The US Securities and Exchange Commission (SEC) rejected on December 23 two proposals by Kryptoin and Valkyrie investment firms for spot Bitcoin exchange-traded funds (ETFs). Rejecting Bitcoin spot-ETFs, the SEC has also disapproved of any creative products such as leveraged or inverse futures backed ETFs. The most remarkable year for cryptocurrencies yet is coming to…

Over 50 countries have banned cryptocurrencies, according to a report from the Global Legal Research Directorate of the Law Library of Congress. The November report served as an update to research published in 2018, found the number of countries banning crypto “increased significantly” since the research first came out in 2018. Since 2018, “the number…

The Filecoin cryptocurrency is primed to join a large family of projects that implement smart contracts, which entails compatibility with Ethereum and the possibility of building DeFi services on this platform. The development team of the Filecoin project (FIL token) starting their own virtual machine is, in my opinion, one of the most important recent…