U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has cautioned cryptocurrency exchanges that providing investor disclosures does not shield them from regulatory scrutiny. In a recent interview with CNBC, Gensler emphasized that disclosures are insufficient if crypto exchanges...
According to Matt Hougan, the chief investment officer at Bitwise, the crypto industry could tap into the trillions held by the financial advisory sector once U.S. regulators clarify legal uncertainties about the financial instrument. In a June 4 memo...
Australia's Federal Court has spared fintech company Block Earner from paying a fine despite ruling that it offered a cryptocurrency yield-bearing product without a necessary financial services license. The Federal Court recognized the seriousness of Block Earner’s violations but...
A potential victory for Donald Trump in the upcoming November elections could lead to the dismissal of several U.S. Securities and Exchange Commission (SEC) crypto lawsuits, according to crypto lawyer James Murphy, known as "MetaLawMan." Murphy advised against settling...
In the last twelve hours, the crypto community has been engaged in a discussion and debate about the United States Securities and Exchange Commission (SEC)'s unique approval process for spot Ether exchange-traded funds (ETFs). This process differed notably from...
The U.S. Securities and Exchange Commission (SEC) has approved eight proposals for listing spot Ethereum exchange-traded funds (ETFs) for public trading in the United States. The SEC's notice of approval, which was published on May 23, 2024, came just...
The U.K.'s top financial authority, the Financial Conduct Authority (FCA), has approved the country's first cryptocurrency exchange-traded products (ETPs) for listing on the London Stock Exchange (LSE). On May 22, WisdomTree announced that the FCA had given the green...
Nigeria's National Information Technology Development Agency (NITDA) has announced that it would restructure the country's National Blockchain Policy Steering Committee (NBP-SC). According to a report from local media outlet Punch, Kashifu Inuwa, NITDA's Director-General, represented by Oladejo Olawunmi, the...
Democrats in the U.S. House of Representatives have been given the autonomy to vote on two significant pro-crypto bills, as revealed in a May 20 email from Democratic leaders obtained by POLITICO. The Financial Innovation and Technology for the...
The Turkish ruling party, the AK Party, has reportedly submitted a draft bill to parliament in a bid to update the laws governing the country's cryptocurrency market. According to Reuters, the bill aligns with international standards and emphasizes licensing...
