Key Takeaways: Canary Capital filed with the SEC to launch a PEPE ETF tracking token price via direct holdings. PEPE ETF signals broader push into volatile assets as firms expand beyond bitcoin and ethereum. SEC […]
Bitcoin mining company Cango said on Wednesday it slashed its Bitcoin production cost to $68,215 per coin, a 19.3% cost reduction compared to the average cash cost of $84,552 per coin reported in the fourth […]
Standard Chartered plans to unify Zodia’s custody service with its digital asset division, Bloomberg reported Wednesday, citing people with knowledge of the plan. Established in late 2020 by SC Ventures, Standard Chartered’s innovation unit, and […]
Some past enforcement actions against cryptocurrency companies lacked clear investor benefit and misinterpreted federal securities laws, the US Securities and Exchange Commission (SEC) said on Tuesday. Since the 2022 fiscal year, the SEC brought 95 […]
Key Takeaways: Japan raises serious concerns that could drive sweeping new regulations across crypto markets. The FSA signals tougher oversight through more effective and stringent regulations on providers. The FSA warns that wide crypto regulation […]
Drift Protocol, the decentralized exchange (DEX) that lost an estimated $280 million in an exploit last week, claims the loss was the result of a six-month, highly coordinated attack. “The preliminary investigation shows that Drift […]
Top brokerage Charles Schwab, which oversees over $12 trillion in client assets, is preparing to launch the Schwab Crypto account for buying and selling Bitcoin and Ethereum. Schwab’s spot crypto trading is expected to go […]
A Nevada judge has reportedly extended a ban preventing Kalshi from offering event-based contracts in the state, ruling that the products constitute unlicensed gambling under state law. Judge Jason Woodbury said at a hearing in […]
CFTC-DOJ Lawsuits Target State Control Over Prediction Markets Authority The Commodity Futures Trading Commission (CFTC), the U.S. derivatives regulator, and the Department of Justice (DOJ) filed lawsuits on April 2 against three states targeting prediction […]
US Debanking Fight Ignites as FTC Targets Visa, Mastercard, Paypal, and Stripe Practices Access to financial services has become a focal policy concern as federal regulators scrutinize industry practices. Federal Trade Commission (FTC) Chairman Andrew […]
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