Crypto investment firm Bitwise Asset Management filed for a spot aptos (APT) exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC) on Wednesday. The company manages more than $10 billion in assets across sixteen funds, including spot bitcoin and spot ether ETFs. Bitwise also filed paperwork to establish a Delaware statutory trust for […]
]]>
In remarks shared with the news publication, The Pavlovic Today, U.S. Commerce Secretary Howard Lutnick disclosed that the forthcoming White House Crypto Summit will likely serve as the stage for unveiling the strategic crypto reserve. He also noted that certain tokens within the proposed reserve could be subject to distinct regulatory considerations, stating they may […]
]]>
With the crypto economy cruising at $3.67 trillion, some sectors are shining brighter than others. Over the last 30 days, store-of-value coins such as bitcoin (BTC), litecoin (LTC), XRP, bitcoin cash (BCH), monero (XMR), and dash (DASH) have led the pack. Store-of-Value, Smart Contracts, RWAs, File Storage, and Social Coins Lead the Way This Month […]
]]>
The UK’s Economic Secretary to the Treasury has said the Digital Securities Sandbox is set to help facilitate the adoption of distributed ledger technology across capital markets. Examining Benefits of DLT in Debt Issuance Process Tulip Siddiq, the United Kingdom’s Economic Secretary to the Treasury, said the recently opened Digital Securities Sandbox (DSS) will help […]
]]>
The Australian Treasury has invited public feedback on implementing the Organization for Economic Cooperation and Development (OECD)’s crypto asset reporting model. Tackling Crypto-Linked Tax Evasion The Australian Treasury has invited the public to comment on options for the country’s implementation of the Crypto Asset Reporting Framework (CARF). In a consultation paper released Nov. 21, the […]
]]>
The Labour government is reportedly readying crypto, stablecoin and crypto asset regulations as Europe pulls ahead and the US changes its crypto policies.
]]>
A Federal Reserve governor questioned whether decentralized finance (defi) can truly eliminate the need for intermediaries, despite bitcoin’s revolutionary promise. While decentralized systems aim to bypass traditional structures, he argues that trust in intermediaries still resurfaces. Could crypto ever be fully decentralized, or will it mirror traditional finance? The potential regulatory challenges and the role […]
]]>
Key deadlines for crypto-asset regulation are approaching, as Cyprus’ regulator announced that the EU’s Markets in Crypto-Assets Regulation (MiCAR) will take effect for service providers by December 2024, with registration closing by October. Providers already registered may operate until mid-2026 or until their authorization status is determined, marking a major shift in crypto compliance across […]
]]>
The CySEC has warned crypto asset service providers of coming changes as the continent braces for MiCA.
]]>
The U.S. Securities and Exchange Commission (SEC) has charged multiple market makers and individuals with manipulating crypto asset markets, alleging they created fake trading activity to mislead retail investors. These schemes, including practices like wash trading, aimed to fabricate the illusion of active trading, violating securities laws. The SEC seeks penalties, including bans and disgorgement, […]
]]>