US regulators deny blocking AI chip exports to Middle East
The United States Department of Commerce said on Aug. 31 that the Biden administration has “not blocked chip sales to the Middle East,” according to...
Bitwise withdraws Bitcoin and Ether Market Cap ETF application
In an unexpected turn of events, Bitwise submitted a request to retract its application for its Bitcoin and Ether Market Cap Weight Strategy exchange-traded fund...
SEC delays decision on 6 spot Bitcoin ETF applications
The United States Securities and Exchange Commission (SEC) has postponed its decisions on six applications for spot Bitcoin exchange-traded funds (ETFs). According to SEC filings dated Aug....
Binance launches invite-only Web3 community dubbed ColLabs
Binance Labs, the venture capital and incubator arm crypto exchange Binance, announced ColLabs today. The invite-only channel will bring together a Web3 investment and financing...
China’s Baidu and other tech companies release ChatGPT-like AI chatbots
Four China-based tech companies launched their own artificial intelligence (AI) chatbots on Aug. 30 for public use after receiving approval from the Chinese government.Baidu, Baichuan...
MiCA: The good, the bad and the ugly of the EU’s crypto rules
While United States regulators such as Securities and Exchange Commission Chair Gary Gensler make bad-faith claims that “there’s been clarity for years” when it comes...
South Korean parliament rejects motion to expel lawmaker over crypto scandal
South Korea’s parliamentary ethics subcommittee has voted down a motion to expel Kim Nam-kuk, a former member of the main opposition Democratic Party.A parliamentary ethics...
SEC’s first deadlines to approve 7 Bitcoin ETFs coming over the next week
The United States Securities and Exchange Commission is facing its first deadlines to decide on seven new Bitcoin (BTC) spot exchange-traded fund applications with the...
Grayscale wins the court battle, but what does this mean for a spot Bitcoin ETF?
A federal judge has overturned the United States Securities and Exchange Commission’s decision to deny an exchange-traded fund (ETF) offering from Grayscale Investments through its...
Bitcoin remains the focus as outflows hit March highs
Digital assets investment products saw outflows of $168 million last week, $146 million of which was for Bitcoin. It’s the largest weekly outflows total since...