Author: American Coins & Gold

Grayscale Gears Up for Spot Bitcoin ETF, Updating Trust Agreement for Sake of ‘Operational Efficiencies’
The changes involve the fee structure, and how assets can be custodies for smoother share creation and redemptions

U.S. Treasury Campaigning for Amplified Powers to Chase Crypto Overseas
The U.S. Department of the Treasury is pressing lawmakers for a new set of powers that would give the government unprecedented enforcement and sanctions authority over the crypto sector, including the ability to roam well beyond American borders and get involved with transactions that don’t involve its citizenry.

‘A Politician Masquerading as a Regulator’ – 3 Takeaways From Fortune's Gary Gensler Profile
An in-depth magazine story about the SEC chair reveals the breadth of the man’s ambition and the limitations of his record.

The Protocol: It's Crypto Spring, as Smart Contract Platform Index Jumps Most in 10 Months
Digital-asset markets are heating up, especially for blockchain tokens. In this week’s Protocol issue, we highlight November’s 19% jump in the CoinDesk Smart Contract Platforms Index (SMT), the biggest gain in 10 months.

Protocol Village: It's Crypto Spring, as Smart-Contract Platform Index Jumps Most in 10 Months
Digital-asset markets are heating up, especially for blockchain tokens. In this week’s Protocol issue, we highlight November’s 19% jump in the CoinDesk Smart Contract Platforms Index (SMT), the biggest gain in 10 months.

Binance Will Cease Support for Its BUSD Stablecoin on Dec. 15
Binance said it will end support for its BUSD stablecoin on Dec. 15, following the exchange’s August announcement that it would “gradually” do so after Paxos, the company that actually issued it, was ordered to stop minting the coin in February.

IOTA Jumps 43% After Registering Ecosystem Foundation in Abu Dhabi
Native token of the Iota ecosystem [IOTA] jumped 35% Wednesday on news about registering a development foundation in Abu Dhabi.

Jack Dorsey Aims to Create Anti-Censorship Bitcoin Mining Pool With New Startup
The startup said it created “only non-custodial” mining pool where miners get the new bitcoin block reward for mining directly from the network.

Digital Finance Firm SoFi Hands Its Crypto Business to Blockchain.com
Blockchain.com President Lane Kassleman said in an interview that his firm’s SoFi partnership equates to hundreds of thousands of users and hundreds of millions of dollars.

Bitcoin Buyer Quietly Accumulates 4M of BTC in 3 Weeks
An unknown entity has bought 11,268 bitcoin [BTC] worth $424 million since November 10 in what appears to be a time-weight average price (TWAP) accumulation strategy.