South Korea plans stricter crypto rules to curb market manipulation

South Korea plans stricter crypto rules to curb market manipulation

South Korea’s financial regulator announced it will enhance scrutiny of the cryptocurrency market and enforce stricter fines on financial institutions for IT-related issues, in response to prominent events that revealed vulnerabilities to market integrity and consumer protection. The Financial Supervisory Service (FSS) announced its annual policy agenda on Monday, which encompasses intended investigations into high-risk […]

South Dakota Lawmaker Reintroduces Bitcoin Reserve Bill

South Dakota Bitcoin Reserve Bill

A bill that would let the state invest some of its public funds in bitcoin has been submitted by a South Dakota lawmaker, resuming attempts that were unsuccessful in the state assembly last year. On Tuesday, Republican Representative Logan Manhart introduced House Bill 1155, which would amend South Dakota’s public investment laws to allow the […]

Japan Set to Approve Cryptocurrency ETFs in 2028

Japan Set to Approve Cryptocurrency ETFs in 2028

According to a Nikkei Asia story, Japan may approve its first batch of cryptocurrency exchange-traded funds as early as 2028. According to Nikkei, the Financial Services Agency intends to add cryptocurrencies to the list of basic assets for exchange-traded funds (ETFs) along with improved investor safety measures. According to the article, two of Japan’s biggest […]

Grayscale applies for BNB-tracking ETF in the United States

Grayscale applies for BNB-tracking ETF in the United States

Grayscale Investments has submitted an S-1 registration to the U.S. Securities and Exchange Commission (SEC) to establish an exchange-traded fund that tracks BNB. A Form S-1 submitted on Friday indicates that the proposed product is named the Grayscale BNB ETF. The application requests authorization to launch a publicly listed ETF aimed at mirroring the price […]