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Red Hot Admin
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2 months ago
Today’s court hearing between Binance and the SEC has been postponed, according to a minute order published on Jan. 19.
That order reads:
“It has just been announced that the courthouse will now be closed to in person proceedings due to i...
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Red Hot Admin
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2 months ago
The Office of the President of the Republic of Korea urged the financial regulator, the Financial Services Commission (FSC), to reevaluate its stance on spot crypto Exchange Traded Funds (ETFs), local media outlet Maekyung reported on Jan. 19.
The Pr...
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Red Hot Admin
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2 months ago
The U.S. Securities and Exchange Commission (SEC) said on Jan. 18 that it has delayed its decision on Fidelity’s proposed spot Ethereum ETF.
More specifically, the decision concerns a proposed rule change that would allow Cboe BZX to list and t...
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Red Hot Admin
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2 months ago
The non-fungible token (NFT) marketplace from cryptocurrency exchange Coinbase has launched a new AI-generated NFT feature. According to an X post on Jan. 18, Coinbase is introducing a new “Instamint” feature on the marketplace that allows user...
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Red Hot Admin
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2 months ago
Two U.S. agencies announced on Jan. 16 that controversial transaction reporting rules do not apply to digital assets (ie. cryptocurrency).
The Internal Revenue Service (IRS) and Department of the Treasury said:
“Businesses … do not have t...
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Red Hot Admin
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2 months ago
A court hearing between Coinbase and the U.S. Securities and Exchange Commission (SEC) took place on Jan. 17 concerning earlier charges.
In June 2023, the SEC alleged that Coinbase illegally operated a unregistered national securities exchange, broke...
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Red Hot Admin
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2 months ago
Bittensor (TAO) has emerged as the top gainer among the top 100 cryptocurrencies as the platform’s development activity hikes. TAO is up by 18% in the past 24 hours and is trading at $260 at the time of writing. The…
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Red Hot Admin
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2 months ago
South Korean financial authorities are considering introducing specific regulatory measures for cryptocurrency mixers to curb the misuse of these protocols for money laundering by criminal organizations, local media reported on Jan. 15.
The move is d...
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Red Hot Admin
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2 months ago
The U.S. Securities and Exchange Commission (SEC) has agreed to delay a trial against Terraform Labs and its former top executive, Reuters said on Jan. 15.
The regulator said that a “modest” delay of the trial date is justified because Te...
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Red Hot Admin
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2 months ago
India blocked access to global crypto exchanges, including Binance, KuCoin, and OKX, on Jan. 12. India has instituted an IP block that prevents Indians from accessing the URLs of foreign crypto platforms.
As per CryptoSlate’s investigation, how...
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Red Hot Admin
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2 months ago
Senators Ron Wyden and Cynthia Lummis requested an investigation of the U.S. Securities and Exchange Commission (SEC) in a letter on Jan. 11.
The two lawmakers asked the SEC’s Inspector General, Deborah Jeffrey, to open an investigation into a...
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Red Hot Admin
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2 months ago
A JPMorgan executive suggested on Jan. 12 that securities regulators are equally likely to approve or disapprove a spot Ethereum ETF in the coming months.
Nikolaos Panigirtzoglou, a Managing Director for JPMorgan, told The Block:
“In our opinio...
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Red Hot Admin
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2 months ago
South Korea’s Financial Services Commission raised concerns that domestic securities firms brokering overseas-listed Bitcoin spot exchange-traded funds (ETFs) may violate local laws, according to a Jan. 12 notice.
The regulator acknowledged that the...
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Red Hot Admin
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2 months ago
Senator Elizabeth Warren asserted on Jan. 11 that U.S. securities regulators incorrectly decided to approve spot Bitcoin ETFs.
Warren wrote in a post on X:
“The [Securities and Exchange Commission] is wrong on the law and wrong on the policy wi...
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Red Hot Admin
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2 months ago
Grayscale applied for a Bitcoin covered call ETF on Jan. 11, as seen in a filing from the company and in various external reports.
In a statement to Reuters, Grayscale CEO Michael Sonnenshein said:
“This should be received as a declaration of n...