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First Trust files for Bitcoin ‘Buffer ETF’ with SEC

Asset manager First Trust has filed for a Bitcoin buffer ETF with the SEC, intending to help investors mitigate risk by targeting downside protection.

Ripple issues white paper on CBDCs, reiterates belief in their potential

The white paper states that CBDCs help expand financial inclusion, streamlining cross-border payments and reinforcing monetary policy control.

Brazil signs overseas crypto tax bill into law

Under the new rules, Brazilian citizens will pay the state up to 15% of their crypto profits.

US financial regulators’ annual report warns of AI risks

According to the report, specific AI tools are highly technical and complex, posing challenges for institutions to explain or monitor them effectively.

Even the Pope has something to say about artificial intelligence

The explosion of artificial intelligence hasn’t escaped the Vatican, with Pope Francis warning of its dangers in a hefty 3,400-word letter ahead of the World Day of Peace on Jan. 1.

SafeMoon falls 31% in five hours after filing for Chapter 7 bankruptcy

The SafeMoon token nosedived as it was revealed the company behind it had filed for bankruptcy, but it has regained slightly since.

a16z reveals lobbying plan: Throw money at tech-forward politicians

Ben Horowitz, one of the firm’s founders, has pledged to support any politician who helps push crypto and AI technology forward.

Korean crypto firm raises $140M, China’s $1.4T AI sector, Huobi battle: Asia Express

Korean crypto firm pulls off the biggest raise in Asia this year, AI market in China is now worth $1.4T, and Huobi trademark court battle.

Majority of UK MPs ‘lack crypto knowledge,’ says industry association

According to CryptoUK, MPs Andrew Griffith and Lisa Cameron were among the top crypto proponents in the U.K. government.

Which world leaders have made big promises on crypto?

From Nayib Bukele to Donald Trump, many current and former heads of state across the globe have used crypto and blockchain as political tools.

CoinList agrees to $1.2M settlement over apparent US sanctions violations

The crypto exchange processed 989 transactions for users in Crimea from April 2020 to May 2022, according to the Office of Foreign Assets Control.

J1mmy.eth once minted 420 Bored Apes… and had NFTs worth $150M: NFT Creator

NFT collector J1mmy.eth trades like Warren Buffett, his collection peaked at $150 million, and he once minted 420 Bored Apes with Pranksy.

Basel Committee suggests introducing maturity limits for stablecoin reserve assets

Should longer-term assets be allowed as reserve assets, the committee thinks these must overcollateralize the claims of stablecoin holders.

Binance, crypto firms optimistic about UAE amid potential US regulatory shift

Ghaf Capital managing partner Feras Al Sadek argued that the UAE’s “regulation by education” sets it apart from other jurisdictions.

Philippines SEC begins Binance ban countdown

The head of the Philippines SEC clarified that Binance and any other unregistered exchange issued with an advisory has three months before they are banned from the country.

Crypto in the well and snake villain star in FCA’s pixelated animation

The United Kingdom’s financial regulator has published a pixelated, video game-styled Wild West cartoon to enlighten investors.

Gemini creditors revolt over ‘brutal’ Bitcoin slashing reorg plan

Under the proposed plan, Gemini Earn users may only recover 61% of their lost funds in a worst-case scenario.

SEC pushes deadline for decision on Invesco Galaxy spot Ethereum ETF to 2024

The commission had until Dec. 23 to decide or punt on approval or disapproval for the spot crypto investment vehicle.

US accounting standards board rules will reflect institutional crypto assets’ fair value

The U.S. FASB has decided that crypto assets will be represented at their fair value in accounting beginning late next year.

Terrorism & Israel-Gaza war weaponized to destroy crypto

Anti-crypto politicians in Washington are weaponizing disputed claims about crypto funding Hamas to try and pass draconian new legislation.

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