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President Biden Vetoes SEC SAB 121 Repeal Resolution

[May 31 6:02 PM] U.S. President Joe Biden issued a veto against H.J.Res. 109, a resolution that would disapprove of the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin No. 121 (SAB 121). In its veto document, Bides states that the approval of…

SEC Approves First Eight Spot Ether ETFs

[May 23 3:39 PM] The Securities and Exchange Commission (SEC) has approved the first eight proposals for spot ether exchange-traded funds (ETFs). According to a document issued on May 23 that orders grating an accelerated approval for these products, NYSE Arca…

Hong Kong Approves First Spot Bitcoin and Ethereum ETFs

[Apr 15 1:31 AM] The Hong Kong Securities and Futures Commission (SFC) has given the green light to several spot bitcoin and ethereum exchange-traded funds (ETFs), a move that signals substantial progress in the region’s crypto market, with approvals awarded…

Binance to Halt Tron USDC Trading Following Circle’s Move Away

[Mar 25 4:44 AM] Crypto exchange Binance will end support for TRC-20-based USDC tokens on April 5, following an announcement by USDC issuer Circle to discontinue support for the stablecoin on the Tron blockchain. Circle ceased minting USDC on Tron and aims to phase…

Election Fever Hits Cryptocurrency: TRUMP and BODEN Tokens Surge

[Mar 7 3:09 AM] As the 2024 US presidential election approaches, memecoins named after Donald Trump (TRUMP) and Joe Biden (BODEN) are experiencing significant fluctuations, reflecting their popularity and potential as prediction markets. The Trump-inspired TRUMP…

Blackrock Launching Brazil’s First Bitcoin ETF

[Mar 1 4:06 AM] Blackrock is launching Brazil’s first spot bitcoin ETF, the Ishares Bitcoin Trust BDR (IBIT39), on Mar. 1, initially available to qualified investors with plans to eventually open it to retail investors. The ETF aims to provide investors with…