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Scammers Steal $65,000 As YouTube Search Results Recommend Fake Apple Event Video
- The scammer impersonated Apple, taking advantage of the highly anticipated October 18 event by the company.
- No BTC was stolen, but more than 17 Ethereum were swindled out of their three owners.
ProShares BTC ETF to List on NYSE on Tuesday
- Following several years of effort, ProShares will finally be able to list its Bitcoin Strategy ETF on the NYSE under the ticker "BITO".
- Investors in traditional financial markets, who had concerns about investing into BTC, will now have exposure to the largest crypto by market cap.
SEC Likely to Approve First Bitcoin Futures ETF
- "People familiar with the matter" told Bloomberg that we could see the first futures-based BTC ETF in the U.S. starting to trade next week.
- There are currently four futures-based BTC ETF applications that are approaching their SEC decision deadlines, with experts predicting ProShares proposal was the most likely to pass.
Voyager Digital Receives European Trading License
- Autorité des marchés financiers and Autorité de contrôle prudentiel et de résolution have agree that Voyager is "fit and proper" to operate in Europe.
- Voyager expects to launch its trading app in Europe in Q1 2022, and facilitate the trading of 60 digital assets.
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SEBA Bank Enables Users to Earn Yields on Crypto
- The new SEBA Earn product will enable customers to earn yields from proof-of-stake protocols such as Polkadot, Tezos and Cardano.
- Institutions will also have access to DeFi programs, in addition to centralized lending and borrowing of BTC and ETH.
Circle Under SEC Investigation
- The investigation was revealed in a filing part of Circle's plans to go public through a merger with Concord Acquisition Corp, which valued the company at $4.5 billion.
- The SEC subpoenaed Circle back in July, requesting a number of documents connected to some of the company's holdings, programs, and operations.
Upbit to Restrict Trading of Unverified Users
- From 6 October, Upbit users that have not undergone AML verification will only be able to execute trades lower than $850.
- A week later the exchange will stop trading services as well as deposits and withdrawals for existing customers that have not verified their account.
AdoptionU.S. Securities and Exchange Commission building exterior in Washington DC, USA on 25 June 2018. Shutterstock
SEC Delays Decision on 4 BTC ETFs by 45 Days.
- The ETF review period has been extended for Global X Bitcoin Trust, Valkyrie XBTO Bitcoin Futures Fund, Kryptoin Bitcoin ETF, and WisdomTree Bitcoin Trist.
- While the U.S. SEC has yet to approve a single BTC ETF, more and more financial institutions have started posting applications.
Independent Reserve and DBS Acquire MAS’ License
- By acquiring the Monetary Authority of Singapore's Major Payment Institution license, both companies can now offer digital payment token services in the country.
- Both Independent Reserve and DBS Vickers were granted an in-principal approval by the MAS back in August.
SEBA Bank Grabs Another FINMA License
- The newly acquired CISA license will enable SEBA to offer its professional clients more crypto-based investment opportunities.
- SEBA can now facilitate an institutional-grade custodian service for Swiss-native collective investment schemes.
Kraken Ordered to Pay $1.25 Million Fine to CFTC
- The CFTC said Kraken illegally enabled margined retail commodity transactions between June 2020 and July 2021.
- The exchange said it collaborated with the CFTC on the investigation and was committed to working with other regulators.
ExchangesSam Bankman-Fried, CEO of FTX, speaking at the Binance Blockchain Week 2019 event in Singapore, held from 19 - 22 January. Binance
FTX Exchange Launches Subsidiary in The Bahamas
- FTX Digital Markets has been registered with the Securities and Exchange Commission of the Bahamas.
- The company plans on using the Bahamas as a jumping board for launching in other jurisdictions.
Coinbase Files Application to Offer Crypto Derivatives and Futures
- Coinbase's application to register as a futures commission merchant with the NFA is currently pending.
- The exchange wants to tap into the derivatives market and become less dependent on spot trading.
Crypto Fund Manager Sentenced to 7.5 Years in Prison
- The Australian national embezzled almost $55 million in investor funds for personal gain.
- He ran and operated the Virgil Sigma Fund and VRQ Multistrategy Fund in New York from 2017 to 2020.