Coinbase Files Motion To Dismiss Recent SEC Lawsuit...

The lawsuit accuses Coinbase of facilitating unregistered trading in 12 digital tokens that are considered securities. Coinbase strongly disputes these claims and argues that the SEC is applying securities laws in a manner that deviates significantly from established legal frameworks.

SEC Rejects BTC ETF Applications For BlackRock And Others...

According to sources cited by the Wall Street Journal (WSJ), the U.S. SEC has informed the Nasdaq and Cboe exchanges that the recent filings for spot Bitcoin exchange-traded fund (ETF) funds made by BlackRock, Fidelity, and other firms were lacking in clarity and comprehensiveness.

Canadian Lawmakers Take A More Holistic Approach To Blockchain Adoption...

Canadian lawmakers have released a report on blockchain technology, offering recommendations to promote its adoption while balancing regulation and innovation. In contrast to the fragmented regulatory landscape in the United States, Canada aims to take a more comprehensive approach.

CACEIS Bank Registers for Crypto Custody License in France...

The upper house of the UK Parliament, the House of Lords, has approved the Financial Services and Markets Bill (FSMB), which aims to regulate crypto activities and recognize stablecoins as a form of payment within the existing legal framework.

INDUSTRY EVENTS

August 15th-16th, 2023.

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TECHNICAL ANALYSIS

Bitcoin (+0.5%) Maintains price above $30K following major 15% rally prior week.

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Ethereum (+1.5%) Nears key resistance at $2K

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CONTENT OF THE WEEK

ACCELERATED Bitcoin Bull Market Coming - THIS COULD BE HUGE

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MASSIVE WEEK FOR BITCOIN

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The Failure of Gary Gensler

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We at CryptoWeekly are not Financial Advisors. None of the content or opinions expressed in this newsletter should be considered financial advice. We highly recommend that you do your own research before investing in any project within or outside the cryptocurrency space.