by Theresa Joy Lacatan | Jun 26, 2024 | Blog News, Crypto News
U.S. spot bitcoin exchange-traded funds (ETFs) recorded a substantial net outflow of $174.45 million on Monday, marking their seventh consecutive day of negative flows. Grayscale’s GBTC led the outflows with $90 million, followed by Fidelity’s FBTC, which...
by Theresa Joy Lacatan | Jun 24, 2024 | Blog News, Crypto News
A California judge on Friday 21 June 2024, ruled that the civil securities litigation against Ripple Labs Inc. will proceed to trial, creating significant ripples in the crypto sector. Judge Phyllis Hamilton of the US District Court for the Northern District of...
by Theresa Joy Lacatan | Jun 24, 2024 | Blog News, Crypto News
On 21 June 2024, 3iQ Digital Asset Management, a leading Canadian digital asset investment firm, has filed a preliminary prospectus for The Solana Fund, aiming to launch North America’s first Solana exchange-traded product (ETP). The Solana Fund plans to list its...
by Theresa Joy Lacatan | Jun 24, 2024 | Blog News, Crypto News
The Directorate of Enforcement (ED) on 19 June, 2024 has arrested Manideep Mago under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, in connection with a significant illegal foreign remittances case. Mago was presented before the court on June...
by Theresa Joy Lacatan | Jun 21, 2024 | Blog News, Crypto News
A U.S. judge has rejected Meta Platforms’ bid to dismiss a lawsuit filed by Australian mining tycoon Andrew Forrest. The lawsuit accuses Meta of negligence for allowing deceptive Facebook ads that used Forrest’s likeness to promote fraudulent crypto schemes....
by Theresa Joy Lacatan | Jun 21, 2024 | Blog News, Crypto News
The Director of the Financial Intelligence Unit of India (FIU-India) has determined that Binance operated in India without fulfilling its statutory obligations under the Prevention of Money Laundering Act (PMLA). This decision follows a thorough review of...
United States CFTC Issues No-Action Relief for QCX Event Contracts
United States SEC Institutes Administrative Proceedings Against Agri-Fintech Holdings for Filing Delinquencies
US CFTC and SEC Staff Clarify Rules on Trading of Spot Crypto Asset Products
United States SEC and CFTC Issue Joint Staff Statement on Spot Crypto Asset Trading
United States CFTC Issues Advisory Clarifying FBOT Registration for Non-U.S. Exchanges