BlackRock challenged the SEC's inclination towards the 1940 Act, overseeing futures ETFs, asserting its lack of relevance to both crypto-spot and crypto-futures ETFs.Continue Reading

A rejuvenated FTX stands a chance under new leadership, provided they approach it with a thorough comprehension of legal considerations, according to SEC Chair Gary Gensler in an interview with CNBC during DC Fintech Week.Continue Reading

The U.S. Securities and Exchange Commission (SEC) has once more deferred its verdict on various proposals for spot Bitcoin exchange-traded funds (ETFs), which include submissions from prominent financial firms like BlackRock and Invesco, as well as cryptocurrency-oriented Bitwise.Continue Reading

Two bipartisan representatives from the House Financial Services Committee jointly penned a letter to SEC Chair Gary Gensler, advocating for prompt action on ETFs.Continue Reading

Thevamanogari Manivel received an 18-month community corrections sentence, including six months of unpaid community service, while her husband is scheduled for a plea trial in October.Continue Reading

Chainlink's CCIP protocol has been launched on Ethereum's layer 2 scaling solution, Arbitrum One, with the aim of facilitating the development of cross-chain decentralised applications (DApps).Continue Reading

This recent choice maintains the short-term benchmark rate at 5.25%, which is the highest it has been in 22 years, extending a streak of minimal rate adjustments.Continue Reading

The heads of the world's top 20 economies, jointly referred to as the G20, are advocating for the swift adoption of a cross-border framework for cryptocurrency assets. Continue Reading

Caroline Pham, a member of the Commodity Futures Trading Commission (CFTC), has suggested that the regulatory authority overseeing derivatives markets in the United States should establish a restricted pilot initiative for cryptocurrency regulation.Continue Reading

The Senate Committee on Economic Legislation has issued a recommendation against the approval of Senator Andrew Bragg's Digital Assets (Market Regulation) Bill 2023. The committee officially communicated this decision on September 4, advising the government to continue its research on the subject rather than enact the proposed legislation.Continue Reading