XRP ETF Launches After SEC Filing
Canary Capital’s proposed XRP ETF may start trading on Nasdaq this week after filing an 8-A form with the SEC, following Rex-Osprey’s successful launch. #Update #Crypto $XRP
Regulatory & Legal
Includes news and discussions about regulatory measures, legal challenges, and the legal environment affecting cryptocurrencies.
CFTC Chair Hearing Follows Trump’s Pick Withdrawal
Michael Selig, SEC’s crypto task force chief counsel, will be questioned by the Senate Agriculture Committee on Nov. 19 for his CFTC chair nomination amid potential regulatory changes for digital assets. #Update #Legal
SEC Unveils New Crypto Market Structure Bill
The US Senate Agriculture Committee has released a draft bill that enhances the Commodity Futures Trading Commission’s (CFTC) authority over the Securities and Exchange Commission (SEC) for clearer digital asset regulation. #Update #Legal
Bitcoin Spot Trading Under CFTC Control
Senate Agriculture leaders propose granting the CFTC authority over crypto spot markets, requiring registration and protecting self-custody rights. Draft seeks feedback on DeFi oversight. #Update #Crypto
SEC to CFTC Crypto Regulation Shift
Senators John Boozman and Cory Booker propose a bill to shift crypto regulation from the SEC to the CFTC, classifying most assets as digital commodities. #Update #Legal
Bitcoin: Ghana Central Bank Calls Regulation
Ghana’s central bank moves to regulate virtual assets, fostering responsible crypto innovation while ensuring fair competition among financial institutions. #Update #Crypto
SEC Advances Towards Crypto Spot Trading
The CFTC, led by interim chief Caroline Pham, is advancing plans for regulated spot crypto trading amid Congress’s delays, aiming to launch products by year-end. #Update #Crypto $BTC $ETH
SEC Filing Sparks 21Shares XRP ETF Countdown
21Shares updates its XRP ETF filing with the SEC, aiming to list under ticker TOXR on Cboe BZX Exchange. Custody managed by Coinbase, Anchorage, and BitGo. #Update #ETF $XRP
Bitcoin Banks Push Back Against Regulation
Banks are leveraging proxies like the Bank Policy Institute to influence U.S. crypto regulations affecting $BTC and stablecoins in retail and institutional markets. #Update #Crypto $BTC
SEC Opens Review for XRP ETF Launch
@21Shares has filed paperwork for an XRP ETF, potentially launching on the Cboe BZX Exchange under ticker TOXR. Franklin Templeton and Canary Capital are also advancing their XRP ETF filings. #Update #Crypto $XRP
SEC Filing Paves Way for Dogecoin ETF
Bitwise amended its Dogecoin ETF filing, potentially allowing trading in 20 days if the SEC does not object. Dogecoin rose 13% to $0.18. #Update #Crypto $DOGE
Coinbase Fined $25M for AML Violation
@CentralBankofIreland fined @Coinbase Europe Limited €21.5 million (approx. $25 million) for AML violations, missing over 30 million transactions worth €176 billion; first regulatory action in Ireland’s crypto sector. #Breaking #Legal $BTC
Ripple Partners Mastercard Boosts XRP Bitcoin
Ripple partners with Mastercard, WebBank, and Gemini to introduce $RLUSD stablecoin for fiat credit card settlements, potentially boosting $XRP’s long-term utility and value. #Update #Crypto $XRP
USDC Allows Legal Firearm Purchases
Circle updates its USDC terms to allow legal firearm purchases, responding to gun rights advocates’ pressure. Critics highlight centralized stablecoin vulnerability to political influence. #Update #Crypto $USDC