Business
The payments giant is now registered with the UK’s Financial Conduct Authority but still faces a number of restrictions.
Bitcoin
The contracts are now available for eligible customers after regulatory approval in August.
The lofty target is based on optimism that spot bitcoin ETFs could receive SEC approval early next year.
Jane Street and Jump Trading are among the prominent trading firms offering to provide liquidity for the fund, according to a CoinDesk report.
The USDT stablecoin issuer released its audited third-quarter attestation report, which showed $3.2 billion in excess reserves.
Regulation
The U.S. Government Accountability Office took issue with the SEC’s Staff Accounting Bulletin 121 which contained controversial guidance for firms with crypto assets on their balance sheet.
The Starknet Foundation has started allocating STRK tokens to early contributors to the network, although these tokens won’t trade until early next year.
The Etherscan-powered block explorer instance SnowTrace will be discontinued on Nov. 30 after running for two years.
New CoinShares data shows that inflows hit the highest weekly level since July 2022, driven by spot bitcoin ETF optimism.
The blockchain gaming giant and Saudi Arabian investment fund will collaborate on Web3 initiatives.
