Weekly Update: 05 October 2023

1) SEC delays spot Bitcoin ETF decision for BlackRock, Invesco and Bitwise [Cointelegraph]

– The latest delays came two weeks earlier than the scheduled second deadline date for many applicants, who had been expecting to hear from the securities regulator by Oct. 16–19.

2) UBS Launches Tokenization Trial on Ethereum [Decrypt]

– The initiative is part of the Monetary Authority of Singapore’s Project Guardian to tokenize real-world assets.

3) Circle rolls out open-source protocol to help build tokenized credit markets [CoinDesk]

– Perimeter Protocol is the first development of Circle Research, the company’s new open-source development division.

4) Crypto exchange WOO X partners with OpenTrade to offer tokenized Treasury Bills in Asia [The Block]

– Seychelles-registered WOO X, also known as WOO Network, said the partnership can fuel its growth in Asia.

5) EU plans for wholesale CBDC out within weeks, French central banker says [CoinDesk]

– A central bank digital currency usable by financial markets is moving faster than a more controversial plan targeting regular citizens.

6) Franklin Templeton’s Bitcoin ETF Application Gets SEC Nod [CoinGape]

– SEC acknowledges Franklin Templeton’s Bitcoin ETF, delays decisions on others; ongoing scrutiny prompts discussions under Chair Gensler.

7) Real-world asset-focused network, Creditcoin, hits key milestone in journey to multichain future [Cointelegraph]

– After moving to nominated proof-of-stake (NPoS), an RWA-focused blockchain platform has reached a notable milestone in its journey.

8) Valkyrie gets approval to start buying ETH futures for its existing Bitcoin futures ETF [CoinDesk]

– The fund’s new strategy to combine ether and bitcoin will be effective formally on Oct. 3.