First Mover Americas: SEC Delays Decision on Hashdex’s ETF Application

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 16, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Philippines to Sell Tokenized Treasury Bond Next Week

The Bureau of the Treasury has set a minimum target of 10 billion pesos.Source

PancakeSwap Targets GameFi With Release of Gaming Marketplace

The marketplace will allow developers to directly build, publish, and update games on the platform.Source

Bitcoin Could Reach $45K by Year-End, Analyst Says

Options market positioning and dovish Fed expectations indicate the path of least resistance is on the higher side.Source

U.S. Lawmakers Urge Treasury to Revise Proposed Crypto Tax Rules

A letter by a bipartisan group of U.S. lawmakers has urged the U.S. Treasury to revise its proposed digital-assets taxation regime.Source

‘Cryptocurrencies Have Failed the Test of Digital Money,’ MAS’ Managing Director Says

Ravi Menon, the Managing Director of the Monetary Authority of Singapore, said crypto has performed poorly as a medium of exchange or store of value.Source

South Korea’s Pension Fund Bought $20M Coinbase Shares in Q3, Made 40% Profit: Report

The fund snapped up COIN at an average price of $70.5 in the third quarter, achieving a 40% profit from investment.Source

Stablecoin Issuer Paxos Plans New U.S. Dollar-Backed Token for Singapore Operations

Paxos, a cryptocurrency brokerage firm, has received a preliminary license from regulators to offer digital payment token services in Singapore, the company said Wednesday in a statement.Source

NYDFS Rolls Out Stricter Guidelines for Cryptocurrency Listings, De-listings

The New York State Department of Financial Services (NYDFS) has said it strengthened its guidelines for listing or de-listing cryptocurrencies in a move to beef up protections for crypto investors throughout the state, NYDFS Superintendent Adrienne A. Harris said Wednesday in a statement.Source

Protocol Village: Kinetix Gets Strategic Investment to Build on Gnosis

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 16-22, with live updates throughout.Source