09th Oct: Blockchain DXB Podcast🟠 Bitcoin Amsterdam 2024 Live! 🔥Crypto.com) sues SEC 🔻Ether ETFs - Zero Flows🔻 UN Report - Crypto for Fraud and Money Laundering 👀Canary Capital - XRP ETF🟠 Bitcoin Amsterdam by Bitcoin Magazine) is live from 09th - 10th October you can watch the live stream via YouTube) here https://shorturl.at/cm1Qz) Core areas of focus are- The Future of Bitcoin in the year 2050- Fighting for a fair regulatory environment- Challenging Bitcoin's narrative🔥Crypto.com) has filed a lawsuit against the U.S. Securities and Exchange Commission) (SEC), its Chair Gary Gensler, and four commissioners after receiving a Wells Notice (a warning of potential enforcement action). Filing here https://shorturl.at/t2OTz)🟣 CEO Kris Marszalek) stated that the lawsuit aims to "protect the future of crypto in the U.S." and is a response to the SEC's "regulation by enforcement" approach, which he claims has negatively impacted over 50 million American crypto holders. The Wells Notice, issued on August 22, typically signals impending enforcement actions.🔥 On 7th Oct, U.S. Ether (ETH) exchange-traded funds (ETFs) recorded zero inflows or outflows for only the second time since their launch in July, with the previous instance being on August 30, according to SoSoValue) data. Meanwhile, Bitcoin (BTC) ETFs saw significant inflows, totalling $235.2 million - the highest since September 27. Fidelity's Bitcoin ETF (FBTC) led with $103.7 million, followed by BlackRock)'s ETF (IBIT) with $97.9 million. In contrast, the nine ether ETFs had no movement in either direction. Data here https://shorturl.at/2Fwod)❗ The United Nations) report highlights the increasing use of cryptocurrencies for fraud and money laundering in Southeast Asia. Key points include:- Rising Use of Cryptocurrencies:- Money Laundering via Cryptocurrencies:- Criminal Hubs:- Challenges in RegulationReport here https://shorturl.at/GTA5j)👀 UNODC) estimates that financial losses from scams targeting victims in East and Southeast Asia range between $18 billion and $37 billion in 2023, with a significant portion attributed to organized crime groups in the region.High-risk Virtual Asset Service Providers (VASPs) have facilitated between $49 billion and $64 billion in cryptocurrency transactions from 2021 to 2024,🟣 Canary Capital) Group LLC has submitted a registration with the U.S. SEC for its proposed Canary XRP ETF, which aims to offer investors exposure to XRP without directly holding the asset. The ETF will track XRP’s value using the CME CF Ripple)-Dollar Reference Rate – New York Variant, providing easier access via traditional brokerage platforms while managing costs and liabilities. Official filing here https://shorturl.at/gsws0)🟠 Two UAE news⚡ Dubai Chamber of Commerce to showcase the role of digitisation, and AI in sustainable business practices⚡ Saudi Arabia Attracts 40 French AI Startups
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