25 and Jan. 10, respectively, while GlobalX will have to wait until Nov. 21 for the commission’s decision . It also delay ed deciding on the spot Bitcoin ETF applications of Invesco, Bitwise and Valkyrie until mid-January. The latest delays came two weeks earlier than the scheduled second deadline date for many applicants, who had been expecting to hear from the securities regulator by Oct. 16–19. The timing of the delays may have been related to the narrowly avoided U.S. government shutdown, which would have disr...

Several link crypto currencies to illegal activities due to their pseudonymous nature and potential for abuse. Individuals can utilize these digital assets for purposes such as money laundering and unauthorized transactions. Procurement of illegal goods and services on the dark web is also on this list. However, it’s important to note that these activities represent a small fraction of the overall crypto transaction volume. Recent headlines have also highlighted cases of bribery involving these digital assets. Consequently, the Taiwan government is implementing measures to eliminate the potential for such incidents ahead of the 2024 elections. According to data, Taiwan has documented bribery cases exceeding 1.254 billion yuan from the end of 2000 until May 2023. It is estimated that nearly 50 million yuan was distributed as part of the nine-in-one election [municipal elections] bonus last year. The Supreme Prosecutor’s Office has reported that they have prosecuted a tota...