In Belgium, the Financial Services and Markets Authority (FSMA) has announced that BTC, ETH and all other crypto assets are computer coding and do not accept them as securities. He added that crypto assets can only be considered as securities when they are issued by a company or individual.
ApeCoin Staking Obstacle to North America
Yuga Labs, the creative company of ApeCoin, announced that they are closing their staking services to the North American continent. The main reason for this was that the regulators and the environmental conditions they created did not leave the company with any other method.
Stablecoin Project on Cardano Shuts Down After Delays
The stablecoin project of Ardana Labs, the decentralized finance (DeFi) and stablecoin ecosystem on the Cardano network, was stopped on November 24, citing uncertainties and delays in the project. It was announced that the project will be held until it is owned by another development team.
Research by Harvard Student Tells Central Banks and Governments to Hold Bitcoin
As a result of the research conducted at Harvard, one of the world's leading universities, it was concluded that it may be right for governments and central banks to hold Bitcoin. In the report of PhD student Maaher Ferranti, who is in his 5th year, he stated that Bitcoin should be taken into its reserves for hedging purposes, despite the different risks that may occur in the market.
Russia is Very Close to Opening a National Cryptocurrency Exchange
In Russia, the national cryptocurrency exchange project has started to be voiced and worked on by the parliament. The platform to be created must be approved by the Ministry of Finance and the Central Bank of Russia. If the approvals are obtained, there will be no other obstacles for the opening of Russia's national cryptocurrency exchange.
Important Research on Grayscale's GBTC
A page called Ergo, who shared his research on Twitter, recently shared an article on the Proof-of-Reserve crisis related to GrayScale. In the announcement, he confirmed 633K Bitcoin, which is owned by Grayscale. In addition, GrayScale was seen to have the right not to show its reserves in the GBTC prospectus it shared.
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