FTX and CFTC Reach a $12.7B Agreement
Reading time: < 1 minuteAfter 19 months of litigation, bankrupt cryptocurrency exchange FTX and the United States Commodities Futures Trading Commission have reached a settlement of $12.7 billion.
Hong Kong Issues Alerts Against 7 Unregulated Crypto Exchanges
Reading time: < 1 minuteOn July 5, the Securities and Futures Commission (SFC) of Hong Kong issued alerts against seven crypto trading platforms that were operating illegally without proper operational licenses in the region.
BlackRock’s CEO Calls Bitcoin Digital Gold
Reading time: < 1 minuteIn a recent interview with CNBC, BlackRock’s CEO Larry Fink admitted to being initially wrong about Bitcoin, but now seeing it as a valuable asset – similar to gold – and a legitimate financial instrument.
SEC Asks Ethereum ETF Issuers to Submit Final S-1 Filings
Reading time: < 1 minuteThe Securities and Exchange Commission (SEC) has given specific instructions to asset managers who are preparing to launch Ether exchange-traded funds (ETFs).
Chainalysis: Money Launderers Are Turning to Crypto
Reading time: < 1 minuteChainalysis’ latest report reveals that traditional money launderers may also be using crypto networks to move their cash around.
Ethereum ETFs Could Start Listing This Week, Sources Say
Reading time: < 1 minuteAccording to a source familiar with the matter, issuers of spot Ether exchange-traded funds (ETFs) anticipate receiving final approval from regulators very soon.
Nigeria’s Crypto Industry Participants Urge SEC to Regulate Crypto as Commodities
Reading time: < 1 minuteMembers of the crypto industry in Nigeria are urging the country’s Securities and Exchange Commission (SEC) to follow suit and adopt a similar approach in its regulations.
SEC to Drop its Investigation into Paxos
Reading time: < 1 minuteThe SEC has announced its decision to end its investigation into Paxos, the issuer of stablecoins, and will not pursue any enforcement action against them.
Inflows into Ethereum ETFs Could Reach $10B, Analyst Says
Reading time: < 1 minuteAccording to Tom Dunleavy, managing partner at crypto investment firm MV Global, the launch of Ether exchange-traded funds (ETFs) will bring in up to $10 billion in new investments.
Coinbase Launches a New Version of its Wallet App
Reading time: < 1 minuteCoinbase has announced the release of a new version of its crypto wallet, enabling users to access their portfolios from various platforms in a single location.
