21X, a German fintech firm, has secured regulatory approval from BaFin, Germany’s financial supervisory authority, to operate a blockchain-based tokenization platform. This approval marks the first time an entity has been granted a license for a fully regulated trading and settlement system under the EU’s DLT Pilot Regime (DLTR). Also,
President-elect Donald Trump is expected to reveal his pick for the next Securities and Exchange Commission (SEC) Chair as early as tomorrow. FOX Business journalist Eleanor Terrett cited sources confirming the imminent announcement. This decision follows Trump’s campaign promise to replace Gary Gensler, the current SEC Chair, on his first
WisdomTree filed Form S-1 for XRP Exchange-traded funds to get an approval from the US SEC. The XRP token has already been grabbing attention from the entire industry with its strong bullish rally for the past month. The change in the dynamics of US politics, which contributed to XRP’s current
Hong Kong, Hong Kong, 2nd December 2024, Chainwire
On-chain data is showing, savvy investors always have an eye on what the whales—those with massive holdings—are quietly accumulating. One token generating significant buzz among these big players is Lightchain AI, a groundbreaking blockchain project priced at just $0.07 during its presale phase. Analysts are predicting a surge in value
US authorities have sued investment firm Touzi Capital, claiming the company misled investors over the fund’s profitability and liquidity of its cryptocurrency asset mining fund. The US Securities and Exchange Commission (SEC) released a statement on November 29 alleging that Touzi Capital raised about $95 million from more than 1,200
Operation Chokepoint 2.0 is a government-run debanking campaign targeting the cryptocurrency sector, as per David Schwartz, chief technical officer of Ripple, is among the industry executives who have spoken out against it. According to Schwartz, the government is “addicted to indirect regulation.” And de-banking causes the rule of law to
Singapore, Singapore, 29th November 2024, Chainwire
Serenity, a technology and blockchain solution provider, and IDEMIA Secure Transactions (IST), a worldwide leader in payment and connectivity solutions, have announced the release of sAxess, a biometric security card designed to increase data access control, security, and recovery. Together with Serenity’s expertise of blockchain technology, the relationship with IDEMIA Secure Transactions
Digital asset manager Bitwise has officially filed an application with the U.S. Securities and Exchange Commission (SEC) for an exchange-traded fund (ETF) based on its existing 10 Crypto Index Fund. The filing, submitted on Nov. 27, seeks approval for a new ETF created to provide investors with indirect exposure to
