Global asset manager Wisdomtree has filed for an XRP ETF in Delaware, marking a potential breakthrough amid regulatory shifts. Regulatory Shifts Loom as XRP ETF Eyes Breakthrough Moment Global investment management firm Wisdomtree, renowned for its extensive range of exchange-traded funds (ETFs), has filed with the state of Delaware to establish an XRP ETF. Fox […]
Canary Capital Group LLC has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) to introduce the Canary Solana ETF. This exchange-traded fund (ETF) aims to give investors direct exposure to solana (SOL), minus operational expenses, through shares listed on a U.S. exchange. SEC Filing Reveals Canary Solana ETF Proposal The Canary […]
Canary Capital has submitted a registration statement with the U.S. Securities and Exchange Commission (SEC) for its new exchange-traded product, the Canary Litecoin ETF. The ETF will provide investors with exposure to the value of litecoin (LTC), tracking the Coindesk Litecoin Price Index. Canary Capital Targets Litecoin Market With New ETF Filing The Canary Litecoin […]
Canary Capital Group LLC has officially submitted a registration with the U.S. Securities and Exchange Commission (SEC) for its proposed Canary XRP ETF, aimed at providing investors with exposure to XRP. The exchange-traded fund (ETF) is designed to give investors an option other than directly holding XRP, making access easier through traditional brokerage platforms. Canary […]
Crypto.com has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), challenging the regulator’s authority over the sale of digital assets on secondary markets. The lawsuit, filed in the United States District Court for the Eastern District of Texas, alleges that the SEC is unlawfully extending its jurisdiction to include most digital tokens […]
Asset management firm Bitwise has filed for a spot XRP exchange-traded fund (ETF) with the Delaware Division of Corporations. While this does not confirm an immediate filing with the U.S. Securities and Exchange Commission (SEC), it aligns with Ripple CEO Brad Garlinghouse’s positive outlook on the future of XRP ETFs. Bitwise’s Move Toward an XRP […]
The UK’s Financial Conduct Authority (FCA) has charged Olumide Osunkoya for operating unregistered crypto ATMs in the country. This case is significant as it represents the first prosecution under UK law for such activities. Osunkoya is accused of running a network of crypto ATMs that processed £2.6 million in transactions without registration, violating anti-money laundering […]
Greenidge Generation Holdings Inc. has initiated legal action against the New York State Department of Environmental Conservation, challenging the denial of its air permit renewal. The company also reported its second-quarter financial results, highlighting cost reductions and ongoing business transformation. Greenidge Generation Challenges New York Permit Denial, Reports Q2 Performance Greenidge Generation Holdings Inc. filed […]
A Nigerian bitcoin proponent has launched a lawsuit challenging government restrictions on owning, using, and trading digital assets. The proponent said the lawsuit seeks to remove the blockade on cryptocurrency exchanges, ensuring all Nigerians have unrestricted access. Crypto Restrictions Deny Residents Access to Inflation Hedging Tools Nigerian cryptocurrency advocate James Utudor filed a landmark lawsuit […]
21shares has filed a registration statement for a solana exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The ETF will trade on the Cboe BZX Exchange and will utilize Coinbase Custody Trust Company for secure custody of SOL. Vaneck also recently filed a registration statement with the SEC to launch a solana […]
Former FTX CEO Sam Bankman-Fried formally lodged an appeal against both his conviction and sentence with the District Court for the Southern District of New York (SDNY) on Thursday. Bankman-Fried’s legal representatives had anticipated this move, having previously requested that he remain at New York’s Metropolitan Detention Center (MDC) to facilitate the appeals process. From […]
In a significant legal confrontation, Coinbase has filed a challenge against the U.S. Securities and Exchange Commission (SEC) in the Third Circuit, contesting the SEC’s refusal to establish clear rulemaking for digital assets. San Francisco Crypto Exchange Coinbase Initiates Legal Action Against SEC’s Crypto Regulation Approach Coinbase’s legal action underscores the ongoing tension between the […]
Sony, the Japanese electronics behemoth, has filed a patent involving the use of non-fungible tokens (NFTs) as part of in-game mechanics. Sony’s patent describes the usage of a “Super-Fungible Token,” an amalgamation of a set of gaming assets, allowing the selection of only one of them per time in the gaming implementation. Sony Files Patent […]
Terraform Labs has filed for Chapter 11 bankruptcy in the U.S. amid ongoing litigation with the U.S. Securities and Exchange Commission (SEC). The company stated in its bankruptcy filing that “funds will be available for distribution to unsecured creditors.” Meanwhile, Terraform Labs co-founder Do Kwon is facing an upcoming SEC trial and extradition proceedings. Terraform […]
The U.S. commodities regulator revealed on Jan. 19 that it had filed a civil enforcement action against a bogus digital asset exchange platform. According to the Commission, Debiex customers were not aware that the entire set-up was a clever scam designed to dupe prospective investors. Romance Scam Tactics The Commodities Futures Trading Commission (CFTC) announced […]