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Fidelity Omits Staking From Spot Ethereum ETF Proposal 

[May 21, 2024 6:16 AM] Amid growing speculation about the potential approval of spot ethereum exchange-traded funds (ETFs), Fidelity Investments has revised its ether ETF filing, omitting all staking features previously included in the proposal. This update follows…

Nigeria’s SEC-Crypto License

[May 20, 2024 11:20 PM] In May 2022, Nigeria’s Securities and Exchange Commission introduced a robust regulatory framework for virtual asset service providers, including digital asset exchanges. The framework required compliance with various laws and regulations to foster…

Ethereum Jumps 18% Amid Speculation of SEC Approval for Spot ETFs

[May 20, 2024 6:30 PM] The value of ethereum (ETH), the second-largest cryptocurrency by market capitalization, has increased nearly 18% against the U.S. dollar due to speculation that the U.S. Securities and Exchange Commission (SEC) might approve some spot ether…

Crypto Startup Funding Hits $2.4 Billion in Q1

[May 20, 2024 2:41 PM] Crypto startup funding rose to $2.4 billion in the first quarter of 2024, driven by expectations of lower interest rates and the launch of the first U.S. bitcoin spot exchange-traded funds (ETFs), according to Pitchbook data. This funding, spread…