SEC Warns Investors About Misleading Claims and Lack of Insurance in Crypto Assets

The Securities and Exchange Commission (SEC) has issued a new warning to investors regarding crypto assets. The alert highlights two main concerns: misleading “Proof of Reserves” claims and the absence of SIPC or FDIC insurance in the crypto industry.The SEC is cautioning investors about the potential risks associated with crypto assets. One concern is the […]

Growing List of Digital Asset Legislation Moves Through Congress

A group of U.S. Senators has proposed legislation aimed at sanctioning foreign entities that facilitate financial transactions, including digital asset transactions, with Foreign Terrorist Organizations (FTOs) designated by the U.S. The bill, titled the Terrorism Financing Prevention Act, seeks to expand the Treasury Department’s resources and authority to counteract emerging threats from digital assets and […]

Growing List of Digital Asset Legislation Moves Through Congress

A group of U.S. Senators has proposed legislation aimed at sanctioning foreign entities that facilitate financial transactions, including digital asset transactions, with Foreign Terrorist Organizations (FTOs) designated by the U.S. The bill, titled the Terrorism Financing Prevention Act, seeks to expand the Treasury Department’s resources and authority to counteract emerging threats from digital assets and […]

Fidelity’s Spot Bitcoin ETF Model Gains Momentum in SEC Talks

The U.S. Securities and Exchange Commission (SEC) recently held discussions with Fidelity regarding the firm’s spot Bitcoin ETF application. The meeting focused on a proposed rule change that would allow CboeBZX to list and trade shares of Fidelity’s Wise Origin Bitcoin Trust. Fidelity’s ETF model offers exposure to cryptocurrency through a structure involving various industry […]

Fidelity’s Spot Bitcoin ETF Model Gains Momentum in SEC Talks

The U.S. Securities and Exchange Commission (SEC) recently held discussions with Fidelity regarding the firm’s spot Bitcoin ETF application. The meeting focused on a proposed rule change that would allow CboeBZX to list and trade shares of Fidelity’s Wise Origin Bitcoin Trust. Fidelity’s ETF model offers exposure to cryptocurrency through a structure involving various industry […]

Spot Bitcoin ETF Talks in the US Reach Advanced Stages, Approval Expected Soon

Conversations surrounding the launch of spot Bitcoin exchange-traded funds (ETFs) in the United States have reached an advanced stage, according to unnamed sources cited by Reuters. The U.S. Securities and Exchange Commission (SEC) has reportedly begun asking detailed and technical questions to potential spot Bitcoin ETF issuers, indicating that the regulator may soon approve their […]

Spot Bitcoin ETF Talks in the US Reach Advanced Stages, Approval Expected Soon

Conversations surrounding the launch of spot Bitcoin exchange-traded funds (ETFs) in the United States have reached an advanced stage, according to unnamed sources cited by Reuters. The U.S. Securities and Exchange Commission (SEC) has reportedly begun asking detailed and technical questions to potential spot Bitcoin ETF issuers, indicating that the regulator may soon approve their […]

Russian Digital Settlement Exchange Exved Launches Cross-Border Crypto Payment Service with Tether’s USDT Stablecoin

LayerZero, a blockchain interoperability protocol, has announced plans to launch its native token in the first half of 2024. The protocol, known for its innovative technology, will reward users through an airdrop, generating renewed interest in its ecosystem projects. The registration for the token’s distribution is now open until December 15th, with the distribution amount […]

Russian Digital Settlement Exchange Exved Launches Cross-Border Crypto Payment Service with Tether’s USDT Stablecoin

LayerZero, a blockchain interoperability protocol, has announced plans to launch its native token in the first half of 2024. The protocol, known for its innovative technology, will reward users through an airdrop, generating renewed interest in its ecosystem projects. The registration for the token’s distribution is now open until December 15th, with the distribution amount […]

Regulators’ Concerns Drive Proposed Crypto Regulations in the US

Gains Network has developed gTrade, a decentralized leverage trading platform that aims to address the pain points faced by traders in the crypto space. The platform offers a superior trading experience by focusing on design, speed, security, low costs, and liquidity.One of the key challenges in decentralized trading platforms is the lack of reliable platforms […]