Lets read together a 2023 Recap

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2 Jan 2024
17

Lets read together a 2023 Recap

• US judge rules XRP is not a security.

⚫ $10 trillion asset manager BlackRock officially files for a Spot Bitcoin &Ethereum ETF.

• BlackRock CEO says crypto is digital gold and "Bitcoin is an international asset."

• Sam Bankman-Fried found guilty on all charges.

• FED Chair Jerome Powell says "crypto appears to have staying power as an asset class."

• Changpeng Zhao (CZ) resigns as Binance CEO.

• Chinese Yuan overtakes US dollar as most used currency in China's cross border transactions for the first time in history.

⚫ Saudi Arabia enters trade alliance with China, Russia, India, Pakistan, and four Central Asian nations to step further away from reliance on the US dollar.

• Argentina President Javier Milei plans to replace the peso with the US Dollar and shu. down the central bank.

• Turkish crypto exchange CEO sentenced to 11,196 years in prison for stealing $2 billion in customer funds.

⚫ SEC drops lawsuit against Ripple XRP executives.

• Crypto asset manager Grayscale wins lawsuit against SEC.

• El Salvador President officially signs bill eliminating all taxes on income, property, and capital gains for technology innovations. ⚫

Hong Kong court recognises cryptocurrencies as property.

• Chinese property giant Evergrande files for bankruptcy.

• Terra founder Do Kwon arrested in Montenegro.

• US Government arrests SafeMoon founders John Karony, Kyle Nagy & Thomas Smith.

• BlackRock names JPMorgan as an authorized participant for its Spot Bitcoin ETF.

• UK Government plans to establish new digital asset legislation and make the cou ntry a crypto hub.

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