Altcoin Roundup: Holding Bitcoin? Here’s how to put it to work in DeFi

The long-awaited day finally came on Oct. 19 as the first Bitcoin (BTC) exchange-traded fund (ETF) went live on the New York Stock Exchange, thrusting the crypto asset into the limelight across mainstream news outlets and alternative media alike.

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SEC Chair Gary Gensler responds to concerns about first Bitcoin-linked ETF

SEC Chair Gary Gensler and Proshares CEO Simeon Hyman discussed the launch of the first Bitcoin-linked ETF in a CNBC breaking news segment on Tuesday.
Proshares Bitcoin Strategy ETF, also known as BITO, is based on CME Bitcoin futures contracts.

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Bitcoin all-time highs ‘just a matter of time’ after a BTC ETF approval looks certain

Optimism is bordering euphoria in the cryptocurrency market after a trove of documents pointed toward the eventual approval of Valkyrie’s Bitcoin (BTC) exchange-traded fund, or ETF, application by the United States Securities Exchange Commission before the end of the month.

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CFTC slaps Tether and Bitfinex with a combined $42.5 million fine

On Oct. 15, the Commodity Futures Trading Commission, or CFTC, handed sister crypto companies Tether and Bitfinex fines totaling $41 million and $1.5 million, respectively, citing violations of the Commodity Exchange Act, or CEA, and of a prior CFTC order.

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Coinbase unveils its Digital Asset Policy Proposal to spark conversation around comprehensive crypto regulation

On Oct. 14, cryptocurrency exchange platform Coinbase published its Digital Asset Policy Proposal, a document offering both a justification and conceptual framework for comprehensive regulation of digital assets in the United States.

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BoE deputy gov: Regulators should pursue crypto as a ‘matter of urgency’

Jon Cunliffe, deputy governor for financial stability at the Bank of England, said the risks of a growing crypto market on the financial system are “relatively limited” at the moment but have the potential to grow very rapidly if regulators do not keep pace.

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