US CFTC Issues DeFi Report, Citing Regulatory Concerns
Focusing on the spectrum between centralization and decentralization in the majority of DeFi systems for regulatory purposes, the report attempts to direct U.S. policy discussions. The Digital Assets and Blockchain Technology Subcommittee of the Commodity Futures Trading Commission (CFTC) has published an extensive report entitled “Decentralized Finance.” The report, which has received support from CFTC […]
BTC Breaks $47,000, VanEck Seeds Bitcoin ETF With $72 Million
At the forefront is the investment firm VanEck, which, as disclosed in its amended S-1 form, has taken decisive action by establishing its potential spot Bitcoin ETF with an initial investment of $72.5 million. On Monday, Bitcoin (BTC), the largest cryptocurrency in the world, surpassed $47,000 as issuers including BlackRock, Fidelity, and others filed updated paperwork with […]
DTCC Lists Tickers for WisdomTree, VanEck Spot Bitcoin ETFs
Amid anticipation of US SEC approval, the WisdomTree and VanEck ETFs have been listed on the Depository Trust & Clearing Corporation (DTCC). The spot Bitcoin ETF applications have generated significant anticipation, with the Depository Trust & Clearing Corporation (DTCC) listing the ETFs of two of the eleven applicants, WisdomTree and VanEck, in advance of the […]