VanEck, US asset management firm, has once again filed an application with the U.S. Securities and Exchange Commission (SEC) for an exchange-traded fund (ETF) based on bitcoin (BTC), the « VanEck Bitcoin Trust ». He Serbian government will allow issuance and trading of digital assets and related services under the Digital Assets Law, which officially came into effect on December 29, eight days after its publication in the official gazette, thus reversing the country’s previous policy. It will be applied within six months. According to the law, digital asset service providers in Serbia can operate after « obtaining the permission of the supervisory authority », while the Securities Commission and the National Bank of Serbia are tasked with supervising and enforcing the law. The rules proposed by the US Department of the Treasury. according to which users should comply with the measures of Know Your Customer (KYC) if they want to send crypto assets to a private wallet They can be ineffective, blockchain analytics firm Elliptic reported. The firm said the rules could « negatively impact » the effectiveness of existing regulations against money laundering and terrorist financing (AML / CFT). Russian gas supplier Gazprom, one of the most prosperous companies in the country, has invited third-party cryptocurrency mining operators to settle in a Siberia-based plant operated by its oil arm, Gazprom Neft. The subsidiary will convert gas from an oil field in the Khanty-Mansi autonomous Okrug into electrical power which it will then provide to miners, who want to make use of cheap electricity and set up a shop in Siberia, famous for its very cold winters. Cold weather foundations are ideal for crypto mining, the rigs of which can overheat unless cooled at high cost.
Binance.US, the US branch of the global exchange, and the crypto-compatible asset trading service eToro are the latest platforms to suspend XRP trading in the United States. In announcing the news, eToro revealed that US clients will not be able to trade XRP as of January 3, 2021. Clients with existing trades at that time will have three weeks from that date to close all open positions. .
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