The SEC is taking legal action against Coinbase for alleged unregistered securities sales. Meanwhile, Hash has launched a Bitcoin ETF, reflecting the growing interest in digital assets.
To combat fraud, the FCA has rolled out guidelines for crypto promotions. The fashion industry is embracing Web3, using NFTs, blockchains, and the metaverse to enhance consumer engagement and sustainability. However, some designers remain skeptical about the future impact of these technologies.
Bitcoin has dipped, but analysts predict a potential surge to $150,000 by December. Solana is rising, while Starbucks is ending its NFT program. Prosecutors recommend a lengthy prison sentence for Sam Bankman-Fried, the former CEO of FTX. Despite fluctuations, Bitcoin ETFs and interest from traditional finance investors remain strong in the crypto market.
