A little-known SEC consultation could scrap months of bureaucratic delays for crypto ETFs. Instead of dual filings, issuers may soon need just an S-1 and patience, setting the stage for an unprecedented wave of listings. FOX Business reporter Eleanor Terrett has uncovered early discussions between SEC officials and major exchanges about creating standardized listing rules…
Malaysia is planning an overhaul of its regulatory framework for digital asset exchanges, aiming to expedite token listings and enhance investor safeguards. On Monday, Malaysia’s Securities Commission has released a consultation paper proposing significant updates to its regulations for digital asset exchanges (DAX). Key changes include permitting certain digital assets to be listed on DAX…
Circle Internet Group the issuer of the USDC stablecoin, has formally applied for a national trust bank charter from the U.S. Office of the Comptroller of the Currency. The move was made public via a June 30 press release by Circle Internet Group. If approved, the new entity, First National Digital Currency Bank, N.A., would…
The SEC’s hesitation speaks volumes. As Bitwise pushes for staking-enabled Ethereum ETFs, regulators are digging deeper into whether passive crypto investors should earn yield or if it’s a risk too far. On June 30, the U.S. Securities and Exchange Commission announced it would extend its review of Bitwise’s proposal to allow staking within its spot…
Avery Ching isn’t just shipping code anymore. The Aptos co-founder and CEO has been appointed to the CFTC’s digital asset panel, signaling a new era where those who build the infrastructure help shape its regulation. On June 30, Aptos Labs announced that its co-founder and CEO, Avery Ching, was appointed to the Commodity Futures Trading…
With over 40 billion-dollar deals closed this year, crypto mergers have surged past anything the market has seen before. Areta co-founders trace the forces pushing institutional buyers to pick “buy” over “build” at a record pace. At a June 30 conference session during ETHCC 8, Areta co-founders Karl-Martin Ahrend and Jan-Philip Grabs walked attendees through…
Kazakhstan plans to establish a state crypto reserve, contingent on the creation of a legal framework to govern its formation and management. Kazakhstan’s National Bank is currently working on a detailed concept for forming and managing the reserve, potentially within a bank-affiliated entity focused on alternative investments, National Bank Chairman Timur Suleimenov said in response…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. It’s often said that good regulation should promote disruption, not inhibit it; however, the FCA’s stance towards digital asset ETPs has remained stubbornly conservative and set in its ways for the last…
Lately, the Internal Revenue Service has ramped up the frequency of warning letters sent to cryptocurrency investors. Reports indicate that most recipients receive one of three letter types: 6173, 6174, or CP2000. But what do these letters mean, and do they signal a broader crackdown on crypto? Regulation of cryptocurrency taxes is still something many…
The Senate is racing toward a September finish line for crypto rules. But with the House stuck at the starting block, this legislative marathon might take longer than anyone expected. At a Thursday press briefing, Senate Banking Committee Chair Tim Scott laid down a new target for completing crypto market structure legislation: September 30. Flanked…
