TapSwap a Crypto Project with Telegram Bot Tapping on Solana blockchain

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TapSwap is a new Crypto exchange project that combines the key features of modern DeFi platforms and offers a multitude of new opportunities for its community. The goal of TapSwap is to provide a fast, efficient, and secure way to exchange cryptocurrency, utilizing the advantages of the Solana blockchain. Key Features on TapSwap include: • Mining Bot: This is a telegram bot for mining and the TAPS token distribution. • Staking Rewards: The staking platform for receiving additional rewards. • Decentralized governance: TapSwap token holders have voting rights and can actively participate in the development of the platform. • Profit distribution: The profit distribution system allows token holders to receive a certain percentage of the operations on the platform. TAPS Token TAPS Token is the native token of the TapSwap ecosystem which has begun distributing the token to the community through a bot-tapping mechanism. Total Supply - 1,000,000,000 Telegram Bot Allocation- 150,000,000 TAPS
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SEC rejects Fidelity's application for spot Bitcoin ETF

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Bitcoin ETF


The United States Securities and Exchange Commission (NEC) has sidelined another spot Bitcoin exchange-traded fund (ETF) proposal from investment giant Fidelity.

On Thursday morning, according to a newly released filing, the SEC handed down its disapproval.

Like it happened to the Gemini exchange recent months ago, the SEC raised concerns about fraud, manipulation and investor protection. Such concerns have been floated by the SEC for years, dating back to its rejection of a Bitcoin ETF proposal put forward by Cameron and Tyler Winkelvoss, owner of the Gemini exchange.

"This order disapprove the proposed rule change. The Commission concludes that BZX has not met its burden under the Exchange Act and the Commission's Rules of Practice to demonstrate that its proposal is consistent with the requirements of Exchange Act Section 6(b)(5), and in particular, the requirement that the rules of a nation Securities exchange be "designed to prevent fraudulent and manipulative acts and practices" and "to protect investors and the public interest, " according to the SEC.

Also just last week, the SEC shit down a proposal spot ETF focused on Bitcoin from First Trust and Skybridge Capital on identical grounds. A decision on an ETF submission from stone Ridge and NYDIG is expected by mid-March. 


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