Crypto News: NYDIG Bitcoin Report, El Salvador Bonds, Ripple & SEC Settlement, DeFi Regulations...

1 year ago
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Crypto News: NYDIG Bitcoin Report, El Salvador Bonds, Ripple & SEC Settlement, DeFi Regulations - In this weeks Cryptocurrency News video, we will discuss, Bitcoin Spot ETFs Could Boost Demand by $30 Billion, Says NYDIG: A research report from crypto trading firm NYDIG estimates that Bitcoin spot-based exchange-traded funds (or ETFs) could increase the demand for the cryptocurrency by 2.5% in their first year, and by 6.3% after five years, resulting in an additional $30 billion of inflows into Bitcoin. El Salvador’s Bonds Soar Alongside Bitcoin’s Rally: El Salvador’s junk-rated bonds have surged 62% amid the resurgence seen in the crypto market, outperforming the Invesco Emerging Markets Sovereign Debt ETF (PCY), one of the largest holders of the country’s debt. Ripple and SEC Ordered to Agree on Possible Settlement Dates: US Judge Sarah Netburn has ordered Ripple and the SEC to agree on three mutually convenient dates for possible settlement conferences if they believe it to be productive at this time. New U.S. Senate Bill Aims to Regulate DeFi Like a Bank: A new bipartisan bill being introduced could place stringent anti-money laundering (AML) requirements on DeFi protocols, such as verifying customer identity, reporting suspicious activity, and blocking sanctioned individuals. We will discuss all this and more, so stay with us until the end of the video, to get all the latest developments in the crypto world!! - Watch Now👀

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