Key Takeaways Amid delays in SEC decisions on spot Bitcoin exchange-traded fund (ETF) applications by Franklin Templeton and Global X, BitGo’s CEO, Mike Belshe, remains optimistic about the imminent approval of a spot Bitcoin ETF. This investment vehicle allows ordinary…
Key Takeaways Money management giant Fidelity has filed for the creation of an exchange-traded fund (ETF) focused on Ethereum’s ether (ETH). The proposed Fidelity Ethereum Fund aims to be listed by an exchange owned by Cboe Global Markets, as revealed…
Key Takeaways In a significant move towards global regulatory coherence, the International Organization of Securities Commission (IOSCO) has unveiled its conclusive report containing comprehensive policy suggestions for the regulation of crypto and digital asset (CDA) markets. As the global standards…
Key Takeaways In a groundbreaking move, Singapore’s Monetary Authority (MAS) has launched a pilot program for the live issuance of a central bank digital currency (CBDC) based on the Singapore dollar. MAS Managing Director Ravi Menon made the announcement at…
Key Takeaways In a strategic move aimed at bolstering its economic standing, Turkey is on the brink of implementing comprehensive regulations for its rapidly expanding crypto market. The key objective is to guide the nation out of the Financial Action…
Key Takeaways In a recent turn of events, the cryptocurrency industry experienced shockwaves as a fake application sparked a massive price pump and dump for XRP. The bogus filing, labeled “BlackRock iShares XRP Trust,” appeared on November 14 in Delaware,…
Key Takeaways Hong Kong-based institutional cryptocurrency asset custodian, Hex Trust, has secured a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Asset Regulatory Authority (VARA), marking the final step in its regulatory approval process. The approval allows Hex Trust…
Key Takeaways The Democratic Party of Korea has taken a significant step by making it mandatory for prospective candidates to disclose their holdings in virtual assets before the upcoming general election in 2023. This move is part of the party’s…
Key Takeaways The Australian Taxation Office (ATO) has clarified its position on the capital gains tax (CGT) treatment of decentralized finance (DeFi) and the wrapping of crypto tokens, emphasizing its commitment to taxing Australians on capital gains during the wrapping…
Key Takeaways A group of former FTX leaders, led by ex-FTX General Counsel Can Sun is reportedly working on building a new crypto exchange. Can Sun, who testified against FTX Founder Sam Bankman-Fried at his criminal trial, is leading Backpack’s…
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