Another exciting week in the crypto space is drawing to a close. The most important events around Bitcoin and Co. at a glance.
Savings banks decide against Bitcoin
The week has already started with bad news. In recent weeks, there has been a debate about whether German savings banks could introduce a wallet that supports cryptocurrencies, but the traditional bank has now decided against Bitcoin and Co.
What our editor-in-chief Sven Wagenknecht thinks of the decision, he wrote in a comment: Savings Banks Against Bitcoin – A Regrettable Admission
Grayscale is suing the SEC
A Grayscale Bitcoin ETF had to believe it again. The United States Securities and Exchange Commission (SEC) once again rejected the corresponding request.
The company now appears to have had enough: Grayscale intends to sue the authority. The asset manager explained that the company had prepared for this scenario. The legal steps are intended to persuade the SEC to reconsider the decision.
You can read more details in this article: Grayscale sues SEC over rejected Bitcoin ETF
Mass layoffs on Bitpanda
Word of crypto startups having to lay off employees is almost spreading. Now, the Austrian unicorn Bitpanda has also spoken out about the difficult situation that the young company is going through.
Mistakes were made in the “pace of hiring,” according to a blog post. Based on current market conditions, 270 employees are due to leave the company.
You can read more information here: Bitpanda is laying off hundreds of employees
MiCA Regulation finally decided
The back-and-forth over an eventual ban on proof-of-work cryptocurrencies, including Bitcoin, has now come to an end. The regulation of “Markets in Crypto-Active” (MiCA) is already done deal.
The new regulation aims to curb money laundering using cryptocurrencies in particular. But the directives also address the polarizing environmental debate.
You can find more details in this article: MiCA – EU decides on bitcoin regulation
OneCoin Scammer on FBI Wanted List
Ruja Ignatova is said to have stolen more than 3 billion US dollars from investors through an alleged crypto scam. However, since 2017, the co-founder of the Bulgarian crypto company OneCoin has disappeared from the scene, and with all traces of her.
The FBI has now put Ignatova, also known as “crypto queen”, on its list of the ten most wanted criminals. The allegation: Ignatova is said to have made false statements to get people to invest in the alleged cryptocurrency.
More on this in this video post: The “Crypto Queen” is now one of the FBI’s Top Ten Most Wanted Criminals.
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