Bill seeks to create SEC-CFTC joint committee on digital assets
Congressman John Rose would make the agencies work together and listen to user and industry representatives. Go to Source
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Anchorage Digital Bank, Bitgo join Coinbase to custody 21Shares crypto ETFs
The move diversifies spot crypto ETF custodians beyond Coinbase, which has dominated crypto custody for US issuers. Go to Source
Etoro Restricts US Crypto Trading to 3 Cryptocurrencies Following SEC $1.5M Fine
Etoro USA has agreed to pay $1.5 million to the U.S. Securities and Exchange Commission (SEC) to settle charges of operating as an unregistered broker and clearing agency for crypto trading. Etoro will limit U.S. customers’ trading options to bitcoin, bitcoin cash, and ether, with a 180-day window to sell other crypto assets. If certain … Read more
Grayscale to launch US XRP trust, paving way for potential ETF
Grayscale XRP Trust could potentially pave the way for an XRP ETF, subject to approval by the US Securities and Exchange Commission. Go to Source
US House Republicans probe SEC’s Gensler on political hiring claims
Three GOP lawmakers asked SEC Chair Gary Gensler to turn over information on his agency’s hiring process, claiming they had found evidence of a political ideology-driven hire. Go to Source
Digital Chamber calls for Congress to address SEC actions against NFTs
The CEO of OpenSea reported receiving a Wells notice from the SEC in August, suggesting that the commission could be taking a new regulatory approach to NFTs. Go to Source
tZero becomes 2nd FINRA-approved broker-dealer for digital securities
The company is following the steps of Prometheum, which now treats four cryptocurrencies as securities. Go to Source
SEC Warns of Bitcoin and Ether ETF Risks — Labels BTC, ETH Highly Speculative Investments
The U.S. Securities and Exchange Commission (SEC) has issued a bulletin warning about the risks of bitcoin and ether exchange-traded funds (ETFs), highlighting their speculative nature. The regulator urged investors to consider potential issues like price volatility, fraud, and lack of regulatory oversight. SEC Warns Investors About Risks in Bitcoin and Ether ETPs The U.S. … Read more
Trump Victory Could Boost Bitcoin to $90K — Harris Win Might Sink BTC to $30K Level, Says Bernstein
Bitcoin may rise to $90,000 by the end of the year if former U.S. President Donald Trump wins the presidential election, according to brokerage and research firm Bernstein. The firm’s analysts believe that Trump’s pro-crypto stance and regulatory reforms could boost the cryptocurrency market while a Kamala Harris victory may cause bitcoin to fall below … Read more
Crypto Biz: US regulators crack down on Uniswap
This week’s Crypto Biz explores several regulatory developments targeting crypto firms, including charges against Uniswap, a delay in a decision on an eco Bitcoin ETF, and a potential challenge to FTX’s repayment plan. Go to Source
