Fidelity & Grayscale Filing 8-A Shows Progress With Bitcoin ETFs
Starknet Community Votes On STRK Fee Payment Upgrade, South Korean Regulator Seeks To Ban Crypto Purchases With Credit Cards
Welcome to Coinfeeds Daily Digest! Arbitrum Orbit's layer 3 chains can now use custom ERC-20 tokens for transaction fees, Celsius is moving to unstake $470 million worth of Ethereum before starting repayments, and Visa announced its new web3 loyalty rewards program through a partnership with SmartMedia Technologies. The SEC is looking to leverage its partial Terraform court victory in Coinbase and Binance cases, India's digital rupee (CBDC) hit a million daily transactions on December 27th with the help of some participating banks, and a South Korean regulator is proposing a ban on cryptocurrency transactions made using credit cards.
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Fidelity & Grayscale Filing 8-A Form Shows Progress In Bitcoin ETF Applications
Fidelity and Grayscale, have taken a step forward in their efforts to launch a spot Bitcoin ETF. Both companies have recently filed Form 8-A with the SEC, a move that is seen as progress toward the potential approval of their respective ETF applications. | Read More
Visa Launches Web3 Loyalty Program
Visa's Web3 Loyalty Engagement Solution is a testament to the company's commitment to innovation. The service aims to modernize loyalty programs by creating digital-first experiences that go beyond traditional transaction-based rewards. | Read More
Celsius To Unstake $470M in ETH Ahead of Repayments
For the creditors of Celsius, who have been awaiting the return of their funds for over 18 months, the unstaking of approximately $470 million worth of Ethereum is a beacon of hope. This action is a clear indication that Celsius is working towards ensuring liquidity for the repayment process. | Read More
SEC Wants To Leverage Terraform Ruling in Coinbase, Binance Cases
The SEC is stepping up its regulatory enforcement in crypto, leveraging a recent legal win to bolster its ongoing cases against major cryptocurrency exchanges Coinbase and Binance. The SEC's strategy hinges on a partial court victory against Terraform Labs, where certain tokens, including UST, were deemed securities. | Read More
South Korea Regulator Seeks Ban on Crypto Purchases With Credit Cards
South Korea's financial authorities are taking a firm stance on the use of credit cards in cryptocurrency transactions. The FSC, the country's financial watchdog, has recently put forward a proposal that could significantly alter the way individuals in South Korea engage with digital currencies. | Read More
India's Digital Rupee Hits 1M Transactions
The spike in transactions was not a spontaneous occurrence; it was the result of concerted efforts by participating banks. These financial institutions have been actively encouraging their employees to adopt the digital rupee for various transactions, including depositing funds and receiving benefits. | Read More