The United States Securities and Exchange Commission (SEC) could be nearing the full approval of listing shares of a spot Bitcoin exchange-traded fund (ETF). This development comes after the Cboe BZX Exchange issued a notice approving securities listings from several asset managers.In letters filed with the SEC on January 10, Cboe confirmed that it had […]
In a recent development, several firms have cut down their proposed fees, a move that is seen as a response to the escalating industry competition and the anticipation of the U.S. Securities and Exchange Commission’s (SEC) decision on spot Bitcoin ETFs.As the SEC deadline draws near, various applicants including Valkyrie, WisdomTree, BlackRock, VanEck, Invesco, Galaxy, […]
BitGo, a digital asset custody provider, has been granted in-principle approval by the Monetary Authority of Singapore (MAS) to operate as a Major Payment Institution (MPI). This regulatory approval allows BitGo to expand its services in Singapore, providing the Asia-Pacific (APAC) region with regulated, secure, and trusted solutions.The MPI license gives BitGo the green light […]
Mehmet Şimşek, Turkey’s Minister of Treasury and Finance, has revealed some details about the country’s upcoming crypto legislation. The government is set to license trading platforms, provide legal definitions for key terms in cryptocurrency, and adhere to FATF (Financial Action Task Force) guidelines.Şimşek confirmed that the crypto framework for the Turkish market is currently in […]
The Bitcoin market recently experienced a whirlwind of activity following a false claim of the approval of 11 spot ETFs, allegedly hacked from the US Securities and Exchange Commission’s (SEC) X account. This misinformation led to a significant fluctuation in Bitcoin’s price, which initially soared from $46,800 to $48,000, only to crash to $45,000 within […]
A security breach at the United States Securities and Exchange Commission (SEC) has led to the spread of false information about the approval of spot Bitcoin ETFs, sparking a thorough investigation by US Senators J.D. Vance and Thom Tillis. The senators have sent a detailed letter to SEC Chairman Gary Gensler, demanding clarity and explanations […]
The Bitcoin market experienced significant volatility due to fake news originating from a compromised X (formerly Twitter) handle, according to Greeks.live, a popular crypto options trading platform. This unexpected event led to a substantial increase in RV, while IV saw a slight decrease.The market is eagerly awaiting the approval of a spot Bitcoin ETF by […]
BitGo, a renowned crypto custodian, has received in-principle approval from the Monetary Authority of Singapore (MAS) to operate as a Major Payment Institution (MPI). This approval is a significant step towards obtaining a full MPI license, which would allow BitGo to offer digital payment token services in Singapore.The US-based company’s Singapore arm is eagerly awaiting […]
The crypto community is abuzz with anticipation and confusion as the final deadline for the SEC’s decision on spot Bitcoin ETF applications approaches. This comes in the wake of a false news report that prematurely announced the approval of these applications.Despite the confusion, experts are optimistic that the approval is on the horizon, a development […]
In the wake of large pre-bankruptcy withdrawals, Celsius, a cryptocurrency company, is grappling with the challenges of regulatory compliance and financial stability. The company is actively pursuing a post-bankruptcy Bitcoin mining strategy, highlighting the complex and evolving nature of the crypto landscape where legal scrutiny and financial restructuring intersect.Meanwhile, Web3 platform BlockGuard has entered into […]
