Cboe Global Markets filed a proposal to list and trade shares of a spot bitcoin exchange-traded fund, marking the third time the firm has tried to get US regulatory approval. Cboe BZX Exchange, operated by Cboe, officially filed with the Securities and Exchange Commission on Tuesday to list and trade those shares of the ARK…
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The NBA star appeared in a June 2022 commercial saying he was “all in” on FTX, one of many endorsements that led to a class-action lawsuit following the exchange’s collapse. Lawyers for NBA star Shaquille O’Neal, who previously endorsed the now-bankrupt crypto exchange FTX, have claimed two process servers inadequately delivered legal documents after previous…
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Liechtenstein’s prime minister has reportedly revealed that bitcoin payments will be accepted for some government services. “A payment option with bitcoin is coming,” he said, adding that he is open to investing state reserves in the cryptocurrency. Bitcoin Adoption in Liechtenstein Daniel Risch, Liechtenstein’s prime minister who also serves as the country’s finance minister, has…
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Ripple CEO Brad Garlinghouse has revealed that his company is spending $200 million defending itself against the SEC in its lawsuit over xrp. The executive expects a decision on the lawsuit in three to six months. “If we win the lawsuit, it’ll be clear what xrp is, but the rest of the industry is still…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Liechtenstein Government to Accept BTC as Payment, Everledger Enters Voluntary Administration, NY Attorney General Proposes Banning Exchanges From Trading Their Tokens Read more »Sign up for e-EUR –…
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Beijing has said ‘no’ to crypto, but that doesn’t seem to affect a number of Chinese citizens who have continued trading digital coins since the ban – reportedly, on exchanges including Binance, FTX, OKX, and Huobi. According to a Bloomberg report, some portion of the country’s 1.4 billion people are seeking alternatives to traditional…
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New York State Attorney General Letitia James has proposed “landmark” crypto legislation that claims to be “the strongest and most comprehensive set of regulations on cryptocurrency” in the United States. “Rampant fraud and dysfunction have become the hallmarks of cryptocurrency and it is time to bring law and order to the multi-billion-dollar industry,” said Attorney…
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A lawyer has explained why the U.S. Securities and Exchange Commission (SEC) will likely lose if the regulator takes crypto exchange Coinbase to court over alleged securities law violations. “The problem is entirely of Gary Gensler’s own making,” he stressed. Lawyer Expects SEC to Lose Against Coinbase in Court Lawyer James Murphy explained in a…
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A high court in the United Kingdom recently set aside a proprietary injunction that was issued against the crypto exchange Binance. In its application challenging the injunction, Binance said the action had been taken without notice. Binance also said it could not comply with the injunction since it was granted after the fraudulently acquired crypto…
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The US-based crypto exchange Coinbase is facing an “existential risk” as the Securities and Exchange Commission (SEC) continues its crackdown on the crypto industry, a financial analyst has warned. The warning from the analyst followed renewed concerns among Coinbase investors that tokens listed on the exchange could be considered securities under SEC rules, a change…
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