First Mover Americas: Bitcoin Holding Above $30K After Quiet Weekend

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First Mover Americas: Bitcoin Holding Above $30K After Quiet Weekend
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Bitcoin and ether were little-changed on Monday, but a number of crypto gainers from last week were pulling back. LedesmaLyllah and godbole17 report in First Mover Americas

Bitcoin and ether were little-changed on Monday, but a number of crypto gainers from last week were pulling back.

The agency was responding to a Coinbase filing which claimed the SEC does not have sufficient jurisdiction to bring a lawsuit against it. The SEC sued Coinbase a month ago, alleging it was operating as an unregistered broker, clearinghouse and exchange, having listed at least 13 different cryptocurrencies that are unregistered securities.

A Switzerland-based body owned by 63 central banks representing around 95% of the world economy, the BIS said nine central banks had also indicated they're “very likely” to issue a CBDC for wholesale use in financial markets within the next six years. Of the 86 central banks surveyed by BIS, 93% are now undertaking CBDC work, the study said, with major jurisdictions such as India, the U.K. and the European Union all seriously exploring issuing a digital version of their fiat currencies.

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