ETFs Are Tots Coming, ETFs Are Not Coming, ETFs Are ETFing and 20 Crypto Jokes
This is your weekly digest of top crypto news from Cryptonews.com, followed by a collection of 20 hand-picked crypto jokes.
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This week in crypto: unsurprisingly, ETF discussions. While Tuttle Capital Management filed for six new Bitcoin ETFs with the US SEC, two of the issuers released details on the fees that they will charge investors for the ETF, and Glen Goodman argued an ETF is fully priced in, BitGo’s Steve Scott and AJ Nary opined that an ETF approval is unlikely to resolve the bigger regulatory picture in the US anytime soon.
Then, financial services company Matrixport projected a possible rejection of ETF applications in January, followed by co-founder Jihan Wu addressing that ETF report responsible for the market crash.
Meanwhile, Binance warned it may delist 10 prominent privacy cryptocurrencies due to increased regulatory attention, and Huobi Korea announced the shutdown of its services due to a challenging “business environment.”
Meanwhile meanwhile, Visa announced a Web3-based loyalty program for its customers, and the Japanese gaming giant Square Enix reaffirmed its plans to utilize blockchain, AI, and metaverse in creating novel content for consumers. In Kyrgyzstan, the water-rich environment has the potential to provide a necessary boost for the country’s crypto mining industry.
Meanwhile meanwhile meanwhile, India’s digital rupee hit 1 million daily transactions in December, and the ECB published a report detailing the advancements made by the digital euro scheme’s Rulebook Development Group.
In South Korea, Incheon confiscated $375,000 worth of crypto from “tax-evading” residents, and gaming firm WeMade got hit with a $41 million tax bill for its crypto-related activities. Also, Russian tax
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