Bitwise, the world’s first and largest crypto index fund manager, has submitted a Form S-1 application to the US Securities and Exchange Commission for a spot NEAR exchange-traded fund. On May 6, the fund manager placed NEAR, a layer-1 blockchain, on the list of cryptocurrencies demanding an ETF approval. The
The $6.9 million funding round headed by Polychain Capital was successfully closed, according to a statement released today by DogeOS, the App Layer for the Dogecoin ecosystem. In addition to strengthening the Doge network state and promoting Dogecoin as the currency of the people, this investment will support the growth of
The U.S. Securities and Exchange Commission (SEC) is preparing for a high-profile roundtable on May 12, bringing together leaders from BlackRock, Nasdaq, Fidelity, Robinhood, and more to discuss tokenization and decentralized finance (DeFi). Hosted at the SEC’s headquarters in Washington, D.C., the event, titled “Tokenization — Moving Assets Onchain: Where
The U.S. Securities and Exchange Commission (SEC) is expected to make a decision today, May 5, 2025, on Canary Capital’s proposal for a spot Litecoin (LTC) exchange-traded fund (ETF). If the SEC approved the application, that could open the door for Litecoin’s first-ever spot ETF. So far, the SEC hasn’t
Ripple Chief Legal Officer Stuart Alderoty has raised anew concerns about how the United States Securities and Exchange Commission (SEC) deals with cryptocurrency regulation. His statement comes following the SEC’s voluntary withdrawal of an appeal in its extended legal saga against Ripple. Which is something he suspects serves to show
In a significant development, the U.S. Securities and Exchange Commission (SEC) has moved to dismiss its long-standing unregistered securities lawsuit against cryptocurrency influencer and Token Metrics CEO Ian Balina. According to a joint stipulation filed on May 1 in a Texas federal court, the SEC requested that the case be
VanEck, an asset management firm overseeing $116.3 billion in assets, has announced plans to incorporate Ethereum staking into its upcoming exchange-traded funds (ETFs). The project enables investors to obtain staking rewards by reducing the need to manage cryptocurrencies or solve complicated requirements. 💥BREAKING: VAN ECK SAYS WE’LL SEE ETH STAKING
For businesses issuing unregistered securities under Regulation D and Regulation S exemptions in the United States, verifying the status of accredited investors is not just a compliance requirement—it’s a legal necessity. However, the traditional processes for verifying investor accreditation create significant challenges. They often require businesses to collect, handle, and
PayPal just got a significant win in the world of digital finance. On April 29, the company revealed in a regulatory filing that the U.S. Securities and Exchange Commission (SEC) has closed its investigation into its U.S. dollar-backed stablecoin, PYUSD. The agency said it doesn’t plan to take any enforcement
The U.S. Securities and Exchange Commission (SEC) delayed its decision about Franklin Templeton’s spot XRP ETF, with the deadline now set on June 17, 2025. It came through in a filing that was signed by Sherry Haywood, Assistant Secretary of the SEC. The extension now allows another 45 days for
