BlackRock, ARK revise Bitcoin ETF plans along SEC’s cash-only model
BlackRock, Cathie Wood’s ARK and WisdomTree are the latest spot Bitcoin ETF applicants to revise their filings with the U.S. SEC.
SEC delays several Ethereum ETFs, pushing final decision to May
The SEC has pushed back its decision on a roster of Ethereum ETFs, with the final date for a potential approval arriving in late May.
US court approves settlement against Binance, firm to pay $2.7B to CFTC
Former Binance CEO Changpeng “CZ” Zhao has been ordered to pay $150 million, while Binance will pay $2.7 billion to conclude the CFTC enforcement action.
Coinbase appeals SEC rulemaking petition denial as promised
Coinbase filed an appeal the same day its petition for a rulemaking on crypto used as a security was denied.
UK plan on digital securities sandbox laid before Parliament
The regulations will take effect on Jan. 8, with the Bank of England and the U.K. Financial Conduct Authority operating the sandbox.
The Pope and US regulators warn about AI risks: Law Decoded
The head of the Catholic Church warned humanity of AI’s potential dangers and explained what needs to be done to control it.
Revolut Business reportedly cuts crypto services ahead of new UK rules
The neobank will halt crypto purchases by businesses while it sorts out new ad requirements.
Former LDO holder files class-action lawsuit against Lido DAO for crypto losses
The investor claimed that 64% of LDO tokens are controlled by just a few venture capital firms, preventing ordinary investors from having any control over decisions.
EU Commission targets X over ‘dissemination of illegal content’
X owner Elon Musk told advertisers to “go f--- yourself” on Nov. 29 after many left the social media platform in response to antisemitic content and a report on hate speech.
Warren’s surveillance legislation is tailor-made to help big banks
Warren’s Digital Asset Anti-Money Laundering Act would shut crypto providers down, playing into the hands of the banking industry.