SEC Delays Decision On Spot Bitcoin ETF Options Trading

The SEC has put off making a decision about enabling the NYSE to trade Bitcoin ETFs through spot market options. An upcoming decision from the SEC regarding the proposed rule modification on the New York Stock Exchange is expected by May 29th. SEC Delays Decision  A delay by the Securities and Exchange Commission (SEC) could … Read more

US Treasury seeks secondary sanctions tool to go after crypto exchanges

The U.S. Treasury is advocating for expanded powers to prevent crypto misappropriation by Iran, Russia, and North Korea. Based on Bloomberg’s report, Deputy Secretary Adewemo highlighted in his prepared statement for the Senate hearing that the administration is dealing with threats from malicious entities who are becoming more cunning at concealing their identities and transferring … Read more

SushiSwap Community Divided Over Proposed Treasury Changes

In simple terms, there’s a heated debate going on among SushiSwap’s community members about how the platform should be governed. The SushiSwap team has put forth an idea to revamp the treasury and token distribution system. Their proposed solution is called the “Labs model,” which they believe will streamline operations and speed up development by … Read more

Bitcoin Halving Could be a ‘Sell-the-news’ Trend for Months

In the world of bitcoin and cryptocurrencies, there’s growing excitement as the anticipated Bitcoin halving approaches in 2024. Steno Research analysts propose an intriguing take: “Buy before the announcement, sell after.” Similar to what occurred prior to the 2016 Bitcoin halving, some analysts predict an increase in BTC value before the event, followed possibly by … Read more

Crypto.com’s Dubai Entity Acquires Full Operational Approval

Today, Crypto.com announced that its Dubai branch, CRO DAX Middle East FZE, has received complete approval from Dubai’s Virtual Assets Regulatory Authority (VARA) to operate. This marks a significant achievement for the company as it prepares to introduce the Crypto.com Exchange, which is open to institutional investors, marking Crypto.com’s first operational milestone in Dubai. The … Read more