VanEck initially filed an S-1 registration statement for the exchange-traded fund in October last year. Asset manager VanEck said it no longer plans to proceed with its proposed Lido staked Ether exchange-traded fund, shelving the product designed to give investors exposure to the liquid staking token. In an SEC filing on Wednesday, VanEck Digital Assets…
The deal gives Polygon access to 37 money transmitter licenses and 11 state exemptions.Polygon Labs has completed its acquisition of Coinme, giving its stablecoin payments platform a regulated way to convert dollars into digital assets and back across 48 US states.Polygon said Wednesday its US payments business now has coverage with 37 money transmitter licenses…
Illinois officials already agreed to delay implementation of a 0.2% tax on crypto assets, but industry-aligned organizations are pushing for summary judgment on the merits.The Crypto Council for Innovation (CCI) and Blockchain Association (BA) said they would join the Digital Chamber and others to push for a court to address the merits of a lawsuit…
The second-largest stablecoin by market cap will be overseen by French and EU authorities under its classification as a “significant e-money token.“The European Banking Authority (EBA) has classified Circle’s USDC stablecoin as a significant e-money token under the region’s Markets in Crypto Assets (MiCA) framework. In a Wednesday notice, the banking regulator said the e-money token…
Brooklyn prosecutors and the FBI seized 112 servers and shut down 241 websites linked to investment scams that targeted Russian-speaking Americans. Prosecutors in Brooklyn, New York, working with the Federal Bureau of Investigation (FBI), have disrupted an Eastern European cryptocurrency scam network accused of stealing tens of millions of dollars from Americans, primarily Russian-speakers.The operation,…
CEO Tarek Mansour said he feels “pretty good” about the pending outcome of the current legal fight over who has the right to regulate prediction markets.
U.S.-linked wallets account for just over 88% of tracked AI model payments, dwarfing China’s 0.1% share, according to new Chainalysis research.
The blockchain and AI developer platform has completed two years of audits and wants its shares available onchain from the first day of trading.
The asset manager’s crypto assets surged 63% to $79.6 billion as investors returned, but holdings remain 23% below year-ago levels.
Nasdaq-listed Perpetuals.com is the second company to pursue a U.S. tokenized stock marketplace under the SEC’s new framework, following a joint venture between OKX and NYSE parent ICE.
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