SEC Delays Decisions on Ethereum ETFs: The U.S. Securities and Exchange Commission (SEC) has delayed its decisions on several Ethereum exchange-traded funds (ETFs), further extending the wait for a regulated Ethereum investment vehicle.
SEC Pushback Forces BlackRock to Modify Bitcoin ETF's Redemption Model: BlackRock, the world's largest asset manager, has modified the redemption model for its Bitcoin ETF after facing pushback from the SEC. The modification aims to address concerns related to the liquidity of the underlying Bitcoin holdings.
Binance settles with CFTC in landmark $2.7B agreement: Binance, one of the largest cryptocurrency exchanges, has reached a $2.7 billion settlement with the U.S. Commodity Futures Trading Commission (CFTC) over allegations of offering illegal trading services and violating anti-money laundering rules.
Avalanche Users Spend $13.8 Million in Transaction Fees in 5 Days: Users of the Avalanche blockchain network have collectively spent $13.8 million in transaction fees over a span of just five days, highlighting the growing popularity and usage of the network.
UK Introduces Regulatory Framework for Digital Securities Sandbox: The United Kingdom's Financial Conduct Authority (FCA) has introduced a regulatory framework for a digital securities sandbox, allowing companies to test innovative digital securities offerings within a controlled environment.
