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According to Coindesk, Standard & Poor's Global Ratings said in a report on Wednesday that the lack of regulation of stablecoins in the United States is one of the main obstacles to the adoption of the currency. Analysts led by Mohamed Damak pointed out that the lack of regulation is one of the main obstacles to the adoption of stablecoins in the United States and hinders the wider institutional adoption of stablecoins. Stablecoins will play an increasingly important role in on-chain transaction...
According to a draft document, the G7 is considering lowering the Russian oil price cap in order to put pressure on Russia to reach a ceasefire as soon as possible. Click to view...
According to an internal recording, at a recent employee meeting held by a Tesla unit, Tesla employees and senior executives publicly expressed concerns about Musk, arguing that he is damaging the company and its sustainability mission. Two Tesla employees said that dissatisfaction with Musk is growing across the company. Some employees believe that Musk's work for the Trump administration has made him less concerned about Tesla. In addition, due to Trump's...
According to a public regulatory filing, the New York Stock Exchange submitted a proposal to the SEC to allow grey release of Ethereum ETFs as collateral.
According to a public legal filing, U.S. Judge Amy Berman Jackson in Washington, D.C., has granted a joint motion by Binance and the Securities Exchange Commission (SEC) to stay the litigation for 60 days. At the same time, the judge also asked the two sides to submit a joint status report by April 14. This means that the litigation against Binance will be temporarily suspended, giving the two sides time to negotiate or seek other solutions.
The Cboe BZX exchange has filed a Form 19b-4 proposal to allow the 21Shares Core Ethereum exchange-traded fund (ETF) to pledge Ethereum, pending further action from the Securities Exchange Commission (SEC). According to the document, the exchange plans to amend some of the terms of Eth ETP Amendment No. 2 to allow the trust's holdings of Ethereum to be pledged. Bloomberg ETF analyst James Seyffart pointed out that this is the first time it has filed with the SEC...
A new report from the Security Token Market predicts that asset tokenization will reach $30 trillion by 2030, led by stocks, real estate, bonds, and gold. The report argues that if the United States has the right attitude towards cryptocurrencies, Congress will introduce new legislation to ensure that the market has clarity on the classification of tokens (official taxonomy) and the structure of the stablecoin market.
Trump 2.0's first non-farmers hit tonight. This time, what kind of transcript will he hand over? Click to view...
It is rumored that Trump will try to force Zelensky to agree to a peace plan for a ceasefire with Russia by Easter on April 20. Click to view...
Coinbase has filed an amicus curiae brief in the ongoing bankruptcy of Prime Trust, urging the court to uphold the legal protection of client assets held by custodians. Paul Grewal, Coinbase's chief legal officer, released the document, stressing that client assets should not be included in the bankruptcy proceedings of custodians. The company advocates for the implementation of Article 8 of the Uniform Commercial Code (UCC), which ensures that assets held by the custodian belong to the custo...
Recently, Messari released an in-depth report on Galxe, the Web3 super app. The report highlights Galxe's significant growth in authentication, community engagement, and real-time AI-powered cryptographic insights through its comprehensive offerings such as Galxe Passport, Galxe Quest, Galxe Identity Protocol, Galxe Score, and Alva, an AI-driven cryptographic insights tool, and services. The Galxe ecosystem is experiencing explosive growth,...
Class A share's first annual report in 2024 was released, and Jucan Optoelectronics' net profit in 2024 was 195.50 million yuan, an increase of 61.44% year-on-year.
New York's Department of Financial Services has issued a consumer alert warning against "sentiment-based virtual currencies," known as meme coins, highlighting their extreme volatility, lack of regulation and high risk of fraud, including "chive-cutting" schemes that suddenly drive up shipments. The department warned that these tokens are often...
TikTok leadership said in an internal memo that it plans to continue paying U.S. employees even if the U.S. Supreme Court does not overturn laws that force the sale of U.S. TikTok or ban TikTok in the U.S. TikTok has 7,000 employees in the U.S., according to market sources.
According to a public regulatory filing, the SEC has delayed the decision to apply for the conversion of the Bitwise 10 Crypto Index Fund (BITW) into an ETF until late July. This means that it will still take longer for the Bitwise ETF to be approved. In addition, Bloomberg ETF analyst James Seyffart pointed out that the next deadline for the grey release's GDLC is February 2. Delays are also expected.
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