Hong Kong Expected to Approve Spot Bitcoin ETFs Mid-April
An important development in the city’s cryptocurrency market is the rumored approval of the spot Bitcoin exchange-traded fund by Hong Kong’s Securities and Futures Commission. According to various sources close to the Hong Kong Securities and Futures Commission, Hong Kong is preparing to approve the first set of spot Bitcoin ETFs in the region by […]
CFTC Commissioner Probes KuCoin Lawsuit Amid SEC Dispute
The CFTC’s Pham critiques the KuCoin case, pointing out a potential SEC jurisdiction dispute and the cryptocurrency regulation issue. Caroline Pham, Commissioner of the Commodity Futures Trading Commission (CFTC), has openly condemned her agency’s enforcement action against KuCoin the cryptocurrency exchange KuCoin. On March 26, the CFTC and the US Department of Justice charged KuCoin with […]
SEC Postpones Ruling on VanEck Ethereum ETF
The VanEck Ethereum ETF will now have a later deadline as the SEC has once again delayed making a judgment on an ETH ETF. The SEC announced in a recent filing that it would extend the deadline for making a judgment to May 23 and that it was seeking public input on the subject. This […]
Genesis, Gemini’s Requests to Dismiss SEC Earn Complaint Denied
A US judge deemed a case claiming that the cryptocurrency companies Gemini and Genesis had violated securities laws to be credible. The U.S. SEC filed a complaint against Gemini Crypto Exchange and Genesis Crypto Lending about an Earn program that both companies hosted. District Judge Edgardo Ramos refused the applications to dismiss the case until […]
BlackRock Intends to Add Spot Bitcoin ETFs
Leading asset management company BlackRock is currently applying for regulatory approval to add spot Bitcoin exchange-traded funds (ETFs) to its Global Allocation Fund, or MALOX. The company stated in an amended filing with the U.S. Securities and Exchange Commission (SEC) on March 7 that it plans to invest in exchange-traded products (ETPs) that are physically […]