Nasdaq has formally requested U.S. Securities and Exchange Commission (SEC) approval to launch an exchange-traded fund (ETF) tracking a basket of cryptocurrencies through a proposed regulatory framework designed to address market integrity concerns. Nasdaq’s Latest Proposal Filing Sets a New Standard for Crypto Market Oversight The Nasdaq Stock Market LLC submitted a 131-page Form 19b-4 […]
The cryptocurrency market sector experienced a modest resurgence Wednesday, edging up 0.61% against the U.S. dollar to hover near $ 3.18 trillion. While bitcoin and ethereum inched upward at a leisurely pace, tokens such as fantom (FTM) and aptos (APT) sprinted ahead with double-digit appreciation. Key Assets Make Significant Strides and Follies Precisely seven …
Tether, the largest stablecoin company, announced the signing of a Memorandum of Understanding (MoU) with the Republic of Guinea on February 17, aimed at accelerating the country’s digital transformation and economic growth through blockchain technology. This strategic partnership will focus on education, innovation, and sustainable technology practices, facilitating the transfer of international knowledge to Guinea […]
North Carolina is set to modernize its investment strategy with a bill allowing the State Treasurer to allocate funds to digital asset products, signaling a shift toward blockchain-based finance. North Carolina Considers Crypto Investments for State Funds in New Bill North Carolina Speaker of the House Destin Hall and Representatives Stephen Ross, Mark Brody, and […]
Fed Chair Jerome Powell has confirmed that the Federal Reserve will not pursue a central bank digital currency, backing legislative efforts and an executive order blocking its creation. Powell Shuts Down CBDC Fears With One Word Federal Reserve Chair Jerome Powell testified before the Senate Banking Committee on Feb. 11, where he responded to concerns […]