Grayscale’s ETF was previously knocked back by the SEC and it wants it and competing ETFs approved together so none have an advantage.
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Month: July 2023
Sequoia slashes its crypto fund by 66% after industry collapses: Report
The $85-billion venture capital firm launched the Sequoia Crypto Fund in February 2022.
SEC chief accountant warns accountants about liabilities when auditing crypto firms
Paul Munter says making or allowing misleading statements can have serious consequences for accounting firms and individual accountants.
‘Pro-crypto bill’ passes out of US House Agriculture Committee
The Republican bill, dubbed FIT for the 21st Century, was drafted by two House committees and passed after strenuous preparations by members of both parties.
Optimism transaction volumes surpass Abitrum’s for the first time in six months
Optimism lost the top spot to Arbitrum in January, after the end of its season one “quest,” but has regained it after Worldcoin launched on […]
Crypto bills pass congressional committee in ‘huge win’ for US crypto
Two crypto regulatory bills have been passed by the United States House Financial Services Committee that could finally provide some much-needed regulatory clarity.
Stablecoins pose lower risk than bank deposits, says ex-Fed policy analyst
Stablecoins cannot be compared to bank deposits in terms of risk, nor can they be compared to money market funds, argues a new policy paper […]
Rep. Patrick McHenry blames White House for lack of urgency on stablecoin bill negotiations
Republican leadership has blamed the Biden administration for not having a “sense of urgency” on stablecoins, while the Democratic response suggested “impatience” by lawmakers.
99-year-old Hungarian artist’s computer generated NFTs sold for $1.2M
Vera Molnár pioneered the use of computer-generated art in the latter half of the 20th Century.
Nexo joins sanctions association as regulatory scrutiny increases
Nexo looks to keep pace with regulatory requirements by implementing new certification requirements for its compliance team.