Nasdaq filed a 19b-4 and an amended S-1 form on Wednesday on behalf of Canary Capital seeking approval from the SEC to launch the Canary Litecoin exchange-traded fund (ETF). The move comes a year after the regulator’s historic approval of multiple spot bitcoin ETFs in January 2024 and subsequent approvals of ether ETFs a few […]
South African Crypto Exchanges Push for Regulatory Change to Allow Pension Fund Investment
Cryptocurrency exchanges have argued that pension funds should be allowed to invest in crypto assets, enabling South Africans to benefit from the substantial growth in cryptocurrency value. South African Treasury Urged to Formulate Progress-Promoting Policies South African crypto exchanges have called on authorities to remove a prohibition barring pension funds from investing in crypto assets. […]
CFTC Regulatory Case Against Gemini Ends in $5 Million Settlement
A Bloomberg report was the first to disclose that Gemini Trust Co., a cryptocurrency exchange established by Cameron and Tyler Winklevoss, has consented to a $ 5 million settlement to address allegations levied by the Commodity Futures Trading Commission (CFTC). The settlement quells accusations that Gemini disseminated deceptive information to regulatory bodies. Gemini Avoids …
Expert: Trump May Honor Election Promises, but Progress Depends on Legislative and Regulatory Support
Hong Yea, co-founder of GRVT, believes that despite skepticism from some crypto proponents, incoming U.S. President Donald Trump may show genuine interest in a crypto-friendly environment. China Unlikely to Shift Stance on Crypto While some crypto proponents are skeptical that incoming U.S. President Donald Trump will honor his pre-election pledges, Hong Yea, co-founder of GRVT, […]
Binance Gains 21st Regulatory Approval – Crypto Giant Tightens Grip Worldwide
Binance has secured its 21st regulatory approval with Brazil’s central bank, bolstering its growing dominance and expanding its footprint in Latin America’s booming crypto market. Binance Expands Regulatory Dominance With Brazil Approval Crypto exchange Binance announced Thursday that it has secured approval from the Central Bank of Brazil to acquire Sim;paul, a licensed broker-dealer in […]