Uniswap Labs has finally responded to the SEC’s Wells notice, urging the agency to drop its enforcement action against the firm. Allegedly operating as an unregistered securities exchange and broker, the corporation has been in violation of securities laws, according to the April notification. According to Uniswap Labs, the SEC
An Ethereum custody service has been soft-launched by digital assets platform Prometheum in preparation for a full launch of crypto services later this quarter. As far as the digital currency ecosystem is concerned, this product launch was the first of its type, according to Fortune. Because of its contentious position
Since this week is when the decision on the spot Ethereum ETF will be made, let’s take a look at what the week ahead may bring in terms of possible outcomes. Both the 19b-4s (changes to exchange rules) and the S-1s (registration statements) must be approved before spot Ethereum ETFs
U.S. Senate voted 60-38 on Thursday to overturn the controversial SEC policy, Staff Accounting Bulletin No. 121 (SAB 121), following the House’s lead. Despite this legislative push, President Joe Biden has pledged to veto the resolution, arguing it would undermine investor protections and financial stability. A bipartisan coalition, including a
Coinbase, a leading cryptocurrency exchange, is gearing up to introduce a specialized service aimed at Australia’s self-managed pension sector, according to insights shared by John O’Loghlen, the Managing Director for the Asia-Pacific region at Coinbase, says Bloomberg. The move comes as self-managed superannuation funds in Australia have increasingly shown interest
The multimedia gaming ecosystem CROSS THE AGES (CTA) has revealed a $3.5 million equity funding round headed by Animoca Brands. This funding round expands on the $15 million in investor funds already secured, bringing the total amount of funds to $23.5 million, including community fundraising, thanks to further investments from Sebastien Borget of The
Federal court orders Elon Musk to testify again in the Securities and Exchange Commission’s (SEC) investigation into his $44 billion Twitter takeover. The court ruled in favor of the SEC’s request after Musk refused to attend an initial interview in September 2023, claiming “harassment.” The investigation centers on whether Musk
The UK elections scheduled to happen later this year, are expected to maintain currents in the crypto sector. Industry stakeholders and Government officials have made statements on the UK’s approach to crypto. Amidst the crypto tug-of-war in the US Elections, the UK has steered clear of controversies. The country has
Abu Dhabi, Abu Dhabi, May 14th, 2024, Chainwire Liminal Custody, a leading provider of digital asset custody and wallet infrastructure solutions, announced a landmark achievement today, the acquisition of Financial Services Permission (FSP) from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA). This prestigious license is a
A recent SEC filing by Bank of Montreal revealed the bank’s exposure to spot Bitcoin ETFs. A number of issuers’ spot ETF holdings were revealed by the bank in a recent disclosure. This follows the trend of conventional financial institutions purchasing Bitcoin ETFs. The fourth-largest bank in Canada, the Bank
