What Still Needs to Happen Before Spot Ether ETFs Can Trade
There’s a lot of excitement over the possibility that a spot ether exchange-traded fund (ETF) may be around the corner. Here’s what still needs to happen before one may launch.
Regulations
Former FTX Execs Nishad Singh, Gary Wang to Be Sentenced Later This Year
Former FTX Director of Engineering Nishad Singh and former Chief Technology Officer Gary Wang are set to be sentenced this fall in the ongoing criminal case against what was once a global crypto exchange before it collapsed in historic fashion near the end of 2022.
Trump’s Official Republican Platform Pledges to Halt Crypto ‘Crackdown’
Former President Donald Trump’s Republican Party has officially adopted a platform that would seek to support cryptocurrency innovation, according to the document released Monday by the Republican National Committee.
Sacked Northern Data Execs File Suit Against Tether-Backed Company, Alleging Fraud
Two former executives of Tether-backed German tech company Northern Data have filed suit against the firm, alleging that they were wrongfully terminated after raising concerns about the company’s financial health and alleging tax evasion.
Labour Landslide Sets Up Starmer as UK Prime Minister With Unstated Crypto Plans
While the industry was not mentioned in the party’s manifesto or on the campaign trail, Labour has said it will support tokenization and a central bank digital currency.
When Do Secondary Token Sales Violate Howey?
A federal judge overseeing the U.S. Securities and Exchange Commission’s case against Binance ruled that most of the case can proceed, but dismissed charges tied to the sale of BUSD and secondary sales of BNB.
Global Banking Standard Setter Approves Disclosure Framework for Crypto Exposures
The Basel Committee’s framework, based on responses to a December 2022 discussion paper, must be implemented by 2026.
Ahead of the U.K. Election, Major Parties Remain Silent on Crypto Issues
The U.K. is set to hold its first election in five years on Thursday and crypto is not a campaign-trail issue.
DCG, Top Executives Renew Push to Get New York AG’s Civil Fraud Suit Dropped
Lawyers for cryptocurrency firm Digital Currency Group (DCG) and two of its top executives – CEO and founder Barry Silbert and Soichiro “Michael” Moro, the former CEO of DCG’s wholly-owned trading arm Genesis – have made a final effort to convince a judge to toss out New York Attorney General (NYAG) Letitia James’ civil fraud suit against them.
Binance Executive’s Health Deteriorates in Jail as Nigeria Money-Laundering Trial Proceeds
On Tuesday the cross-examination of the first witness from Nigeria’s Securities and Exchange Commission was completed.