GBTC Investors' Early Bet Pays Off! #dailycryptonews

1. GBTC Investors' Early Bet Pays Off!
- Traders who bought GBTC in December now see substantial gains as its discount to Bitcoin shrinks. GBTC's value surged 137% from its December 2021 low, outpacing Bitcoin's 48% rise.

2. SEC Delays Bitcoin ETF Decisions!
- The SEC pushes back its decision on spot Bitcoin ETFs from Wisdom Tree, Invesco, Galaxy Digital, and Valkyrie Funds to at least October 17, causing further delays.

3. IBM's Recipe for a Digital Euro!
- IBM suggests building a digital euro on existing infrastructure, prioritizing simplicity, involving intermediaries, standardizing APIs, and safeguarding privacy for success.

4. Hiber3D and Google AI Transform Metaverse Creation!
- Hiber3D teams up with Google AI, letting creators generate virtual worlds with text prompts, democratizing the creation of in-game content.

5. UK Crypto Firms Get Stricter with Travel Rule!
- Starting September 1, 2023, UK crypto businesses must collect and verify info for crypto transfers, complying with the FCA's Travel Rule to enhance transparency and deter illicit activity.

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