Bitcoin ETF manager Grayscale is seeking permission from the SEC to spin out a percentage of GBTC shares to seed the new Bitcoin Mini Trust product, according to a filing on Tuesday.
Terra’s Do Kwon Wins Extradition Appeal in Montenegro
Kwon is facing fraud charges in the U.S. around his role in Terra’s collapse.
Virginia Proposes a Mere $17,192 a Year for New Blockchain and Cryptocurrency Commission
The money is set to cover the costs associated with having meetings including travel expenses.
Sam Bankman-Fried’s Sentence Might Be Lighter Than You’d Expect
Restitution paid to victims can be considered when sentencing, and judges in the Southern District of New York routinely impose shorter terms than guidelines suggest for white-collar cases.
U.S. Regulators Do Have Some Control Over Stablecoin Tether: JPMorgan
USDT’s appeal relative to other stablecoins will likely diminish as regulations will require more transparency and compliance with new anti-money laundering standards, the report said.
Fed Chair Powell Told House Democrats U.S. Needs Stablecoin Bill: Politico
Powell also said a CBDC would need Congress’ approval before the Federal Reserve will act.
Ripple Must Share Financial Statements Requested by SEC, Court Rules
The statements will help a judge determine if institutional sales of XRP after the SEC lawsuit was filed in 2020 broke securities law, the SEC said in its request.
U.S. Drilling Down on Crypto Miners’ Energy Use Draws Ire From Community
The Energy Information Administration (EIA) is starting a survey to track the electricity consumption of crypto miners in the U.S.
Bitcoin Holds Above $40K Ahead of U.S. GDP, $5.8B Crypto Options Expiry
Traders have scaled back bets of aggressive rate cuts by the Federal Reserve ahead of the U.S. GDP report.
CoinShares Exercises Option to Buy Bitcoin ETF Provider Valkyrie to Add U.S. Arm
CoinShares said the decision is a direct result of the SEC’s approval of the listing of a spot bitcoin ETF.
Stablecoin Issuer Circle Internet Files for IPO
The number of shares to be offered and the price range for the proposed offering hasn’t been set.
Bitwise Tops Bitcoin ETF Low-Fee Table, While Grayscale Bets on Size
Just one potential spot bitcoin ETF issuer has set a management fee above 1%, and many of the others are asking for less than 0.5%.
Bitcoin ETF Approval Odds Raised to Over 90% at Bloomberg, Drop on Polymarket
Two influential analysts have tipped odds at over 90% ahead of the Securities and Exchange Commission decision.
Bitcoin ETF Fees Will Play Critical Role in the Race to Popularity
So far, only six potential spot bitcoin ETF issuers have revealed their charge, and Fidelity is the cheapest.
Coinbase Approved as Virtual Asset Services Provider in France
The third-largest crypto exchange has said it wants to become regulated in countries with clear policies for the industry while it argues with the Securities and Exchange Commission for bespoke rules in the U.S.
South Korea’s Financial Regulations Chief to Meet SEC Chairman Gensler Next Month: Report
The two aim to strengthen cooperation on crypto regulations before South Korea’s new crypto laws go into effect next year.
Elizabeth Warren Pushes Back at Blockchain Lobbying Efforts
In a letter to the Blockchain Association, the U.S. senator accuses the group of undermining Congress.
Fairshake Super PAC Raises $78M to Support Crypto Candidates in 2024 U.S. Election
The group has support from Andreessen Horowitz (a16z), Ark, Circle, Ripple, Coinbase and more.
Alleged Crypto Investment Scam Worth $80M Sees Four People Charged With Money Laundering in U.S.
The four allegedly obtained the money through so-called pig-butchering and other fraudulent schemes.
Alleged Crypto Investment Scam Worth $80M Sees Four People Charged With Money Laundering in U.S.
The four allegedly obtained the money through so-called pig-butchering and other fraudulent schemes.