SEC delays lower expectations of Ethereum ETF approval by May despite staking additions
The US SEC has delayed the approval process for several highly anticipated Ethereum exchange-traded funds (ETFs), recent regulatory filings show.The...
Regulations
UK FCA to recover $8 million in costs via fees placed on stablecoin issuers, custodians
The UK Financial Conduct Authority (FCA) announced that it intends to recover the equivalent of $8 million in costs stemming...
SEC chair Gensler condemns ‘AI washing’ after regulatory action against 2 companies
US SEC chair Gary Gensler condemned “AI washing” or the abuse of artificial intelligence (AI) and said such activities “may...
IMF Demands $3,000,000,000 Bailout Debt From Pakistan Through New Crypto Taxes: Report
The International Monetary Fund (IMF) is reportedly recommending the Pakistan Federal Board of Revenue (FBR) expand the scope of their...
Alleged $300,000,000 Crypto Ponzi Scheme in Texas Targeted by SEC As 17 Individuals Face Charges
US authorities have charged 17 people for their alleged involvement in a multi-million-dollar crypto Ponzi scheme. In a new press...
El Salvador President Says Country Moving Bitcoin Into Cold Storage Amid Daily One BTC Investment Plan
The President of El Salvador says that the country is now moving its Bitcoin (BTC) stash into cold storage. In...
JPMorgan Chase Paying $348,200,000 Penalty, Issued Cease-and-Desist Order Over ‘Unsafe or Unsound’ Banking Practices
The Federal Reserve and the Office of the Comptroller of the Currency (OCC) are hitting banking giant JPMorgan Chase with...
Prosecutors Recommend up to 50-Year Prison Sentence and $11,000,000,000 Money Judgment for Sam Bankman-Fried
Prosecutors are recommending that disgraced FTX founder Sam Bankman-Fried serve decades behind bars as well as be ordered to pay...
Web3 growth in the East
Over the years, the Asia Pacific region (APAC) has established itself as an impressive environment for the rapidly growing technology...
Grayscale amends Ethereum ETF filing, says investors ‘want and deserve’ the fund
Grayscale amended a regulatory filing through which it intends to convert its Ethereum Trust to a spot exchange-traded fund (ETF)....
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