Bitwise launches Web3 ETF for institutional and retail investors
The ETF tracks the Bitwise Web3 Equities Index, with over 85% exposure to companies in Web3. Go to Source Powered by WPeMatico
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SEC Chair Gensler Insists Most Crypto Tokens Are Securities — Says ‘the Law Is Clear’
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reiterated that most crypto tokens are securities, emphasizing that “the law is clear on this.” However, the Commodity Futures Trading Commission (CFTC) has asked Congress for authority over crypto spot markets and several bills have been introduced in Congress this year to … Read more
Top US Regulators Urge Congress to Pass Legislation on Crypto Assets
The U.S. Financial Stability Oversight Council (FSOC), a group of the country’s top financial regulators, has urged Congress to pass legislation for the regulation of crypto assets. Treasury Secretary Janet Yellen said: “Crypto-asset activities could pose risks to U.S. financial stability if their interconnections with the traditional financial system or their overall scale were to … Read more
SEC Fines Kim Kardashian for Promoting a Crypto Security, Bitcoin Price Surpasses $20K and Ethereum Rises Past $1,350
Bitcoin and Ethereum are showing bullish momentum today after managing to hold support through the weekend. BTC is trading above the $20k level, and Ethereum managed to surpass $1,350. The global cryptocurrency market cap is at $961 billion, inching closer to $1 trillion. The short-term sentiment remains bearish, but there’s hope for a potential bull … Read more
Grayscale Bitcoin Trust terminates material agreements with Genesis
Genesis will no longer be involved in GBTC’s main operations, but will still act as a liquidity provider. Go to Source Powered by WPeMatico
Law Decoded, Sept. 26–Oct. 3: New episode of Do Kwon saga
Terra’s co-founder continues his adventures, writing code in his living room, posting on Twitter and hiding from Interpol all at once. Go to Source Powered by WPeMatico
How Crypto Twitter reacted to Kim Kardashian’s $1.26M SEC fine
Some pointed out the regulator’s supposed hypocrisy, others told crypto-influencers to lawyer up, whilst a few poked fun at the reality TV star. Go to Source Powered by WPeMatico
The SEC is bullying Kim Kardashian, and it could chill the influencer economy
The feds should have tried to work with Kardashian to establish more transparent norms for influencers rather than slapping her with a $1.26 million fine for promoting EthereumMax. Go to Source Powered by WPeMatico
US Treasury recommends lawmakers decide which regulators will oversee crypto spot market
“The report recommends the passage of legislation in providing a rulemaking authority for federal financial regulators over this market,” said economist Jonathan Rose. Go to Source Powered by WPeMatico
NYDIG raises $720M as Bitcoin balance hits all-time high
An SEC filing reveals NYDIG’s intent to raise $720 million while a recent press release shows the company’s commitment to HODLing. Go to Source Powered by WPeMatico
