The World Bank, an international financial institution offering grants and loans to low-income countries, has rejected El Salvador’s request for assistance in implementing bitcoin as legal tender in its national economy over “environmental and transparency” drawbacks.
The U.S. Securities and Exchange Commission (SEC) has once again delayed passing judgement on a bitcoin exchange-traded fund (ETF), extending its review period on the VanEck Bitcoin Trust.
Federal Reserve officials signalled they expect to raise interest rates sooner than they had previously forecast and that they are taking small steps toward reducing their bond purchases.
Sponsored: Tranche Finance is pleased to announce that it has launched its Mainnet. The Tranche platform is developed by Jibrel, a Swiss-based blockchain development company, aiming to introduce risk management capabilities to DeFi. The Tranche protocol integrates with any accrual token, such as AAVE's aTokens or Compound's cTokens, in order to generate two new interest-bearing instruments.
Top stories in the Crypto Roundup today:
- World Bank Rejects El Salvador’s Request for Technical Assistance with Bitcoin
- SEC Delays VanEck Bitcoin ETF Decision
- Federal Reserve Expects to Raise Inflation Rate in 2023
- Sponsored: Tranche Finance Launches As CDOs Spearhead DeFi Growth