Quick Take On May 23, the SEC approved the Ethereum (ETH) exchange-traded funds (ETF). In January, commercial litigator Joe Carlasare suggested that approving a spot Bitcoin ETF indicated that an ETH ETF was nearly certain. Carlasare’s assertion was based on several key points: ETH futures have been trading on the…
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Gate.HK plans a major overhaul to comply with regulations and aims to relaunch services after obtaining the necessary licenses. Source link
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A Nigerian High Court has adjourned the money laundering trial against Binance and its executive Tigran Gambaryan to June 20 because of the executive’s health concerns, according to a May 23 statement from the Economic and Financial Crimes Commission (EFCC). The EFCC reported that the defense counsel, led by Mark…
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Unlike the spot Bitcoin ETF, which was approved via voting by a five-member committee, including SEC chief Gary Gensler, the spot Ether ETF was approved by the Trading and Markets Division of the SEC. Source link
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Available exclusively via How the SEC’s SAB 121 repeal paves the way for balanced crypto regulation Andjela Radmilac · 4 days ago CryptoSlate’s latest report dives deep into the practical realities of SAB 121’s repeal, examining its implications for the crypto industry and exploring the path forward for regulatory oversight.
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A Rabbit spokesperson claimed that the Gama team was forthright with the open sourcing of the project and that the allegation was false. Source link
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Quick Take According to Farside data, on May 23, Bitcoin (BTC) exchange-traded funds (ETFs) saw a significant accumulation of $107.9 million. Notably, five out of the 11 tracked ETFs experienced net inflows. Leading the charge was BlackRock’s IBIT, which reported an inflow of $89.0 million, bringing its total net inflow…
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Justice Neil Gorsuch emphasized that arbitration is a matter of contract and parties can agree to have an arbitrator resolve threshold arbitrability questions. Source link
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Kabosu, the Shiba Inu who became an internet sensation and the face of Dogecoin, passed away peacefully. The crypto community honors her legacy. Source link
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The SEC approved Ethereum ETFs through delegated authority, a decision that could significantly impact the crypto market. Unlike the Bitcoin ETF approval in January, which required an SEC vote, this approval did not undergo a public voting process by commissioners. This method of approval, as noted by James Seyffart, means…