The SEC’s previous rejections of a Bitcoin spot ETF raise concern over BlackRock filing June 20, 2023 Susie Violet Ward pays close attention to BlackRock's ETF filing, but ponders the wider geopolitical ramifications it may trigger.
Bitcoin and Ethereum continue to trend upward on fresh investor optimism June 20, 2023 The price of Bitcoin is inching its way closer to $27,000 as it trades around the $26.8k level this morning, up three per cent on yesterday.
Crypto AM SPOTLIGHT: A closer look at eTukTuk – CityAM June 20, 2023 EVs are the next epoch in transportation’s evolution, but there are significant barriers to adoption across the globe: a lack of efficient, accessible charging infrastructure and the unaffordable high purchase price of vehicles. At a pivotal moment in history when the critical need for EV adoption coincides with necessary equitable financial solutions, one company has [...]
Andreessen Horowitz leads $19m injection into London ‘voice AI’ firm June 20, 2023 Heavyweight Silicon Valley investor Andreessen Horowitz (a16z) has led a $19m funding injection into London-based AI firm ElevenLabs to help accelerate a new wave of “voice AI research”, the firm announced today.
Bitcoin supply on exchanges hits three-year low, as BlackRock files for spot Bitcoin ETF June 19, 2023 Data from CryptoCompare shows that the price of the flagship cryptocurrency Bitcoin (BTC) started the week with a drop from around $26,000.
IMF working on global platform for exchange of CBDCs to avoid economic fragmentation June 19, 2023 The International Monetary Fund (IMF) is working on a platform to enable countries to transfer transactions between central bank digital currencies (CBDCs) from different countries. According to Reuters, managing director Kristalina Georgiva said “CBDCs should not be fragmented national propositions…To have more efficient and fairer transactions we need systems that connect countries: we need interoperability.” [...]
Crypto: FCA cannot ignore ‘harms that exist’ in market as new rules come into force June 19, 2023 The Financial Conduct Authority’s (FCA) crypto lead Matthew Long said regulators could not ignore “the harms that exist” in the market as new rules come into force. Speaking at London FinTech Week, Long said regulators around the world needed to be vigilant of the risks that the crypto sector poses to consumers. He said “opportunities [...]
Bitcoin and Ethereum take a breather after a busy week for crypto markets June 19, 2023 Bitcoin is sitting comfortably above $26k, while Ethereum’s Ether is trading in line and hovering around $1.7k this morning.
There’s no time for us to dither on creating sensible rules for artificial intelligence tech June 19, 2023 From artificial intelligence to fintech, we must go further. Competition is fierce, so we need flexible but strong rules to ensure innovative companies can prosper in the UK in both fields, writes Nicholas Lyons
It’s time to think global on regulating crypto June 18, 2023 For crypto regulation to be taken seriously, we can’t just transplant the rules of the old system onto a new one, says Temple Melville.