Congress Urges SEC to Approve Bitcoin Spot ETF

Lawmakers have recently sent a letter to the U.S. Securities and Exchange Commission (SEC) urging the regulator to hasten the approval of Bitcoin Exchange Traded Products (ETPs). The letter was signed by congress representatives Mike Flood, Tom Emmer, Ritchie Torres, and Wiley Nickel. The lawmakers acknowledged the significance that approval would hold in the market, […]

EU’s MiCA Regulation Spurs Institutional Crypto Adoption and NFT-Styled Debit Cards in Europe

The Blockchain Expo in Amsterdam has highlighted the potential of the cryptocurrency ecosystem in Europe, with prominent speakers discussing the importance of progressive regulation and the use of blockchain technology to power innovative products and solutions. Regulatory matters remain a key focus, with the European Union’s Markets in Crypto-Assets (MiCA) regulation seen as a positive […]

SEC Could Approve Ethereum Futures ETF as Early as Next Week

The U.S. Securities and Exchange Commission (SEC) could approve an Ethereum (ETH) futures exchange-traded fund (ETF) as early as next week, according to Bloomberg analysts. Eric Balchunas, a senior ETF analyst for Bloomberg, said the financial regulator “wants to accelerate the launch of Ether futures ETFs” before a potential government shutdown. Several filers have been […]

Copper.co Enhances Stellar Integration, Expands Token Access for Institutional Clients

Copper.co, a prominent digital asset custodian, has announced a significant upgrade to its integration with the Stellar blockchain network. This upgrade allows institutional clients to access a wider range of tokens on the Stellar blockchain, including Stellar USDC. This development reinforces Copper’s commitment to providing comprehensive access to the evolving digital asset landscape.The enhanced integration […]

Stablecoin USDRIF Launched on Rootstock to Tackle Real-World Problems

A new stablecoin pegged to the US Dollar, RIF US Dollar (USDRIF), has been launched on Rootstock, the blockchain network that brings smart contract functionality to Bitcoin. USDRIF has been designed to tackle real problems faced by people in countries across the world such as hyperinflation, local currency volatility and the high cost of sending […]

Sam Bankman-Fried Fraud Trial: Political Donations, Token Manipulation, and Drug Use Alleged

Sam Bankman-Fried, the founder of FTX, is set to face a fraud trial on October 3. U.S. District Judge Lewis Kaplan has issued a 16-page pretrial order that outlines the boundaries of admissible evidence for the trial. Judge Kaplan has allowed prosecutors to introduce evidence related to Bankman-Fried’s political contributions, which could provide insight into […]

Ethereum Futures ETFs Could Start Trading in US Next Week

Ethereum futures exchange-traded funds (ETFs) could soon be available for trading in the United States. According to Bloomberg analysts, the Securities and Exchange Commission (SEC) is likely to approve the launch of Ethereum futures ETFs as early as next week. Eric Balchunas, an ETF analyst, said that the SEC wants to “accelerate the launch of […]

Congress Urges SEC Chair to Approve Bitcoin ETFs, Increase Investor Protection

In a bipartisan effort, members of Congress from both parties have sent a strong message to the Securities and Exchange Commission (SEC) Chair Gary Gensler, urging the approval of Bitcoin (BTC) spot exchange-traded funds (ETFs) and an end to discriminatory practices. The first letter, signed by representatives Tom Emmer, Mike Flood, Wiley Nickel, and Ritchie […]

SEC Delays Decision on Spot Ether ETFs From ARK 21Shares and VanEck

The United States Securities and Exchange Commission (SEC) has delayed reaching a decision on whether to approve or disapprove of spot Ether ETH exchange-traded fund applications from ARK 21Shares and VanEck. The commission said it had received no public comments on either proposal and would push the deadlines for another delay or decision to Dec. […]

Kraken Exchange to Offer Stock Trading Services in US, UK

Kraken, a cryptocurrency exchange, is reportedly planning to offer users trading services for stocks listed in the United States and exchange-traded funds (ETFs). The exchange is expected to launch its services in the U.S. and U.K. sometime in 2024 through a division called Kraken Securities. To do so, the exchange will need to obtain licensing […]