UK’s Travel Rule comes into effect, could halt certain crypto transfers

[ad_1] Cryptoasset businesses in the United Kingdom could now begin withholding certain crypto transfers to comply with the new Travel Rule for crypto that came into effect on Sept. 1. The rules targeting virtual asset service providers were first introduced by the Financial Conduct Authority on Aug. 17, and see to it that VASPs based in … Read more

Bitcoin traders wipe Grayscale gains after SEC delays spot ETF decisions

[ad_1] In less than a day, Bitcoin (BTC) has shed nearly all the gains it made from Grayscale Investment’s court victory against the United States Securities regulator. On Aug. 29 Bitcoin popped to a two-week high after a judge ruled that the Securities and Exchange Commission was “arbitrary and capricious” when it rejected Grayscale’s spot … Read more

Asia Express – Cointelegraph Magazine

[ad_1] Our weekly roundup of news from East Asia curates the industry’s most important developments. Thailand’s crypto UBI Thailand may soon have a national airdrop in the works where every citizen 16 years and older will receive 10,000 Baht ($285).  According to local news reports on August 30, Thailand’s ruling Pheu Thai party will consult … Read more

BlackRock’s Bitcoin ETF the 7th application delayed by SEC on Aug. 31

[ad_1] The United States Securities and Exchange Commission (SEC) has delayed an application for a Bitcoin (BTC) exchange-traded fund from global asset manager BlackRock. BlackRock, a firm with more than $8.5 trillion in assets under management, had a decision on its iShares Bitcoin Trust delayed following an application with the SEC. In June, BlackRock lodged an … Read more

SEC delays decision on spot Bitcoin ETF applications from WisdomTree, Invesco and Valkyrie

[ad_1] The United States Securities and Exchange Commission (SEC) has postponed its decisions on three applications for spot Bitcoin exchange-traded funds (ETFs).  According to SEC filings dated Aug. 31, the commission has designated a longer period in which it may review spot Bitcoin (BTC) ETF applications from WisdomTree, Invesco and Valkyrie. The SEC will have another 45 … Read more

CME Bitcoin trading volume surpasses Bybit, but is it impacting BTC price?

[ad_1] The Chicago Mercantile Exchange (CME) introduced its Bitcoin (BTC) futures contract in December 2017. This was around the same time that BTC had reached an all-time high of $19,800, but by late 2018 the price had dropped to $3,100. Investors in cryptocurrencies quickly learned that CME derivative contracts allowed them to make bullish bets … Read more

Worldcoin signs up over 9K users in Argentina in a single day despite criticism

[ad_1] Human ID project Worldcoin signed up over 9,500 users in Argentina in a single day in August, setting a record for single-day signups. To achieve this feat, facilitators onboarded participants at an average rate of less than nine seconds per person, according to an Aug. 31 announcement from the project. Argentina is one of … Read more

Guide to Bank Statements | Banking Advice

[ad_1] A bank statement provides an overview of activity in your account over a certain period of time, usually one month. Among other things, going over your bank statement can help you spot fraudulent transactions, find accounting mistakes and monitor expenses. How to Read a Bank Statement  Not every bank statement looks the same. Designs … Read more