The U.S. Commodity Futures Trading Commission (CFTC) has raised concerns about the decentralized finance (DeFi) sector, citing ‘serious risks’ due to a lack of accountability. The regulatory body’s report highlights the potential threats that the absence of transparency and accountability in DeFi protocols could pose to consumer and investor protection, financial stability, and market integrity.DeFi, […]
Expectations are high for the United States Securities and Exchange Commission (SEC) to approve the listing of shares of a spot Bitcoin exchange-traded fund (ETF) on exchanges for the first time by Jan. 10. However, the nature of this approval remains uncertain.Despite positive indications, there is no absolute guarantee that the SEC will approve a […]
The crypto market is witnessing a surge in stablecoin inflows, driven by renewed bullish action and the anticipation of a spot Bitcoin exchange-traded fund (ETF) approval in the United States. The influx of Tether USDT and USD Coin USDC into exchanges indicates that traders might be preparing to enter the market based on their spot […]
While Bitcoin exchange-traded fund (ETF) applications are still under review by the US Securities and Exchange Commission (SEC), executives from asset management firms are speculating about the potential launch of spot ETFs for other major cryptocurrencies, including XRP and Ethereum (ETH). However, the classification of XRP and Ethereum as securities presents regulatory challenges and potential […]
The Monetary Authority of Singapore (MAS) has issued a warning against the cryptocurrency wallet firm imToken, placing it on its Investor Alert List. The central bank has cautioned crypto enthusiasts about engaging with the non-custodial service due to the absence of a financial business license, despite the company being headquartered in Singapore.ImToken responded to the […]
As the deadline of January 10th for the potential approval of Bitcoin ETF applications by the US Securities and Exchange Commission (SEC) nears, Valkyrie Investments co-founder and CIO Steven McClurg has expressed optimism for the entire crypto community. Valkyrie Investments is planning to launch its spot Bitcoin ETF, named Valkyrie Bitcoin Fund, with the ticker […]
The US Blockchain Association has recently addressed a letter from Senator Elizabeth Warren regarding the involvement of former national security officials in the digital asset industry. The Association, a leading nonprofit organization representing over 100 member companies in the United States, underscored the importance of blockchain technology in strengthening anti-money laundering and counter-terrorism efforts.Senator Warren […]
The US Blockchain Association has recently addressed a letter from Senator Elizabeth Warren regarding the involvement of former national security officials in the digital asset industry. The Association, a leading nonprofit organization representing over 100 member companies in the United States, underscored the importance of blockchain technology in strengthening anti-money laundering and counter-terrorism efforts.Senator Warren […]
VanEck CEO Jan van Eck has announced that the highly anticipated spot Bitcoin Exchange-Traded Funds (ETFs) are scheduled to begin trading on Thursday, January 11. This news comes after the US Securities and Exchange Commission (SEC) requested additional comments on the S-1 filings from all applicants the previous evening.Despite initial concerns about potential delays, reassurances […]
In a rapidly changing regulatory environment, financial giants BlackRock and VanEck have quickly revised their bitcoin ETF filings. This move comes in response to feedback from the U.S. Securities and Exchange Commission (SEC), highlighting the regulatory body’s agility and proactive engagement. The SEC’s imminent decisions are expected to shape the industry significantly.BlackRock and VanEck are […]
