Tag: News

Google Says It Will Remove All News Links in Canada in Response to Online News Act

Google said the decision by Canada exposes the company to “uncapped financial liability.” Google (NASDAQ: GOOGL) is removing all Canada news links from its search due to a new Online News Act. The tech giant said it would block all Canadian news, meaning users will no longer find any report linked to the country on the search engine. The decision was in response to a new law that required tech companies to pay media outlets for content. Last week, the Canadian government’s controversial C-18 legislation in Canada passed parliament despite Google noting…

Hong Kong’s HSBC Allows Customers to Trade Bitcoin, Ether ETFs but That’s Not Really News

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The race for a Bitcoin spot ETF, Wall Street’s new crypto exchange, and other news

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The bid for the first Bitcoin (BTC) spot exchange-traded fund (ETF) in the United States is gaining traction following BlackRock’s recent application, with both former applicants and new players seeking permission from the U.S. Securities and Exchange Commission (SEC) to list a crypto ETF. Although it’s unclear whether the SEC will finally allow a Bitcoin ETF, BlackRock’s initiative appears to have “breathed new life into the race” amid the ongoing crackdown on the crypto industry. Other headline news includes Wall Street titans backing a newly launched crypto exchange despite the…

Bitcoin rallies to highest level in over a month on ETF news

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A Bitcoin ATM, the largest cryptocurrency by market cap that operates free of any central control and that relies on a peer-to-peer software and cryptography, on the BitBase stand during the Mobile World Congress 2023 on March 10, 2023, in Barcelona, Spain. Joan Cros | Nurphoto | Getty Images Bitcoin rose to its highest level in more than a month on Wednesday, as traders got excited about the prospects of a spot bitcoin ETF following a series of recent applications from companies including BlackRock. The price of bitcoin jumped 10%…

The Great Battle of Asset Classification – Blockchain News, Opinion, TV and Jobs

Guest post by Giovanni Populo The SEC has charged two major cryptocurrency exchanges: Binance and Coinbase. A common charge between both exchanges is that they offered unregistered securities on their platforms. 1.1 Security vs. Commodity Securities and commodities are financial assets, differentiated by their features/characteristics, as well as legal rulings that set precedents for future references. While securities represent an investment with an expectation of profit, commodities are basic goods with value derived from their inherent properties and usefulness. A security is a financial asset that represents an investment and has an…

OKX Middle East Receives MVP Preparatory License From VARA in Dubai – Blockchain News, Opinion, TV and Jobs

UAE to serve as strategic global and regional business hub, OKX to expand to 30 staff OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, today announced that OKX Middle East Fintech FZE (OKX Middle East) has received a Minimal Viable Product (MVP) Preparatory license from the Dubai Virtual Assets Regulatory Authority (VARA). The UAE is a key strategic growth and business hub for OKX globally and in the region, and the company plans to scale OKX Middle East’s operations. As part of this effort,…

Toyota Shares React Positively to News of Next-Gen Batteries for Electric Vehicles

Shares of Toyota rose after the company announced next-generation batteries for its electric vehicles and other company plans. Toyota Motor Corp (TYO: 7203) shares rose more than 5% on the Tokyo stock exchange on Tuesday following the company’s EV announcement. Toyota has confirmed that in 2026 it will launch a range of electric vehicles equipped with next-generation batteries. As of press time, the company’s stock is at ￥2,174 after adding ￥105 from its previous close of ￥2,069. The stock has climbed over 6% in the last 5 days, 13% in…

Louis Vuitton’s Soulbound Luxury NFTs, Apple’s Expensive Vision and More Web3 News

C’est bon, Louis Vuitton: French luxury fashion house Louis Vuitton will soon release a new collection of physical-backed NFTs called Via Treasure Trunks, which will be linked to exclusive experiences and products down the line. Consumers based in the U.S., Canada, France, the U.K., Germany, Japan and Australia can register to obtain the exclusive treasure trunks, which will be made available to select customers on June 16. Each NFT will be priced at €39,000 including tax or $39,000 without tax in the U.S. Source

Binance.US Suspends Trading for Several Crypto Pairs Following a Lawsuit Filed by the SEC – Blockchain News, Opinion, TV and Jobs

Binance.US, the US arm of the cryptocurrency exchange Binance, has suspended trading for several crypto pairs and reduced its supported convert trading pairs following a lawsuit filed by the US Securities and Exchange Commission (SEC) against Binance entities and their leadership. The move is seen as a precautionary measure to address potential securities concerns raised by the SEC. This move came after the SEC filed a lawsuit against Binance on June 5, accusing the exchange of offering unregistered securities. The charges include unregistered offers and sales of BNB and BUSD…

SEC’s Move To Sue Top Exchanges Decreases Trading Volumes – Blockchain News, Opinion, TV and Jobs

By Matteo Greco, Research Analyst at the publicly listed digital asset and fintech investment business Fineqia International  BTC closed last week at about $27,000, a 3.5% decrease from the $28,000 price at the end of last week. It dropped to about $25,500 on Monday, slightly moving upwards to $26.394 late Tuesday, after the SEC announced it is suing Binance and Coinbase, the world’s largest crypto exchanges by volume, for trading securities it deemed as being unlicensed in the US. Trading volumes remain at low levels, with BTC on-chain volume decreasing by 13% during May.…