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crypto news
The US Securities and Exchange Commission has postponed its decision on multiple Ethereum exchange-traded funds (ETFs) until May 2024. 
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Coinbase persists in its pursuit of robust cryptocurrency legislation, particularly regarding its classification as securities. Despite the United States Securities and Exchange Commission's rejection of Coinbase's rulemaking petition concerning cryptocurrency on December 15, the exchange swiftly appealed this decision. 
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Crypto firms and institutions holding digital assets will gain a more accurate depiction of their asset values due to updated accounting regulations in the United States.
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Coinbase, a US-based crypto exchange, revealed that institutional investors using its global platform outside the US can now access spot crypto trading. 
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On December 8, investment firm VanEck submitted the fifth amended request for a spot Bitcoin exchange-traded fund (ETF).
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Judge Richard Jones has approved Changpeng Zhao, ex-CEO of Binance, admitting guilt to charges of money laundering. However, the decision regarding his departure from the U.S. before the February sentencing is pending.
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Hashdex, among the 13 asset managers competing for a spot in the Bitcoin exchange-traded fund arena, foresees the inaugural spot Bitcoin ETF arriving in the United States by the second quarter of 2024. A spot Ethereum ETF is expected to follow suit.
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Per CoinTelegraph, Australians are increasingly turning to cryptocurrency to bolster their retirement savings, with allocations from self-managed pension funds surging by 400% in four years, outpacing growth rates in stocks and bonds.
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Binance founder Changpeng "CZ" Zhao is mandated to stay in the United States temporarily while a federal judge reviews a U.S. Department of Justice request that would compel his presence in the country until his sentencing in the early part of next year. 
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The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Kraken, alleging securities laws breaches. 
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