Key Takeaways VanEck, 21Shares, and Canary Capital urge the SEC to revert to its ‘first-to-file, first-to-approve’ standard for crypto ETP approvals. Simultaneous approvals are said to stifle innovation and disadvantage smaller ETF firms. Share this article Three asset managers — VanEck, 21Shares, and Canary Capital — have co-signed a letter urging the SEC to restore
Africa crypto news: A High Court in Gauteng, South Africa, rules that crypto is free from exchange controls. Kenya will host a crypto conference in June. Blockchain.com is setting up an office in Nigeria. South African crypto holders got a major reprieve after the High Court said tokens, including some of the best cryptos to
The U.S. Securities and Exchange Commission (SEC) has officially dismissed its lawsuit against crypto exchange Binance. This puts an end to one of its most high-profile enforcement actions in the crypto space. Joint Dismissal Motion “Huge win for crypto today. The SEC’s case against us is dismissed,” Binance revealed in a May 30 X post.
The Sui community has voted to unlock over $160 million in frozen assets following a major exploit of Cetus, a leading decentralized finance protocol on the network. In a May 29 post on X, Sui (SUI) confirmed that validators representing 90.9% of the total stake voted “yes” in an on-chain governance proposal to move the
Key Takeaways Two NYPD officers have been placed on leave due to their alleged involvement in the kidnapping and torture of a crypto trader. The suspects sought the trader’s crypto wallet phrase during the three-week ordeal in Manhattan. Share this article Two officers from the New York Police Department have been temporarily removed from active
In a move that feels like the end of an era, the Securities and Exchange Commission has officially dropped its lawsuit against Binance and founder Changpeng Zhao. The Binance lawsuit was one of the last major battles left from the government’s earlier crackdown on crypto, and now it’s over. Just like that. How We Got
Russia’s Central Bank has approved the trading of financial instruments tied to crypto prices for qualified individuals. However, these instruments must be non-deliverable, meaning investors won’t be able to hold the digital assets; instead, they will only receive payouts based on price movements. Strict Risk Controls In a May 28 press release, the central bank
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ethereum eyes $4k as the Pectra upgrade looms. Pepeto offers new tools to smooth network congestion. Ethereum is building up energy for a big move. The price has been moving sideways near a strong
Key Takeaways The SEC clarified that protocol staking on PoS networks is not considered a securities offering. Staking activities and related services are classified as administrative or ministerial rather than entrepreneurial. Share this article The US SEC has clarified that certain protocol staking activities on proof-of-stake (PoS) networks do not constitute securities offerings under federal
According to a 28 May 2025 filing by the Bank of Russia, financial institutions can offer “qualified investors” financial derivatives, securities, and digital financial assets whose yields are linked to cryptocurrency prices. Notably, this is a three-year-long experiment. In a press release, the Bank of Russia said that the key condition is that such instruments