Key Takeaways In a significant development, the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) released a joint staff statement on Tuesday outlining a coordinated framework for overseeing spot crypto trading in the United States. The…
Key Takeaways World Liberty Financial (WLFI), a decentralized finance initiative linked to U.S. President Donald Trump, said it intervened against attempted hacks during the launch of its token this week. The project announced that it used onchain measures to blacklist…
Lee Eok-won, nominated to head South Korea’s Financial Services Commission (FSC), has drawn sharp reactions from the domestic blockchain industry after voicing doubts over the legitimacy of digital assets, as per local media reports. In written responses submitted to lawmakers…
Key Takeaways Unicoin is gearing up to challenge the U.S. Securities and Exchange Commission’s (SEC) fraud case in federal court, arguing the regulator has built its claims on mischaracterisations and circumstantial evidence. The Miami-based crypto investment platform had asked a…
Key Takeaways A legal dispute over FTX’s downfall has drawn Fenwick & West into the spotlight again, with the Silicon Valley law firm rejecting claims that it facilitated the exchange’s fraud. In a filing submitted on Monday, Fenwick described the…
Key Takeaways The US Commodity Futures Trading Commission(CFTC) has moved to bolster its market oversight by deploying Nasdaq’s market surveillance technology, marking a shift away from its outdated 1990s-era system. In its press release, the regulator confirmed that Nasdaq’s platform…
Key Takeaways Bitwise Investment Advisers has moved to launch a Chainlink (LINK) spot exchange-traded fund in the United States, submitting a preliminary S-1 registration with the Securities and Exchange Commission(SEC). If approved, it would be the first ETF in the…
Key Takeaways Monex Group, a leading Japanese financial services firm listed on the Tokyo Stock Exchange, is preparing to step into the stablecoin arena. Chairman Oki Matsumoto revealed in a recent local media interview that the company is weighing the…
Key Takeaways Leading crypto exchange Kraken met with the US Securities and Exchange Commission’s (SEC) Crypto Task Force officials on Monday, 25 August, to discuss the exchange’s plans to develop a tokenised trading system. The meeting followed Kraken’s launch of…
Key Takeaways Ronit Ghose, head of Citi’s Future of Finance, has cautioned that allowing stablecoins to pay interest may trigger a significant shift of funds out of traditional banks, drawing comparisons to the money market boom of the late 20th…
