Jan 4: Crypto Landscape: Fidelity's ETF Hope, Visa's Web3 Pivot, and Privacy Coins at Risk

The cryptocurrency sector is seeing a mix of optimistic advancements and challenging headwinds. Fidelity's Bitcoin ETF is poised to trade on the CBOE, yet there's still no clear response from the SEC, leaving investors in a state of anticipation. Franklin Templeton receives a green light from the SEC for a Bitcoin securities lending program, marking a significant regulatory milestone. Visa is stepping into the future with a pilot for a Web3 customer loyalty platform, indicating a growing interest from major financial players in blockchain technology.

In legal arenas, a U.S. Supreme Court Justice has raised concerns about AI's evolving impact on the legal system, highlighting the need for a careful approach to integrating technology into judicial processes. Binance is contemplating the delisting of privacy coins like Monero, Zcash, and Horizen, reflecting the ongoing tension between privacy, regulation, and market access. Lastly, Cathie Wood's ARK Invest has made a notable move by selling $25 million worth of Coinbase shares, signaling a strategic shift in their crypto investment strategy.

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News Links 👇

https://decrypt.co/211702/fidelity-bitcoin-etf-set-to-trade-on-cboe-but-no-word-from-sec

https://www.theblock.co/post/270362/franklin-templeton-rdc-bitcoin-securities-sec-exempt

https://blockworks.co/news/visa-pilots-web3-customer-loyalty-platform

https://decrypt.co/211696/supreme-court-justice-warns-of-ais-impact-on-legal-system

https://decrypt.co/211717/privacy-coins-monero-zcash-horizen-at-risk-of-delisting-by-binance

https://www.theblock.co/post/270272/cathie-woods-ark-invest-sells-25-million-worth-of-coinbase-shares

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