The project was met with some controversy over its gathering of individuals’ iris scan data – which is more unique than fingerprints.
The crypto community is also waiting to see whether the SEC will appeal the landmark ruling that Ripple is not a security.
Bitcoin has been enjoying a rally over the past month and managed to break through the $31,000 resistance level.
If Fidelity was granted permission for a spot Bitcoin ETF, it would be a major endorsement of the crypto market’s future.
It would be the first of its kind to be approved by the SEC, and BlackRock could be powerful enough to ensure it does.
Bittrex’s US has been granted a court order to allow user withdrawals after its bankruptcy in May.
Security firm, Least Authority, said in 2021 that it believed the wallet service was not sufficiently secure.
The charges related to the platform’s “Earn” service, which the SEC has described as having offered unregistered securities.
Ledger’s CEO, Éric Larchevêque, said that while the concerns are valid, the change is unlikely to impact the vast majority of users.
The company said it was valued at $5.6bn in September last year, despite falling crypto prices in 2022.
The exchange had already signaled that it was struggling, by laying off 80 employees earlier this year.
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