SEC Backs Do Kwon’s Request to Delay TFL Hearings
Do Kwon, co-founder of the now-collapsed Terraform Labs (TFL), requested a delay for the trial, which the Securities and Exchange Commission (SEC) supported.
JPMorgan: Funds Will Move From GBTC to Other Bitcoin ETFs
JPMorgan analysts predict that if approved, registered Bitcoin ETFs could bring in up to $36 billion,.
OKX Secures License in Dubai
One of the world’s largest cryptocurrency exchanges, OKX, has announced that it has obtained a regulatory license in Dubai.
HashKey Reaches Unicorn Status
HashKey Group, the operator of a Hong Kong-based crypto exchange, announced on Tuesday that it has almost reached its fundraising goal of $100 million.
SEC’s Approval of Ethereum ETFs is Not Certain in Near Future
According to investment bank TD Cowen, it is unlikely that the US Securities and Exchange Commission will approve spot Ethereum exchange-traded funds (ETFs) in the near future.
GameStop Closes its NFT Marketplace
GameStop has issued a warning to its users that it will be gradually discontinuing its NFT marketplace next month due to uncertainty surrounding regulations.
Fidelity: Fed Rate Cut Will Benefit DeFi and Stablecoins
Fidelity predicts that institutions will once again become interested in DeFi products and stablecoins if traditional finance (TradFi) yields decrease due to the Federal Reserve’s policies.
