ECB appoints 30 members for digital euro advisory group, Tether to be regulated by SEC and delayed ETF

Photo by Executium on Unsplash

European Central Bank appoints 30 members to digital euro advisory group

The European Central Bank (ECB) has appointed 30 members to its new “Digital Euro Market Advisory Group.”

The members will advise the Eurosystem on designing and distributing a potential digital euro, a central bank digital currency (CBDC). The Eurosystem is the monetary authority of the euro area and comprises the ECB and the national central banks of the member states that use the euro.

The ECB launched the digital euro project in July in an investigation phase. At the time, it said a market advisory group will consider prospective users’ and distributors’ views on a digital euro.

Source: The Block

Bitcoin futures ETF VanEck to be launched

Bitcoin (BTC) fell below $59,000, a day after the launch of the third United States regulated exchange-traded fund (ETF) was delayed with one or two days.

The VanEck Bitcoin Strategy ETF (XBTF) will be launched later this week, according to Bitcoin Magazine.

Last week’s ProShares Bitcoin Strategy ETF saw a surge, which ended in new all-time highs for BTC/USD, these still unmatched as a correction challenged $60,000 support.

Source: Cointelegraph

SEC to regulate Stablecoins as U.S. weighs new rules

The Securities & Exchange Commission (SEC) will become the US regulator of the stablecoin market, according to Bloomberg.

The stablecoin market is estimated to be $131 billion, mostly consisting of Tether USDT-tokens. Traders appreciate the speed and easiness of stablecoins for stepping in and out of the market in times of volatility.

There has been some haggling in America for a while as to which government agency will now be responsible for this type of cryptocurrency. Bloomberg says the Treasury Department will announce the SEC’s oversight this week.

Give us a call on +372 602 6773 or email us at Our members of staff are available between 9.00–18.00 CET to answer any question you may have, especially in regards to easily selling your crypto for fiat currencies.

The fast and secure solution to sell crypto for businesses and private individuals alike

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Clash Cards Champions Partners With MoonBeans

Flare Finance x SatoshiClub AMA from 26 November

Horizon Crossing

A rare CryptoPunks alien avatar NFT sells for an all-time high of almost $24 million, double the…

DeFine Partners with STP to launch STP Membership Badges

Launchpool x Satoshi Club AMA Recap from 10th of February

[Taklimakan Blog] Dogecoin Has Updated Its Historical Maximum Value

This Week in Blockfolio Signal — Alogrand, Avalanche, Elrond, Tezos, Yearn Finance, Cream Finance

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store


The fast and secure solution to sell crypto for businesses and private individuals alike

More from Medium

Bitcoin history as a Cryptowave

Where to learn more about TimeCoinProtocol?

The Calm Before the Epic Storm: Recapping the Fifth HornHub VC

Minting your own Kimmie