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- 2024-05-22
2024-05-22
Fernando Fierro
May 22, 2024
Howdy folks,
The SEC is showing signs of approving Ethereum ETFs!
They’ve asked applicants to re-file their 19b-4 forms, signaling a potential shift in stance. Bloomberg analysts now see a 75% chance of approval, up from 25%. This change might be driven by political pressures and recent Senate actions pushing back against the SEC’s tough crypto stance.
In other news:
🔍 Hong Kong has banned Worldcoin over data privacy violations. The privacy watchdog found the collection of iris and face images excessive and unnecessary, leading to an enforcement notice to cease operations in the city.
💸 Nexo has upset its users by suddenly increasing bank transfer fees.
The abrupt change has sparked significant backlash, with users expressing frustration over the lack of advance notice. This incident puts Nexo’s reputation for transparency at risk, as trust in centralized exchanges remains fragile.
🎨 Yuga Labs faced backlash for their “Super Punk World” NFT collection. Criticized for being "woke," the project is now canceled.
This decision raises concerns about the company’s commitment to diversity and inclusivity, as it caves to community pressure and leaves the artist unsupported.
DailyCoin Daily Meme
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