Summary of important events (10.21-10.27)
1. Top 2 popular events this week
U.S. court officially rules in favor of Grayscale against SEC
On October 24, the U.S. Court of Appeals for the DC Circuit officially ruled on the lawsuit between Grayscale and the SEC. The SEC needs to reconsider its application to convert Grayscale GBTC into a Bitcoin spot ETF. The SEC now has the option of approving Grayscale's application or denying it on other grounds.
Bitcoin ETF’s listing on DTCC attracts attention
On October 24, the BTC ticker for Blackrock’s iShares Bitcoin ETF reappeared on the DTCC website after being briefly deleted, causing users to talk.
2. Cryptocurrencies and exchanges
On October 25, Binance experienced technical problems and withdrawals were suspended and then resumed.
On October 25, Coinbase submitted a brief in response to the SEC’s accusations, stating that the SEC’s judgment on securities has expanded its power.
On October 27, U.S. Republican lawmakers urged the Department of Justice to investigate Binance and Tether’s support for terrorism.
On October 25, BlockFi successfully completed bankruptcy reorganization and launched a compensation plan.
On October 27, Ethereum core developers confirmed that the Dencun upgrade would not be implemented before the end of the year.
On October 24, dYdX Chain V1.0 was officially released.
On October 26, Sui mainnet was upgraded to version V1.12.2.
3. Regulatory dynamics
On October 25, U.S. senators launched the bipartisan Reserve Certification Act.
On October 21, the Commissioner of Hong Kong Customs: The money laundering risks of cryptocurrency exchangers must be addressed and regulatory loopholes must be closed.
On October 27, Taiwan officially proposed an encryption bill and passed it in the first reading of the parliament.
On October 21, a Singaporean court approved a financial investigation company to use legal documents NFT to mark hacker accounts.
On October 25, the UK Financial Conduct Authority included the promotion of crypto assets within its remit.
4. Encryption market dynamics
On October 22, an investment trend based on the tarot card prediction market emerged in Thailand, and a group of astrologers had more than 160,000 members.
On October 23, SEC Commissioner Hester Peirce: Spot Bitcoin ETF should have been approved five years ago.
On October 25, ARK submitted the 4th version amendment to its spot ETF19b-4.
On October 25, multiple Bitcoin-related ETFs from ARK Invest and 21Shares received the CUSIP code.
On October 26, Bitwise submitted an updated version of the Bitcoin spot ETF prospectus.
