The filing signals progress toward a possible spot cryptocurrency index ETF listing in the US.
Crypto Law Articles
Crypto founders increasingly look to ‘geofencing’ amid US uncertainty
Variant Fund chief legal officer Jake Chervinsky says geofencing is an extreme measure to ensure compliance with US law.
Judge axes class action claiming Iris Energy misled investors during IPO
Iris Energy went public in late 2021, raising $232 million from an IPO, but its stock price fell quickly not long after, along with the rest of the crypto market.
Middle East accounts for 7.5% of global crypto volume — Chainalysis
According to the World Bank, less than 50% of adults in the Middle East and North Africa region had access to adequate banking services.
Mark Cuban says he wants Gary Gensler’s job as head of the SEC
The crypto-friendly billionaire appears to be throwing his full support behind US presidential candidate Kamala Harris.
SEC Chair Gensler plugs changes to exchange definition that worries crypto
Gary Gensler reminded a conference on Treasury bonds about a proposed rule change that would impact DeFi, too.
Watchdog: Visa–Mastercard ‘duopoly’ spends millions blocking competition
According to a report, the two companies spent a combined $80 million lobbying against credit card competition acts.
US sanctions Russian crypto platforms for money laundering ties
Two crypto exchanges and two individuals have been sanctioned for ties to underground finance.
Terraform Labs may close products, services in bankruptcy wind-down
Terraform Labs plans to shut down several services by Oct. 30 unless third parties step in, following a wind-down after its SEC settlement in June.
Financial institutions are experimenting with Bitcoin-backed lending — Ledn
Lower interest rates and accelerating crypto adoption are spurring more financial institutions to try Bitcoin-backed lending.
NYC’s pro-crypto Mayor Eric Adams indicted on corruption charges
New York City Mayor Eric Adams said he would fight the federal criminal charges with “every ounce of my strength and spirit.”
Terror victims claim DOJ withholding share of $4.3B Binance penalty
Four people who are victims or family of victims of state terrorism sued the Justice Department, claiming it hasn’t put the appropriate funds from Binance’s settlement into a victim fund.