Here's what Google Bard thinks about the spot etf:
As of today, November 5, 2023, the US Securities and Exchange Commission (SEC) has not yet accepted any request to launch a spot Bitcoin ETF. The SEC has already postponed its decision on these applications three times, and the new date is set for January 10, 2024.
There are a number of factors that could influence the SEC's decision, including:
* Risk of market manipulation * Investor protection * Regulation of cryptocurrencies
Some experts believe the SEC is likely to approve a spot Bitcoin ETF as demand for the product grows and the risks for investors associated with cryptocurrencies decline. Other experts believe the SEC could further delay its decision or even reject the applications.
In any case, the SEC's decision will be of great importance for the crypto industry.
Here are some predictions for when the Bitcoin Spot ETF might be adopted: * Optimistic forecast: SEC will approve a spot Bitcoin ETF in January 2024. * Realistic forecast: SEC will approve a spot Bitcoin ETF in the second half of 2024
⚡️Ripple has been selected as a technical partner for the project of the National Bank of Georgia
The latest collaboration with the National Bank of Georgia (NGB) to promote the Digital Lari pilot project is important for several reasons. It showcases Ripple's expertise in central bank digital currencies (CBDCs) and positions the company as a trusted CBDC technology partner.
The implementation of the Digital Lari pilot could lead to further cooperation with other central banks, strengthening Ripple's role in shaping the future of digital currencies and cross-border payments worldwide
Binance has appointed Kirill Khomyakov, head of the CEE and Central Asia regions. Previously, he headed the Ukrainian market. This is great news for Ukraine and for the market as a whole. Congratulations to him!