The SEC approved generic listing standards that let three national securities exchanges adopt a streamlined path for new spot cryptocurrency and other spot commodity exchange-traded products, clearing the last hurdle for dozens of spot ETFs and shortening launch timelines from…
Do FCA crypto rules exempt firms from integrity duties?
Britain’s financial regulator set out FCA crypto rules that could waive four long-standing conduct principles for crypto asset trading platforms while tightening resilience standards, aiming to keep firms competitive without diluting baseline protections; the move follows an April signal that…
Santander’s Openbank launches crypto trading in Germany
Santander’s Openbank has launched crypto trading in Germany, giving customers access to Bitcoin, Ether, Litecoin, Polygon (POL), and Cardano. The service runs under the EU’s Markets in Crypto-Assets Regulation, allowing trading within the same platform used for traditional investments. With…
Did Gemini and the SEC reach a resolution in principle?
Gemini and the U.S. Securities and Exchange Commission told a Manhattan federal court that they reached a resolution in principle to end the case over the Earn lending program. The filing asked Judge Edgardo Ramos to pause all deadlines until…
Is France raising legal risks around crypto passporting?
France’s financial regulator has warned that crypto passporting under the EU’s MiCA framework may create weak points in oversight, raising the risk of firms exploiting lighter rules in certain jurisdictions. The Autorité des marchés financiers (AMF) says it may even…
Pantera and Summer Capital raise $1.25B for Solana treasury
Helius Medical Technologies plans to raise up to $1.25 billion to create a Solana-focused digital asset treasury, with Pantera and Summer Capital leading the deal. The structure includes $500 million in available capital and $750 million in warrants for future…
Can Tether win share in a US market led by Circle USDC?
Tether has taken a step that changes its position in the crypto market. After years of operating without a permanent base, the company set up its headquarters in El Salvador earlier this year. On Friday, founder Paolo Ardoino appeared in…
Could Tether introduce a US stablecoin with Bo Hines as CEO?
Tether announced the launch of its U.S. stablecoin, USAT, during an event in New York City, signaling a major shift for the firm after years of regulatory scrutiny. The new token will operate under the Genius Act, with Anchorage Digital…
Did Figure climb after a $787.5 million IPO to $6 billion?
The market watched figure make its public debut on Nasdaq after raising $787.5 million, opening at $25 per share and climbing almost 30% to about $32 by Thursday afternoon, which set an equity value near $6 billion for the ticker…
Winklevoss Twins’ Gemini targets $3 billion value this week?
Winklevoss Twins’ Gemini enters listing week with trading slated for Friday, a valuation target above $3 billion, and a dispute that overlaps with the nomination of Brian Quintenz to lead the CFTC. The exchange, founded in 2014 by Cameron and…