Regulation on the Horizon: UK Takes Steps in the Crypto Industry

Key Highlights The United Kingdom (UK) is on a definitive path to regulate the ever-expanding crypto industry, as it recently confirmed its intentions to introduce formal legislation for crypto activities by 2024. This announcement follows a response to a consultation…

Grayscale’s Ethereum ETF Initiates 240-Day Evaluation Period, Anticipates Bitcoin Equivalent in January

Grayscale, the renowned crypto giant, has recently submitted an application to the U.S. government for the launch of an Ethereum Exchange-Traded Fund (ETF) targeting the spot market. This move has significant implications as it initiates a 240-day timeline for the…