Bitcoin and Ethereum ETF Outflows End! Here's the Latest Data

The post Season 4 Of ‘The Witcher’ Is Over Budget And Has The Highest Costs According To Netflix appeared on BitcoinEthereumNews.com. Liam Hemsworth’s debut season as the Witcher is the most expensive yet Netflix Netflix revealed yesterday that the fourth season of The Witcher is over-budget and cost more to make than any other instalment in the sword and sorcery series. The fourth season is due to debut next month and has courted controversy for its casting. Australian hunk Liam Hemsworth has replaced fan favorite Henry Cavill in the title role sparking strong criticism of the first footage from the new season which was released last week. There is a lot on the line. Saying that The Witcher is one of Netflix’s most popular shows is somewhat of an understatement. When the first season premiered in 2019 it became the streamer’s most-watched original series launch with 541 million hours viewed in its first 28 days. It went on to amass more than 1.2 billion hours of viewing so although it doesn’t come cheap, it is money well spent. As this report explained, every season of The Witcher and its prequel Blood Origin have been made in the United Kingdom where studios benefit from a 25.5% reimbursement of the production costs incurred in the country. Part of the reimbursement process involves the studio setting up a production company in the U.K. for each programme that it makes there. The companies all have to file financial statements showing everything from the headcount and salaries to the total costs and the level of the reimbursement. Hemsworth is replacing Henry Cavill for Season 4 Netflix The filings are legally binding so there is no doubt about their accuracy. Likewise, the terms of the reimbursement say that the financial statements have to show the production’s entire costs, not just those incurred in the U.K. Furthermore, studios aren’t allowed to hide costs in other companies as the…

PANews reported on November 7th, citing Bloomberg, that Kazakhstan is using assets seized and recovered from overseas to establish a national cryptocurrency reserve fund with a size between $500 million and $1 billion. Timur Suleimenov, Governor of the Central Bank of Kazakhstan, stated that the fund's investments will include ETFs and stocks of companies involved in digital currencies. In an interview with Bloomberg in London on Wednesday, he said the fund will be "very cautious about direct investments in cryptocurrencies." He added, "I think by the end of this year, or January next year, we will have this fund operational; all parties are ready." Previous reports indicated that Kazakhstan launched a national cryptocurrency reserve fund, with its first investment in BNB ; the Central Bank of Kazakhstan is also considering using its gold and foreign exchange reserves to purchase cryptocurrencies .

The post Coinbase Issues Cryptocurrency Call to US Justice Department: “Solve Urgent Problems!” appeared on BitcoinEthereumNews.com. Coinbase, the largest cryptocurrency exchange in the United States, stated that there should be uniform cryptocurrency regulation in the country. At this point, Coinbase sent a letter to the US Department of Justice requesting that federal regulators prevent state regulations from conflicting with national crypto policies and ensure uniform regulatory clarity. Coinbase’s request comes after the state of Oregon filed a lawsuit against Coinbase for unregistered securities, despite the SEC withdrawing its lawsuit against the cryptocurrency exchange. Coinbase states that although the country’s top regulator, the SEC, withdrew its lawsuit, states are filing lawsuits in defiance of the SEC’s decision. In the letter, addressed by Coinbase Legal Counsel Paul Grewal, he stated: “Despite the Trump administration’s positive regulatory efforts, crypto companies are being negatively impacted by states’ flawed interpretations of securities laws and their divergent actions. If Oregon can sue us for services that are legal under federal law, we have a problem. It has long been clear that the current patchwork of state laws is not only inefficient, but also slows innovation and harms consumers. At this point, the Justice Department should take steps to address the pressing issues by calling on Congress to step in and enact comprehensive and uniform regulations.” Oregon Attorney General Dan Rayfield filed a lawsuit against Coinbase last April, alleging that Coinbase was promoting the sale of unregistered cryptocurrencies to individuals in Oregon. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/coinbase-issues-cryptocurrency-call-to-us-justice-department-solve-urgent-problems/