According to Hong Kong media reports, Hong Kong plans to submit a stablecoin issuer supervision system bill to the Legislative Council this year. Jeremy Allaire, co-founder and chief executive of Circle, the world's second largest stablecoin issuer, said that Hong Kong is an important market for USDC and intends to hire more employees and establish business in Hong Kong. It is waiting for the introduction of Hong Kong's new stablecoin regulations. After understanding the regulations, it will con...
According to regulatory filings with the U.S. Commodity Futures Trading Commission (CFTC), Kalshi launched more prediction markets for political events ahead of the U.S. election, including the Ohio referendum result, the Associated Press (AP) announcement of the results of the last state in the presidential race, and more. Since October 31, Kalshi has registered more than two dozen contracts, most of which are related to the upcoming U.S. election, according to CFTC data. According to the Kalsh...
Hedge fund giant Capula Investment Management reported holding a $464 million share of a spot bitcoin ETF in a filing with the Securities Exchange Commission (SEC), dated Monday. According to the documents, Capula holds a share of spot bitcoin ETFs issued by BlackRock and Fidelity.
On July 9, according to the revised S-1 application document submitted to the US SEC, neither the grey release mini-Ethereum mini-trust nor the 21Shares spot Ethereum ETF has set fees.
On July 9, according to a revised S-1 filing with the US SEC, Invesco Galaxy disclosed that its spot Ethereum ETF fee was 0.25%.
Digital bank GXS Bank has received a capital injection of S $229.50 million from backers Singtel and Grab, according to regulatory filings filed with the Accounting and Corporate Regulatory Authority of Singapore. Grab subscribed for the majority of the 229.50 million shares at S $1 per share. The company was allocated 191.80 million shares, while Singtel was allocated 37.70 million shares. The capital injection is part of the share offering and placement plan announced in the resolution of the ...