Coinbase UK fined $4.5 million for ‘high-risk’ customer onboarding
The $4.5 million fine could signal the start of more scrutiny for crypto exchanges in the region. Go to Source
Bitcoin Regulation
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Ethereum ETFs start strong but lag epic Bitcoin ETF launch: analysts
Analysts worry ETH will prove a harder sell than BTC to traditional investors. Go to Source
Grayscale announces plans for Bitcoin ETF spinoff
Current GBTC shareholders will receive shares in Grayscale’s new Bitcoin ETF in proportion to what they currently hold in GBTC. Go to Source
21Shares Ether ETF to waive fees for up to 6 months as issuers prep for listings
21Shares joins other Ethereum exchange-traded fund issuers that are slashing fees to woo investors. Go to Source
Plaintiffs amend complaint in Tether lawsuit for alleged USDT scheme
The class-action lawsuit alleges Tether and Bitfinix conspired to manipulate crypto market prices. Go to Source
Final signoff on spot Ether ETFs expected imminently, listings next week — source
Spot ETF issuers expect to receive final comments from regulators by early next week, and possibly as soon as July 12. Go to Source
SEC drops investigation of Bitcoin Stacks developer Hiro — filing
This is the second crypto investigation the U.S. securities regulator dropped this week. Go to Source
Mt. Gox repayment shakes crypto market, causing volatility
Bitcoin faces immense volatility as Mt. Gox repayments flood the market. Go to Source
Nomura crypto arm Laser Digital bags Abu Dhabi license
The firm chose to expand into Abu Dhabi due to the innovation-friendly crypto regulations. Go to Source
Crypto trading firm Cumberland secures New York BitLicense
The New York State Department of Financial Services lists 33 companies holding licenses, allowing them to offer crypto-related products and services. Go to Source