Tue, April 7

Charles Schwab to Enter Spot Crypto Market as Regulations Evolve

Charles Schwab Corp. is preparing to offer spot cryptocurrency trading once U.S. regulations become more favorable. In a recent interview, incoming CEO Rick Wurster shared that the financial services giant is closely watching the regulatory landscape and expects changes under the incoming administration. This shift is anticipated to make it

November 22, 2024 1 min read

Gary Gensler to Resign as US SEC Chair in January 2025

SEC Chair Gary Gensler will be resigning from his post next year, according to the US Securities and Exchange Commission (SEC). Gensler has been under pressure to step down ever since Donald Trump was elected president of the United States. Gary Gensler’s departure from the US SEC is scheduled for

November 22, 2024 2 mins read

Phantom Wallet Hits Top 10 in iOS App Store Amid Rapid Climb in Rankings

This past Wednesday, the crypto wallet platform Phantom hit an all-time high ranking in the iOS app store. For the first time ever, Phantom cracked the top ten of the best free iPhone applications, coming in at number nine. It lagged behind the short-form video app TikTok, which took eighth

November 21, 2024 2 mins read

US SEC Postpones Decision on Franklin Templeton’s BTC and ETH Index ETF

The judgment on Franklin Templeton’s Bitcoin and Ethereum index ETF has been postponed by the US Securities and Exchange Commission (SEC). It has been decided that the proposal will be decided on January 6, 2025. In order to provide the regulatory body enough time to evaluate it, based on the

November 21, 2024 1 min read

Crypto Whale Buys $2.62M in $SLERF as Binance Launches Perps

Binance Futures has officially listed USD-margined $SLERFUSDT and $SCRTUSDT perpetual contracts, offering leverage of up to 75x. Following the announcement, a crypto whale made a significant purchase, acquiring 6.13 million $SLERF tokens at $0.427 each. The transaction totaled 10,790 $SOL, or $2.62 million. After #Binance announced the launch of $SLERF

November 21, 2024 2 mins read

Phillip Banks Enforces Copyright on Viral Chill Guy Meme

Phillip Banks, the artist behind the viral “Just a Chill Guy” meme, has announced plans to enforce copyright protection on his creation. The meme, featuring a humanoid dog exuding nonchalance with a casual smirk and hands in its pockets, became an internet sensation, offering relatable advice about simplicity and stress

November 21, 2024 2 mins read

Trump Administration Plans New White House Role for Crypto Regulations

Donald Trump’s team is planning a new White House crypto policy role, signaling a more organized approach to Crypto regulation and innovation in the U.S. According to Bloomberg report, Source : Bloomberg Even before taking office, Donald Trump is making things up in the crypto world. His transition team reportedly

November 21, 2024 2 mins read

South Korea Prohibits Crypto-Linked ETFs Amid Regulatory Concerns

South Korean financial regulators are being quite controlling when it comes to cryptocurrency investment products. Therefore Bitcoin spot and futures ETFs are still not available there. Amidst much consternation, the Financial Supervisory Service (FSS) has also prohibited the introduction of exchange-traded funds (ETFs) that invest in businesses associated with virtual

November 21, 2024 2 mins read

BitClave ICO Investors Receive $4.6M in SEC Settlement Distribution

The U.S. Securities and Exchange Commission (SEC) has disbursed $4.6 million to investors affected by BitClave’s 2017 unregistered initial coin offering (ICO). The payout follows a settlement reached in 2020, where BitClave agreed to repay the $25.5 million raised during its ICO, in addition to paying $4 million in penalties

November 21, 2024 2 mins read

Bitwise Seeks Approval for Solana ETF Registration

The leading asset manager and ETF issuer, Bitwise Investment, has officially filed the S-1 form titled “BITWISE SOLANA ETF” with the U.S. Securities and Exchange Commission (SEC) in Delaware on November 20, 2024.  This filing positioned Bitwise with other asset managers, such as VanEck and Canary Capital, to directly expose

November 21, 2024 2 mins read
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