Author: Chris Smith
US Crypto Industry Groups Request Clarity from SEC on Staking
Reading Time: < 1 minuteA broad coalition of crypto industry groups, spearheaded by the Crypto Council for Innovation (CCI), has formally requested regulatory clarity from the SEC on staking services.
Galaxy Digital Plans to List on Nasdaq
Reading Time: < 1 minuteGalaxy Digital is preparing to transition to the US-based Nasdaq on May 16, pending approval at its upcoming shareholders’ meeting.
SEC Delays its Decision on XRP ETF
Reading Time: < 1 minuteThe SEC has postponed its decision on the XRP Spot ETF until June 17, dampening bullish market expectations.
Australia’s Watchdog to Crack Down on Inactive Crypto Exchanges
Reading Time: < 1 minuteAustralia’s financial intelligence agency has advised inactive registered crypto exchanges to withdraw their registrations or face cancellation, due to concerns these dormant firms could facilitate scams.
Arizona Passes First State Bitcoin Reserve Bills
Reading Time: < 1 minuteArizona lawmakers have approved two groundbreaking bills today, potentially making the state the first in the nation to establish a Bitcoin reserve.
Abu Dhabi Launches New Dirham-backed Stablecoin Project
Reading Time: < 1 minuteAbu Dhabi’s International Holding Company, ADQ, and First Abu Dhabi Bank have announced plans to introduce a dirham-backed stablecoin.
World Liberty Financial Teams Up with Pakistan Crypto Council
Reading Time: < 1 minuteWorld Liberty Financial has entered into a strategic partnership with Pakistan’s leading digital asset organization to accelerate blockchain adoption in one of the world’s fastest-growing crypto markets.
Nike Faces $5M Lawsuit Over NFT Platform Shutdown
Reading Time: < 1 minuteNike is confronting a proposed class-action lawsuit alleging the company orchestrated a “rug pull” by abruptly shutting down its NFT platform, RTFKT, earlier this year.
SEC Delays its Decision on HBAR and Polkadot ETFs
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has extended its timeline for deciding on proposed exchange-traded funds (ETFs) related to Polkadot (DOT) and Hedera (HBAR).
Bitcoin Supply on Crypto Exchanges is Falling: Fidelity
Reading Time: < 1 minuteBitcoin reserves on cryptocurrency exchanges have fallen to their lowest in over six years. Publicly traded companies have increased their accumulation of the digital asset following the US presidential election.
Russia Considering Launch of a Crypto Exchange
Reading Time: < 1 minuteThe Finance Ministry and Central Bank of Russia are set to launch a crypto exchange for highly qualified investors, Finance Minister Anton Siluanov announced during a ministry board meeting.
Alabama Withdraws Staking Lawsuit Against Coinbase
Reading Time: < 1 minuteThe Alabama Securities Commission has withdrawn its lawsuit against crypto exchange Coinbase, which accused the company of violating securities laws through its staking services.
Full Federal Court of Australia Backs Crypto Lender Block Earner
Reading Time: < 1 minuteThe Full Federal Court of Australia has ruled in favor of crypto lender Block Earner in a significant legal battle with the Australian Securities and Investments Commission (ASIC).
Standard Chartered: Bitcoin Will Continue to Rise Amid Fed Independence Risks
Reading Time: < 1 minuteBitcoin prices might continue to rise if concerns about the Federal Reserve’s independence persist, according to Geoffrey Kendrick, Standard Chartered’s global head of digital assets research.
Paul Atkins Sworn In As US SEC Chair
Reading Time: < 1 minutePaul S. Atkins has officially taken on the role of the 34th Chairman of the US Securities and Exchange Commission.
Robert Kiyosaki: Bitcoin Will Hit $1M by 2035
Reading Time: < 1 minute“Rich Dad Poor Dad” author Robert Kiyosaki recently predicted that Bitcoin could exceed $1 million by 2035.
Blocksquare and Vera Capital Team Up to Tokenize $1B in US Real Estate
Reading Time: < 1 minuteBlocksquare has partnered with Vera Capital to tokenize $1 billion in US real estate assets, according to Investing.com.
Slovenia’s Finance Ministry Proposes 25% Tax on Crypto Profits
Reading Time: < 1 minuteSlovenia’s finance ministry has proposed a 25% tax on personal profits from crypto asset sales, aiming to address a loophole that currently exempts individual investors while taxing business income from crypto trading.
Crypto Exchange eXch to Shut Down
Reading Time: < 1 minuteCryptocurrency exchange eXch has announced it will shut down on May 1.
China Discussing New Rules for Managing Seized Crypto
Reading Time: < 1 minuteChina is evaluating new regulations for handling confiscated cryptocurrencies as cases of illegal digital asset use increase.
Semler Scientific to Expand Bitcoin Holdings
Reading Time: < 1 minuteSemler Scientific, Inc., a medical device company with notable gross profit margins of 91.55% and a market cap of $329.16 million, has released preliminary financial results for Q1 ending March 31, 2025.
South Korea’s Regulator Bans Access to 14 Crypto Exchanges
Reading Time: < 1 minuteSouth Korea is intensifying its crackdown on unregistered crypto platforms.
SEC and Binance Request Additional Pause from Court
Reading Time: < 1 minuteThe SEC and Binance have jointly filed a motion to extend their lawsuit pause for another 60 days, following a previous pause to engage in “productive discussions.”
Mantra Token Price Crashes 90%
Reading Time: < 1 minuteThe Mantra token, native to the Mantra blockchain for real-world tokenized assets, has plummeted by over 90% within 24 hours.
HashKey Wins Approval to Provide Crypto Staking Services in Hong Kong
Reading Time: < 1 minuteThe Hong Kong Securities and Futures Commission (SFC) has issued regulatory guidance for licensed virtual asset trading platforms (VATPs) regarding their staking services, as well as for SFC-authorised funds (VA Funds) involved in staking.
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