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Grayscale tells SEC 'no basis' to approve Bitcoin futures ETFs and not spot ETFs

A letter to the secretary of the SEC outlines discrepancies in its rejection of Bitcoin spot ETFs and acceptance of Bitcoin futures ETFs. Source: https://cointelegraph.com/rss Grayscale tells SEC 'no basis' to approve Bitcoin futures ETFs and not spot ETFs

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Bitcoin network settling an average of $95K for every $1 in fees

Bitcoin’s settlement efficiency has been improving which means more value can be sent for lower transaction fees. Source: https://cointelegraph.com/rss Bitcoin network settling an average of K for every in fees

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Hedera and Korea's Shinhan Bank partner on KRW stablecoin pilot

A new proof-of-concept will be tested to send fiat-backed stablecoins between banks to reduce fees and transaction times on international payments. Source: https://cointelegraph.com/rss Hedera and Korea's Shinhan Bank partner on KRW stablecoin pilot

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Kelly Strategic Management files for Ethereum futures ETF

Following Kelly Strategic Management’s filing for an Ether futures ETF, analysts questioned whether SEC chairman Gary Gensler is “mentally ready” to approve anything other than a BTC futures product. Source: https://cointelegraph.com/rss Kelly Strategic Management files for Ethereum futures ETF

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South Korean lawmakers inch closer to deal to delay crypto tax by one year

The long debate in the country’s legislature could soon be over meaning cryptocurrency gains made in South Korea may not be considered taxable events until 2023 at the earliest. Source: https://cointelegraph.com/rss South Korean lawmakers inch closer to deal to delay crypto tax by one year