In a landmark decision, the U.S. Securities and Exchange Commission (SEC) has given the green light to the country’s first regulated spot Bitcoin exchange-traded funds (ETFs). The approval, granted just a day after a false announcement briefly sent markets into disarray, marks the end of a challenging decade-long journey for
The BitGo crypto custody firm has received an in-principle approval for a Major Payment Institution (MPI) license via its local entity from Singapore’s financial regulator, the Monetary Authority of Singapore (MAS). A post on Twitter declared the in-principle approval by the corporation. This authorization follows BitGo’s acquisition of a crypto
eesee, an innovative one-stop liquidity solution and gamified marketplace for sellers, has announced the successful closing of its $2.85 million fundraise. The raise included a $1.1 million seed round and a $1.75 million private round, with participation by SevenX Ventures, Maven Capital, MetaBros, Contango Digital Assets, BasementDAO, and more. The
Prometheum’s digital asset securities custody platform is launching in Q1 2024 NEW YORK–(BUSINESS WIRE)–Prometheum Inc., today announced its plan to launch its digital asset securities custody platform in Q1 2024. Following its recent membership approval with Financial Industry Regulatory Authority (“FINRA”) to operate as a Special Purpose Broker-Dealer (“SPBD”) to
After the hack of the SEC’s Twitter account on January 9, two U.S senators have demanded that the agency disclose the incident to Congress. On the same day, Senators J.D. Vance and Thom Tillis sent a letter to SEC Chair Gary Gensler, expressing their “serious concerns” about the commission’s internal
The crypto community is eagerly waiting for the SEC to announce its verdict on the spot Bitcoin ETF. Today, January 10, is the last day for the SEC to decide whether to accept or reject the ARK 21Shares Bitcoin ETF (ARKB). According to industry experts, the 11 spot Bitcoin ETFs’
NorPay, a leading crypto debit card provider, is changing the way users spend their digital assets in day-to day life. The debit card option offered by NorPay enable users to spend their cryptocurrencies seamlessly and securely across the globe. The NorPay card currently supports transactions in over 170 countries through
Ringfence, the first generative AI platform to ensure creators are paid for the use of their original work within AI-generated content (AIGC), has announced the successful closing of its $1.5 million seed round. The round was led by Rarestone Capital and Morningstar Ventures with participation from Spark Digital Capital, Curiosity
VICTORIA, Seychelles–(BUSINESS WIRE)–#blockchain–In a year of exceptional growth and strengthened commitment to security, KuCoin has solidified its position as a leading figure in the cryptocurrency exchange landscape. The KuCoin Annual Review shared its key achievements in 2023, underscoring the ongoing dedication to security and trust. The report is divided into
Ta-da, an AI data marketplace, has declared the conclusion of a $3.5 million funding round. The initiative, which was nurtured by Dubai-based Morningstar Ventures since 2021, was funded by many prominent blockchain venture capitalists. The proceeds generated will go toward growing Ta-da’s endeavors and improving its infrastructure. Following a seed
