New age social media networks such as Tiktok and Snapchat have become immensely popular with Gen Z. This coupled with the post-pandemic rally in both stock and crypto markets has led to the rise of social trading.
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The Securities and Exchange Commission has rejected several bitcoin ETF proposals. On August 22, 2018, the SEC issued a statement to deny approval for bitcoin ETF. ProShares, GraniteShares and Direxion saw their bitcoin ETF proposals rejected.
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Bytom is a blockchain protocol that allows converting physical objects into digital assets that can be stored and manipulated on the blockchain. Bytom supports income, equity and securitized assets.
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The cryptocurrency and blockchain industry has been at odds with the SEC for quite some time.
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Ripple is a payment protocol that allows for peer to peer payments on its network. Ripple has been adopted by many financial institutions worldwide and may replace SWIFT as the leader in global payments. It is powered by the XRP cryptocurrency on its platform.
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