Blockchain DXB: Crypto & Coffee at 8 ☕ 🚨 Dubai: 20th March 🚨🟢 Ethereum ETF update 💰Genesis to Pay SEC $21M Penalty ⚫ BlackRock to Launch a Tokenized Asset Fund 🔵 ‘Giggle Academy’ by CZ

20th March- Crypto & Coffee at 8 🟢 Ethereum ETF update 💰Genesis to Pay SEC $21M Penalty ⚫ BlackRock to Launch a Tokenized Asset Fund 🔵 ‘Giggle Academy’ by Changpeng Zhao 🎙️Check out Blockchain DXB Crypto & Coffee at 8, we share our commentary on the global crypto market 🔴 U.S. Securities and Exchange Commission (SEC) has delayed its decision on proposed spot Ether (ETH) exchange-traded funds (ETFs) by Hashdex and ARK 21Shares. This decision, announced on March 19, came just before the “third deadline,” with final decisions for both ETF applications expected by late May. Specifically, ARK 21Shares will face a final decision on May 24, while Hashdex’s application deadline is set for on or before May 30. Analysts are sceptical about the approval prospects for the eight currently proposed Ether ETFs, expressing concerns about the lack of engagement between the SEC and the issuers. These ETFs come from various entities including BlackRock, Grayscale, Fidelity Investments, Invesco US Galaxy, VanEck, Hashdex, and Franklin Templeton. Info via Cointelegraph here https://lnkd.in/dFE67egS❗ Bloomberg ETF analyst Eric Balchunas lowered the Ether ETF approval odds from 50% to 35%. 🔴 Genesis Agrees to Pay $21 Million Penalty to Settle SEC Charges❗ Genesis Global Capital has agreed to pay a $21 million civil penalty to settle charges with the U.S. Securities and Exchange Commission (SEC) over its involvement in the now-defunct Gemini Earn program. The settlement, formalized after a New York judge denied motions by Genesis and Gemini to stop the SEC case, follows bankruptcy filings by Genesis and its affiliates. The SEC will not receive any portion of the penalty until all other allowed claims are paid, as stated by the regulator. SEC Chair Gary Gensler emphasized the importance of enforcing securities laws in the crypto lending space through such settlements. Info here https://lnkd.in/dsj_cJvN ⚫ BlackRock has filed documents with the SEC to launch a tokenized asset fund, the BlackRock USD Institutional Digital Liquidity Fund. The fund’s size was not disclosed, but the minimum investment accepted is $100,000. Speculation suggests that the fund may be Ethereum-based, with stablecoin assets in the basket. Registered in the British Virgin Islands in 2023, the BlackRock USD Institutional Digital Liquidity Fund will act as a pooled investment fund. Official documents filed with Security Exchange Commission here https://lnkd.in/dDXURKap The news of the fund comes amid hopes that a spot Ethereum ETF may be approved 🚨 ‘Giggle Academy’ “the most impactful thing I could do for the next chapter of my life.” — Changpeng Zhao CZ mentioned via Twitter his next project is Giggle Academy — Free basic (grade 1–12 ish) education, for all. No revenue.Gamified. Adaptive. Two UAE news⚡ Dubai upskills over 170 government employees in generative AI⚡ Saudi Arabia plans $40B AI investment fund overseen by a16z crypto: Report For slides click here: https://tinyurl.com/2fh44bem LinkedIn Profile: https://tinyurl.com/bdeevbru To support our channel click the link below ⚡ The Race Space Podcast 🎙️ Instagram: @theracespoacepodcast Podcast Host: @black_incarnation ⚡ Buy me Coffee ☕ ⁠⁠https://www.buymeacoffee.com/info36/w/6987⁠⁠ ⚡ Advanced Media ⚡ ⁠⁠https://www.amt.tv/⁠⁠ ⚡ Tough Mudder Arabia ⚡ https://toughmudderarabia.com/events/ras-al-khaimah-2024/ USE DISCOUNT CODE - George15 ⚡ Ledger Wallet 🔑 ⁠⁠https://shop.ledger.com?r=ae54df359c4d⁠⁠ ⚡ https://startupoi.com/ ⚡ Download the App To show ur support see below ⚡ Tether USDT (ERC20) 0x7acd89cececd5b125a2fc4caa9bc642879579f1e ⚡Leder Wallet! Link https://shop.ledger.com?r=ae54df359c4d ⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795 ⚡ Ethereum address 0x2662CFE66d24bB7930b9d9dC0B5Fe809A1501d28