Spot ETF issuers expect to receive final comments from regulators by early next week, and possibly as soon as July 12.
Category: Regulation News
Trading platform Abra purchased Valkyrie’s crypto trusts: Report
Abra purchased the trusts amid a settlement with 25 US state regulators connected to financial licensing violations.
Elon Musk’s X could face $200M EU fines over alleged DSA violations
At the heart of the findings are the “blue check” verification systems and X’s alleged obfuscation of data.
Ignoring quantum threats in CBDC design is reckless
The real threat of a CBDC lies in quantum computing vulnerabilities. Developing a quantum-resistant design should be a priority for the United States.
SEC drops investigation of Bitcoin Stacks developer Hiro — filing
This is the second crypto investigation the U.S. securities regulator dropped this week.
UK Law Commission sees no need for DAO-specific legal entity
The UK Law Commission scoping paper suggested legal reforms for DAOs, a review of the Companies Act and international cooperation on AML and tax frameworks.
Singapore ‘not ready’ for Bitcoin ETFs, sneaky crypto mining rig importer: Asia Express
Singapore isn’t in a rush to list crypto ETFs, according to SGX CEO this week as Philippines charges two over a $6M XRP hot wallet […]
US senators strike deal to push ban on lawmaker stock trading
A bipartisan group of 20 US senators has reached a new agreement on legislation that would ban all members of Congress from trading stocks.
US lawmaker asks Congress to treat Binance exec in Nigeria as a ‘hostage’
Rep. Rich McCormick called on the US government to formally declare Tigran Gambaryan as a hostage if his criminal case in Nigeria was not resolved […]
Bahamians didn't want CBDCs — So now they're being forced to use them
Regulators in the Bahamas are sick of their citizens’ reluctance to adopt a CBDC, so they’re forcing commercial banks to get on board.