Category: crypto

A new wave of crypto exchange-traded funds (ETFs) is expected in 2025, led by Bitcoin-Ethereum products, Litecoin, and Hedera Hashgraph. Legal and regulatory hurdles may delay ETFs tied to Solana and XRP. Litecoin and HBAR have higher odds of approval, but market interest remains uncertain. Regulatory clarity will shape the future of crypto ETFs.

Founder Dennis Porter of the Satoshi Action Fund has proposed an executive order for President-elect Donald Trump to create a Strategic Bitcoin Reserve within the Exchange Stabilization Fund. The order suggests using Bitcoin as a reserve asset, ending auctions of confiscated Bitcoin, and providing oversight mechanisms for transparency and accountability.

Coinbase is fighting against a legal attempt by BiT Global to stop the delisting of wrapped Bitcoin (WBTC), citing concerns about risks associated with TRON founder Justin Sun. Coinbase argues that the lawsuit lacks merit and that BiT’s request for a temporary restraining order should be denied. The case highlights scrutiny over Sun’s influence in…

BlackRock’s spot Bitcoin exchange-traded fund (ETF) IBIT had the most successful launch in over 10 years, with $418.8 million in net flows on Dec. 16. IBIT has surpassed other ETFs in terms of lifetime inflows since 2014, amassing $36.3 billion in net flows and achieving significant daily inflows. Analysts view crypto ETFs as a key…

The Hong Kong government plans to adopt a global crypto tax reporting framework by 2028 after discussions with the OECD. This framework will expand the Common Reporting Standard to cover crypto transactions, aiming to improve transparency and combat tax evasion. Legislative amendments are being prepared, with the first automatic exchange of information expected in 2028.…

Tether has invested in European stablecoin issuer StablR ahead of the implementation of Europe’s MiCA rules. StablR holds a license from the Malta Financial Services Authority and aims to comply with MiCA regulations. Tether’s investment in StablR and other compliant projects shows a shift towards regulatory compliance in the stablecoin market.

EU Member of Parliament Sarah Knafo advocates for a Strategic Bitcoin Reserve over the ECB’s digital euro project. She believes Bitcoin offers decentralized protection against inflation and poor monetary policies, citing El Salvador’s success. Knafo urges EU nations to follow suit and prioritize Bitcoin as a strategic asset to ensure financial freedom.

The Nigerian SEC has implemented stricter rules for influencers promoting crypto products, requiring transparency and licensing by the SEC before endorsements. Promotional content must be labeled as sponsored and use simple language, avoiding misleading claims. Violators face fines, imprisonment, or both. The SEC will monitor and prosecute violators, aligning with global trends in crypto regulation.…

ESMA has released final guidance for the upcoming implementation of MiCA regulations in Europe after 18 months of regulatory efforts. The focus is on tackling market abuse, establishing cooperation between regulators, and ensuring investor protection. The first phase targeted stablecoins, with the second phase addressing broader crypto industry regulations. ESMA aims for consistent and effective…

The Cardano Foundation addresses criticism over internal conflicts and its role in Project Catalyst. It reaffirms commitment to decentralization, governance, and sustainability. Concerns about its alignment with IOG and Cardano Constitution are also addressed. The Foundation plans to improve transparency and voting process for future rounds.