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The Securities and Exchange Commission of the United States has officially started to review the WisdomTree XRP Trust, an offered spot exchange-traded fund (ETF) that allows investors to have exposure to XRP. Cboe BZX Exchange filed the application, which marks the first official SEC review of a U.S.-based spot XRP
David Sacks, the Trump administration’s AI and crypto czar, has ignited a political firestorm over the future of digital assets in the U.S. In a flurry of public statements and interviews, Sacks accused Senator Elizabeth Warren of harboring a “pathological hatred” for crypto and working to drive the industry offshore.
In a move that’s already getting nods across the Sui community, the Foundation has stepped up and promised to fully cover the losses users took in the recent Cetus Protocol hack. Cetus, a DEX built on the Sui blockchain, was hit by a targeted exploit that let attackers drain funds
Brian Quintenz, former commissioner at the Commodity Futures Trading Commission (CFTC), has been nominated by Donald Trump to lead the agency. Ahead of his Senate confirmation, Quintenz has disclosed financial interests in several crypto and market prediction firms. He also laid out steps to avoid conflicts of interest if approved
The White House AI and crypto czar, David Sacks, has so far been seen promoting Bitcoin and wider crypto adoption as a part of the tech and economy strategy of the Trump administration. Sacks attended the Bitcoin 2025 conference in Las Vegas, in which he highlighted the efforts of the
The crypto industry is urging the Commodity Futures Trading Commission (CFTC) to establish clear regulations for perpetual contracts, a type of derivative that allows indefinite position holding without expiration. Industry players argue that current regulatory ambiguity is hindering innovation and placing U.S.-based platforms at a competitive disadvantage globally. Perpetual contracts
Nasdaq has filed Form 19b-4 with the U.S. Securities and Exchange Commission (SEC) to list the 21Shares Spot Sui ETF, formally triggering the regulatory review process. The move follows 21Shares’ prior S-1 registration submitted on April 30, with both filings necessary before trading can begin. If approved, the ETF would
A Miami resident involved in cryptocurrency has been arrested for his role in the three-week kidnapping and torture of an Italian tourist in a luxury Manhattan apartment. Many similar crypto criminal cases have been unveiled, which raises concerns over crypto holders’ security. Growing Concern About Security As Crypto-Related Violence Increases
El Salvador refused to obey the IMF for the second time by purchasing more Bitcoins following the IMF’s announcement of its agreement with the country. The Bitcoin Office of the country announced that it purchased 8 more Bitcoins after the IMF said it will ensure the country’s BTC holdings remain
Block Inc. is planning to launch Bitcoin payments on Square, the payment processing arm of the firm. The rollout will start this year ahead of a full introduction in the next year. The firm publicized the plan at the Bitcoin 2025 conference in Las Vegas on May 27. The firm
