Blockchain DXB: 🚨 Dubai: 22nd May 🚨 🟢Updates — Ethereum ETF 🔴Telegram Founder gets $6.8M Notcoin Central Bank of Brazil -crypto regulation in 2024❗ Bybit Reaches 30M users | Blockchain DXB

22nd May: Crypto & Coffee at 8
🟢Updates — Ethereum ETF 🔴Telegram Founder gets $6.8M Notcoin Central Bank of Brazil -crypto regulation in 2024❗ Bybit Reaches 30M users

🟢 U.S. Securities and Exchange Commission asked Nasdaq, CBOE, and NYSE to update spot Ether ETF applications before a regulatory deadline. This could signal possible approval. ? Via Reuters https://lnkd.in/d9EtRbsA

🟢 Bloomberg ETF analysts Eric Balchunas and James Seyffart, CFA, CAIA have noted “chatter” that the United States Securities and Exchange Commission (SEC) is urging applicants to expedite their 19b-4 filings. Consequently, the analysts have increased their approval odds from 25% to 75%. He mentioned it via Twitter . Now (X) UPDATE: Grayscale Investments just filed an updated 19b-4 for their Ethereum Mini Trust. We should see a bunch of these come in today. The initial 19b-4 for Grayscales mini Ethereum trust. It may not be included in the first wave of potential approvals.

🟢 Standard Chartered head of FX and digital assets research, Geoff Kendrick, said they are “80% to 90%” certain that the SEC will approve spot Ether ETFs later this week.

🟢 Fidelity Investments has also reportedly amended its Ether ETF S-1 filing to remove ETH staking. This amendment comes after the SEC reversed its stance and requested Ether ETF issuers to update their 19b-4 filings.

❗Important to note: The next SEC deadline is May 23 for VanEck’s Ether ETF proposal. While senior Bloomberg ETF analyst Eric Balchunas has increased the odds of approval to 75% from 25%, this only applies to the 19b-4 form.

🔴 Telegram Messenger’s founder Pavel Durov received a $6.8 million donation in Notcoin from the TON-based game Notcoin. This move has been met with scrutiny due to a lack of transparency from Notcoin’s team. The team had promised to double the contributions of all donors, but many users are unhappy with the lack of communication regarding this decision.

🏦 The Central Bank of Brazil has announced a three-phase plan for crypto regulation in 2024. The plan includes:
- Consulting market actors regarding VASPs
- Establishing plans to regulate stablecoins:
- Finalizing rules for VASPs to operate in Brazil:

💯 Bybit, a cryptocurrency exchange, has reached 30 million users and increased its market share significantly. This growth is due to its focus on security and trust, earning industry recognition. Bybit plans to continue innovating in the Web3 space with new platforms and a decentralized exchange. The company has also received industry recognition, including a perfect 10/10 Trust Score from CoinGecko and an ‘AA’ rating in the recent CCData Crypto Exchange Benchmark Report. info via Bitcoin.com https://lnkd.in/db82YrU5

🟠 Two UAE news (See slides)
⚡ Roland Berger Middle East announces cooperation with Microsoft UAE to provide customers an unparalleled end-to-end AI capabilities
⚡ Saudi Arabia’s ALLaM model joins IBM watsonx AI platform

For slides click here: https://tinyurl.com/y5n5xr4d

LinkedIn Profile: ⁠https://tinyurl.com/bdeevbru⁠

To support this channel:

⚡ Advanced Media ⚡ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.amt.tv/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

⚡ Ledger Wallet 🔑

⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://shop.ledger.com?r=ae54df359c4d⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

⚡ https://startupoi.com/ ⚡ Download the App ⚡ The Race Space Podcast

🎙️ Instagram: @theracespoacepodcast

Podcast Host: @black_incarnation

⚡ Buy me Coffee ☕

⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.buymeacoffee.com/info36/w/6987⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

To show your support see below