Ripple Unveils a Tokenized Money Market Fund on XRP Ledger
Reading time: < 1 minuteRipple has partnered with UK-based companies Archax and Abrdn to launch the first tokenized money market fund on the XRP Ledger (XRPL).
Cboe Plans to Launch Bitcoin ETF Index Options
Reading time: < 1 minuteCboe Global Markets is preparing to launch cash-settled index options tied to the spot Bitcoin price. On December 2, the exchange will introduce the Cboe Bitcoin US ETF Index, providing a new method for investors to access Bitcoin exposure through options.
Hong Kong’s ZA Bank Introduces Crypto Trading For Retail Users
Reading time: < 1 minuteZA Bank, the largest digital bank in Hong Kong, has announced that it will be the first Asian bank to offer crypto buying and selling services to retail users.
SEC Racks Up $8.2 Billion in Penalties from Crypto Companies in 2024
Reading time: < 1 minuteIn fiscal year 2024, the Securities and Exchange Commission under Chair Gary Gensler saw a historic high of $8.2 billion in collected monetary penalties, surpassing the previous record of $4.9 billion in fiscal year 2023.
Bitwise Files for a Solana ETF
Reading time: < 1 minuteBitwise is taking advantage of the US policy shift by filing for a Solana Exchange Traded Fund (ETF).
SEC Chair Gary Gensler Will Leave Agency
Reading time: < 1 minuteIn January, on the day Donald Trump officially becomes president, Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC) and a vocal critic of the cryptocurrency industry, will step down from his position.
FTX Will Start Reimbursements in March 2025
Reading time: < 1 minuteThe FTX estate has announced that it will start reimbursing its users by March.
BitGo Opens a Subsidiary in Singapore
Reading time: < 1 minuteBitGo, a US-based crypto custody company, has announced the launch of its Singapore subsidiary on Thursday.
SEC Puts Off its Decision on Franklin Templeton’s Crypto Index ETF
Reading time: < 1 minuteThe decision on Franklin Templeton’s application to launch a cryptocurrency index exchange-traded fund (ETF) has been postponed by the US Securities and Exchange Commission (SEC) to January 6, 2025.
SEC Distributes $4.6M Among BitClave Investors
Reading time: < 1 minuteEligible investors in BitClave’s 2017 ICO will soon receive their investment back, along with interest, the SEC has said.
