Dubai Crypto & Coffee at 8 ☕ 🚨 Dubai: 17th Aug 🚨 💥Ether futures ETF 🚨Banning CBDC is essential to America’s Fintech Future’ 🔴Ledger announces U.S. PayPal integration ⚡1,005 BTC from 2010 - a podcast by Blockchain DXB

17th August: Crypto & Coffee at 8 🎙️
💥Ether futures ETF 🚨Banning CBDC is essential to America’s Fintech Future’ 🔴Ledger announces U.S. PayPal integration ⚡1,005 BTC mined in 2010 on the move

💥Asset management firm Valkyrie filed for an Ether futures exchange-traded fund with the U.S. Securities and Exchange Commission on Aug. 16. As per the application, the fund will not directly invest in Ether but will seek to purchase a number of ETH futures contracts. Eric Balchunas, Senior ETF Analyst for Bloomberg mentioned via Twitter https://lnkd.in/daUq8nyG

❗ Important to note According to Valkyrie’s application, the ETF investment in Ether futures contracts will be limited to 8,000 contracts per month, in compliance with position limits established by the CHICAGO MERCANTILE EXCHANGE INC.. Futures contracts are standardized agreements to buy or sell an asset at a future point at a specific price. If approved, investors will be able to wager on future prices of Ether through the ETF.

🚨 What about XRP spot ETF? James Seyffart, CFA, CAIA discussed Ethereum and XRP ETFs in a podcast with Thinking Crypto Podcast. Podcast available via YouTube here https://lnkd.in/d9TYqNev

🔴 US Congressman Warren Davidson has railed against central bank digital currencies (CBDC), stating that enacting a ban on these instruments is “essential” for the future of the fintech industry in America. Davidson explained that many people wrongly conflate cryptocurrencies with CBDC when these are two different concepts.

He further went on to say via Twitter that “At least most agree that CBDC is evil — the financial equivalent of the Death Star. Don’t become an accomplice to anyone designing, building, testing, developing, or establishing CBDC.

Don’t become an accomplice to anyone designing, building, testing, developing, or establishing CBDC.
 

⚡ Ledger announces U.S. PayPal integration, which lets users buy crypto from within the app. Through the new integration, verified PayPal users in the United States will be able to buy BTC, ETH, BCH, and LTC directly through Ledger Live. More info via Cointelegraph https://lnkd.in/d54Gq_Bf

Ledger chairman and CEO Pascal Gauthier claimed that combining Ledger Live with PayPal will make crypto transactions simpler while also not com❗ promising on security:

🟠 1,005 Virgin BTC mined in 2010 on the move
Whale Alert mentioned via Twitter that a dormant address containing 1,005 #BTC (29,750,772 USD) has just been activated after 12.8 years! The transaction can be verified here https://lnkd.in/d2wXsDea

Is Satoshi Nakamoto back?

🟠 Two UAE news: See slides
⚡ Dubai’s Virtual Assets Regulatory Authority (VARA) Published a notice of fines for the Open Exchange (OPNX) exchange
⚡ VARA and Dubai Department of Economy and Tourism Join Forces to Establish Best-in-class Market Assurance Standards for Virtual Assets

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