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News Block: Bitcoin Soars Past $30k, WSJ Fake Terrorism News, FinCEN Targets Crypto Privacy, NYAG Sues Gemini/Genesis/DCG, BlackRock Prepares for ETF, Argentina's Milei Forces Run-Off

Coin Stories

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Bitcoin ETF Approval, Argentine Presidential Run-off, and Taproot Assets Launch

This chapter discusses the potential approval of a spot Bitcoin exchange traded product (ETF) by BlackRock. SEC Commissioner Hester Pierce expresses her support for the approval and highlights the need for accessible Bitcoin exposure for retirement savings. The chapter then shifts to the political situation in Argentina, where pro-Bitcoin presidential candidate Javier Malay is heading to a runoff election in November. Malay aims to bring hope and change by ending the central bank, reducing government size, and embracing other currencies like the dollar and Bitcoin. The chapter concludes with the launch of Taproot Assets by Lightning Labs, which allows for the issuance and management of stablecoins and other assets on the Bitcoin blockchain.

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