The Daily Data Room: Thursday, September 28th, 2023

Today’s headlines range from the SEC approving Ethereum's ETF, another crypto firm leaving the U.K., and the Bank for International Settlements testing cross-border CBDCs!

• The U.S. Securities and Exchange Commission could approve an Ethereum futures exchange-traded fund (ETF) as early as next week. This assertion is coming on the heels of a note to investors that pegged the odds of an ETH Futures approval in October at 90%.

• NiceHash, the cloud mining service is discontinuing services in the United Kingdom ahead of new FCA regulations. These new rules are around advertising and promoting crypto services. They will impose broad advertising regulations and ban cryptocurrency referral schemes.

• The Bank for International Settlements (BIS), in collaboration with the central banks of France, Singapore, and Switzerland, has concluded the testing phase of Project Mariana, an initiative focused on the cross-border trading and settlement of wholesale central bank digital currencies (wCBDCs.)

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