The Hong Kong Securities Supervision Commission today released its newly developed "ASPIRe" roadmap, setting out 12 key measures under the five pillars to enhance the security, innovation and growth of Hong Kong's virtual asset market. The five pillars of the "ASPIRe" roadmap are Access, Safeguards, Products, Infrastructure and Relationships (see annex). These measures will promote global liquidity access, enable security-based adaptive compliance and product frameworks, and promote...
According to NOW Financial reports, the Hong Kong Securities Supervision Commission will announce the virtual asset development roadmap this afternoon. Ye Zhiheng, executive director of the intermediary department of the Securities Supervision Commission, said at the Consensus Forum that it is not difficult to formulate the roadmap, and the focus is on how to implement the roadmap. He revealed that it is not just one road, but includes 12 initiatives. Ye Zhiheng pointed out that on the route...
According to its latest disclosure filing with the Securities Exchange Commission, BNY Mellon held more than $13 million in Bitcoin ETFs at the end of the fourth quarter, including 115,108 WisdomTree Bitcoin Fund (BTCW) shares worth approximately $11.87 million and 25,309 BlackRock iShares Bitcoin Trust (IBIT) shares worth approximately $1.4 million.
The Securities Exchange Commission is seeking public comment on whether the agency should approve options trading on three spot Ethereum ETFs. The Securities Exchange Commission (SEC) sought comments on whether to allow the Cboe Exchange, Inc. to list and trade options on the Grey Release Ethereum Trust ETF, the Grey Release Ethereum Mini Trust ETF, and the Bitwise Ethereum ETF, according to a regulatory filing released Tuesday. Comments should be submitted within 21 days of publication in the F...
According to Cointelegraph, the Securities Exchange Commission (SEC) has confirmed receipt of an application for the Bitwise Spot XRP ETF.
MEMX, the US stock exchange, has filed with the Securities and Exchange Commission for approval to list the 21Shares XRP ETF as a "commodity trust". The move marks another effort by the US exchange to list an ETF containing spot XRP. The filing also highlights the SEC's shift in stance on cryptocurrencies.
According to Bitcoin News, the Securities Exchange Commission (SEC) is in the midst of an open call for new members for its Investor Advisory Committee, established under Section 911 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, to advise the SEC on regulatory priorities, securities products, trading strategies, and more. SEC Acting Chairperson Mark T. Uyeda said that diverse investor perspectives will help the SEC better fulfill its mission. Applicants must submit their appl...
The Securities Exchange Commission (SEC) has suspended a fraud lawsuit against crypto mining company Geosyn Mining and its executives after U.S. federal prosecutors filed similar charges against the company's CEO and two former executives. In a Feb. 14 filing in federal court in Texas, the agency agreed to stay the execution of the case it filed in April 2024 after Geosyn CEO Caleb J.
The Securities Exchange Commission (SEC) previously requested that the deadline for responding to Coinbase's appeal be extended from February 14 to March 14, and Coinbase has agreed to this extension request. The case dates back to June 2023, and the SEC charged Coinbase with offering unregistered securities and failing to meet disclosure obligations. Coinbase has argued that crypto transactions on its platform do not constitute securities, seeking clarification as to whether secondary market tr...
The Hong Kong Securities Supervision Commission has previously approved the listing of Bitcoin and Ethereum futures and spot exchange traded funds (ETFs). When asked whether it would consider allowing the launch of virtual currency leveraged and inverse (L & I) ETFs, the Chief Executive Officer of the Hong Kong Securities Supervision Commission, Liang Fengyi, responded that it would consider the volatility of the relevant assets, and if the volatility is not large, it will consider approving the...
According to regulatory filings filed with the Securities Exchange Commission, Goldman Sachs currently holds only $3.60 million worth of the Grey Release Bitcoin Trust GBTC, following the increase in its holdings of BlackRock and Fidelity Bitcoin ETFs. According to official Grey Release data, as of February 14, GBTC's bitcoin holdings have dropped to about 200,000 (200,118.5305 BTC), with a market value of $19.45 billion.
The Securities Exchange Commission has requested a 28-day delay in Coinbase's appeal as part of a long-running legal battle between the agency and cryptocurrency exchanges over how to classify digital assets. The SEC requested an extension of the deadline from February 14 to March 14, which was the agency's original deadline for responding. The legal dispute between Coinbase and the SEC centers on whether digital assets should be classified as securities or whether they represent a new type of f...
According to the Wall Street Journal, the Securities Exchange Commission (SEC) is paving the way to end several important crypto enforcement actions filed during the Biden administration. The 2023 lawsuit against Coinbase, one of the SEC's largest crypto enforcement actions in recent years, could soon be concluded, the SEC revealed in court filings Friday.
According to a 13F report filed with the Securities Exchange Commission, Millennium Management disclosed holdings in the $2.60 billion Bitcoin Spot ETF and the $182 million Ethereum Spot ETF.
The Securities Exchange Commission (SEC) has confirmed receipt of a 19b-4 filing from 21Shares regarding the spot XRP exchange-traded fund (ETF), indicating that 21Shares is actively pursuing the listing process for the XRP ETF. The 19b-4 filing was filed with the SEC by the exchange seeking approval for rule changes to list and trade specific securities.