Tag: cryptocurrencies

The SEC’s acknowledgment indicates the commencement of the official review process for BlackRock’s ETF proposal. The United States Securities and Exchange Commission (SEC) has accepted BlackRock’s application for a spot Bitcoin exchange-traded fund (ETF) following its acknowledgment of a similar application by Bitwise the day before. The SEC’s acknowledgment indicates the commencement of the official review process for…

The Securities and Exchange Commission should recognize it’s time to settle its cases against Coinbase and Ripple Labs. In every major litigation, there comes a moment when you realize it’s time to settle. A ruling doesn’t go your way, a juror gives your legal team the side eye, the judge makes it clear it’s time…

The portion of traditional hedge funds investing in crypto fell, but many of those still in the market plan to increase crypto investing this year. PwC released its fifth annual global crypto hedge fund report on July 12 based on surveys of crypto-native and traditional hedge funds conducted in the first quarter of 2023. Against…

Community members may want to read up on the intricacies of tax law before they respond, but they have two months to do so. United States Senate Financial Services Committee Chair Ron Wyden and ranking member Mike Crapo released an open letter to the digital asset community on July 11 asking for input on the taxation of…

G20 finance ministers and central bank governors are meeting this month, and the Bank for International Settlements has findings to present. In preparation for a meeting of the G20 finance ministers and central bank governors this month, the Bank for International Settlements Innovation Hub (BISIH) submitted two reports — on cryptocurrency and central bank digital…

A retail CBDC or “enhanced” digital money would support the singleness of money and settlement finality, Andrew Bailey said, but crypto isn’t money. Andrew Bailey, a Bank of England (BOE) governor, delivered a speech July 10 in which he moved smoothly from the central bank’s efforts to control inflation and maintain public trust in financial institutions to why…