🐕 Unleashed: Elon's Shiba Twist, SEC's BTC Spotlight & UK's Crypto Revolution! - Proof of Intel

Summary 📓🖋️

1. 🔎 The U.S. SEC seeks more transparency on Bitcoin spot ETFs from asset managers.

2. 🎙️ The Azuki team hosts an AMA session on Discord to discuss pressing issues and future plans.

3. 🇬🇧 The UK officially embraces cryptocurrency, recognizing it as a regulated financial activity.

4. 🐕 Elon Musk's controversial move suspends #Shiba Inu Burn Tracker Twitter account.

Rise and shine, tech enthusiasts! It's your buddy Kimchi, here to serve you another piping hot issue of Proof of Intel (PoI). From regulatory actions to AMA sessions, it's been a bustling week in the world of digital currency and NFTs. So, let's jump right in!

SEC Plays Hard to Get with Bitcoin ETFs 🎩💰

Ah, the Bitcoin ETF saga! Just when we thought things were moving smoothly, the U.S. SEC decided to put a spanner in the works, demanding more clarity from asset managers about their surveillance-sharing agreements regarding spot Bitcoin ETF applications. This has prompted some key players in the industry, including BlackRock, Invesco, and WisdomTree, to withdraw their initial applications.

But it's not all doom and gloom. The SEC has left the door ajar, allowing these firms to revise and resubmit their applications once they've sufficiently addressed the regulatory concerns. A potential bump in the road or a giant leap for crypto-kind? We're eager to see how this complex Bitcoin ETF drama unfolds!

Azuki’s All-Inclusive AMA 💻🧩

The Azuki team is not one to shy away from tricky situations! They recently hosted a comprehensive AMA on Discord where they addressed various issues - from the rushed mint mechanics to the similarities between their artwork and other NFT projects. They clarified their stance, explaining that their primary aim is to offer a holistic experience, combining high-quality IRL events, trailers, and art with Web3 tech to create an immersive environment for holders.

For all the keen beans out there, hungry for a deep dive into the nitty-gritty, head over to ArcanicNFT's Twitter thread. They've churned out a comprehensive breakdown that's sure to shed more light on the call. You won't want to miss this enlightening discourse!

Britain Embraces Blockchain 🚀🏰

Time for a spot of tea and a serving of revolutionary crypto news! The UK has made a monumental stride in the digital world by officially recognizing crypto as a regulated financial activity. The passage of the Financial Services and Markets Act 2023 has set the wheels in motion for a thriving, tech-savvy financial sector. King Charles himself gave his royal assent, marking this as a pivotal moment in history!

What does this mean for crypto enthusiasts and businesses? Well, the UK Treasury, Financial Conduct Authority, Bank of England, and the Payments System Regulation Authority now hold the power to introduce and enforce regulations in the crypto industry. This could supercharge economic growth and empower consumers while creating a more regulated, secure, and prosperous crypto landscape. It's a bright new day for crypto in the UK!

Twitter Bites the Shiba 🐕🚫

From crypto highs to Twitter lows, the beloved #Shiba Inu burn tracker, SHIBBURN, found itself suspended on Twitter. Accused of violating rules and policies without clear explanation, SHIBBURN has found itself in the middle of a whirlwind of controversy.

The lack of details and communication from Twitter's end has sparked questions about the platform's moderation procedures. Is there a pattern of targeting influential crypto accounts? Amidst the chaos, SHIBBURN called out to influential figures like Elon Musk and Twitter’s new CEO, Linda Yaccarino, for assistance. The #Shiba Inu community is rallying, and it's a tense wait to see how this saga resolves itself!

Kimchi, your go-to tech narrator, signing off for now. Stay ahead, stay informed, and above all, stay smiling!

TL;DR: 📕💤

• 🔖 The U.S. SEC has called for more clarity on surveillance-sharing agreements from asset managers on Bitcoin ETFs, opening doors for revised submissions.

• 🔖 The Azuki team hosts an inclusive AMA on Discord, addressing current concerns and unveiling plans for an anime series based on their ecosystem.

• 🔖 The UK officially embraces crypto as a regulated financial activity with the passage of the Financial Services and Markets Act 2023

• 🔖 Elon Musk suspends the #Shiba Inu Burn Tracker Twitter account, triggering controversy and questions about Twitter's moderation policies.

And there you have it! Keep watching this space for your daily dose of crypto knowledge and updates from the digital frontier.

Remember, with Kimchi and Proof of Intel, you're always in the know! Keep that crypto flame burning and until next time, sayonara! 🚀

Intel Drop #10