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Commonwealth Bank of Australia Launches Bitcoin ETF To 17million Customers

Key Highlights Commonwealth Bank Makes Bitcoin ETF Official Commonwealth Bank of Australia (CBA) has launched the Monochrome Bitcoin ETF (IBTC). Allowing 17 million customers to invest in Bitcoin through a regulated framework. The ETF, managed by Monochrome Asset Management, was…

SEC’s Crypto Rule Gets Targeted By Lawmakers Amid Budget Cuts

Key Highlights: Debate on New Bill U.S. House lawmakers will debate a bill that limits the SEC’s Crypto Rule over SAB 121. This discussion is set to address several key financial regulations and introduce significant changes in the oversight of…

ICBC, World’s Largest Bank Praises Ethereum After Crossing the Key Support.

Key Highlights: ICBC Bank on Ethereum’s Growth The Industrial & Commercial Bank of China (ICBC), the world’s largest bank, has commended Ethereum. ICBC Bank called Ethereum the “digital oil” of the future. Thus this recognition underscores Ethereum’s vital role in…

Ricardo Salinas Mexican Billionaire Advocates For Bitcoin as Inflation Hedge

Key Highlights: Ricardo Salinas, Mexico’s third richest man, has publicly supported Bitcoin as a reserve asset. Using social media platforms, he endorsed Bitcoin as a shield against inflation. Salinas highlighted inflation as a hidden tax on fiat money, urging his…

The SEC Closed in Salt Lake City Struggling with a Crypto Case

Key Highlights: The SEC (US Securities and Exchange Commission) is set to close its regional office in Salt Lake City. This decision stems from its ongoing crackdown on the crypto industry and unfavorable case outcomes. SEC cited “significant attrition” as…

Cristiano Ronaldo NFT 4th Collection Launches in Collaboration with Binance

Key Highlights: Cristiano Ronaldo NFT 4th collection has been announced in collaboration with Binance. This new collection will launch on May 29, celebrating Ronaldo’s illustrious career by showcasing highlights and memorable moments. Fans of the football superstar can look forward…

Oklahoma Senate Approves Tax Exemption for the Bitcoin Miners

Key Highlights: Oklahoma Senate Passes House Bill 1600 The Oklahoma Senate has approved House Bill 1600, offering tax exemptions to Bitcoin and crypto mining. The bill passed the Senate on May 30 with a vote of 29 to 15 and…

Polkadot to Introduce Smart Contracts: Boosting the Blockchain Potential

Key Highlights: Major Funding for Smart Contracts The Polkadot Governance Community has approved a substantial $600,000 investment for Pop Network’s R0GUE team. This funding is directed toward developing smart contracts that will utilize Polkadot’s native DOT token. Smart contracts, digital…

Ripple CEO Denies Securities Status for ETH and XRP

Key Highlights: Brad Garlinghouse asserts Ethereum and XRP are not securities amidst SEC scrutiny. Ripple CEO Brad Garlinghouse lends his support to Ethereum amid a heightened SEC investigation into whether specific ETH transactions are classified as securities. Garlinghouse’s endorsement follows…

Kenya’s Pursuit of Binance Executive Linked to Tax Evasion Drama in Nigeria

Key Highlights In the ongoing legal saga between Binance and Nigeria. Kenya’s authorities are poised to extradite Nadeem Anjarwalla, a Binance executive sought by Nigerian authorities. Despite facing significant challenges, including two postponed court proceedings, Kenya is moving forward with…