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Latest from Nikhilesh De
Invesco Drops Efforts to Launch Bitcoin Futures ETF
A competing product by ProShares will start trading on Tuesday.

Ransomware Payments in 2021 Already Dwarf Last Year’s Total, FinCEN Reports
FinCEN identified over $5 billion in transactions tied to ransomware payments based on $590 million detailed in Suspicious Activity Reports.

What Is a Bitcoin ETF?
The SEC is expected to decide on Jan. 10, 2024, whether to approve bitcoin ETFs from the likes of BlackRock, Fidelity and others, which would give investors exposure to the biggest cryptocurrency without having to actually buy it.

SEC Approves Bitcoin Futures ETF, Opening Crypto to Wider Investor Base
ProShares is set to launch trading of its bitcoin futures ETF next week.

CFTC Fines Tether and Bitfinex $42.5M for ‘Untrue or Misleading’ Claims
The U.S. regulator issued an order “simultaneously filing and settling charges against Tether,” the issuer of the crypto industry’s largest stablecoin.

Coinbase Proposes US Create New Regulator to Oversee Crypto
The Digital Asset Policy Proposal suggests Congress pass legislation to define how digital assets are overseen.

Bitwise Files for Physically Backed Bitcoin ETF With NYSE Arca
“The market has matured,” Bitwise CIO Matt Hougan said on Twitter.

Biden Wants to Know More About Crypto
The Biden administration’s approach to crypto continues to take shape, and it still doesn’t look like any sort of outright ban is on the table.

White House Considering Executive Order on Crypto Oversight: Report
The order would include the Treasury Department, Commerce Department, National Science Foundation and national security agencies.

US Lawmaker Proposes Safe Harbor Bill, Echoing SEC Commissioner Peirce
The “Clarity for Digital Tokens Act of 2021″ would carve out space for crypto projects to launch tokens without irking securities regulators.
