Top five stories from the last week
Don't Miss The Top Five Stories From The Last Week CBOE Withdraws BTC ETF Rule Exchange Request From SEC Amid Gov't Shutdown What happened? The Chicago Board Options Exchange's, BZX Equity Exchange, has withdrawn its request for a rule change from the United States SEC in order to list its Bitcoin exchange-traded fund What was the reason for this? A CBOE spokesperson told Cointelegraph that the U.S. government shutdown was the reason for the withdrawal, as the end of the review period is approaching with no government agencies able to operate fully Read more here Nasdaq CEO: Crypto Could Still Become 'a Global Currency of the Future' What is this all about? Adena Friedman, president and CEO of Nasdaq Inc., says that cryptocurrency "deserves an opportunity to find a sustainable future in our economy," characterizing "the invention itself [as] a tremendous demonstration of genius and creativity" What is this based on? The CEO argued that for crypto to evolve into a practical, useable invention with stable value, it requires "governance and regulatory clarity" Read more here McAfee to Lead 2020 Presidential Campaign 'in Exile' After Alleged IRS Indictment What is this all about? Crypto entrepreneur and advocate, John McAfee, claims that he has fled the country this week in order to escape an indictment by the U.S. Internal Revenue Service, and will be conducting his 2020 presidential campaign from a boat in international waters Why did he flee? According to McAfee, a grand jury had been convened against him by the IRS, since he did not know the exact nature of the allegations against him, he confessed he had not paid taxes for the past eight years Read more here US State of Wyoming Introduces Crypto Defining, Custody Legislation What happened? The state of Wyoming has introduced a bill that will both define cryptocurrency assets, as well as allow banks to provide custodial services for cryptocurrencies How would it work? According to the legislation, crypto assets would be placed into one of three categories — digital consumer assets, digital securities, and virtual currencies — which means they would be defined as intangible personal property, granting virtual currencies the same treatment as money Details here Apple Co-Founder Steve Wozniak Declares He Sold All His BTC Holdings at $20,000 Peak What is this all about? Apple co-founder Steve Wozniak has said that he sold all of his Bitcoin when the currency hit $20,000 in December 2017 What did he say? "When it shot up high, I said I don't want to be one of those people who watches and watches it and cares about the number. I don't want that kind of care in my life [...] Part of my happiness is not to have worries, so I sold it all and just got rid of it" Read more Prefer video instead of text? Check out our latest Hodler's Diges | | | | |