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The US Securities and Exchange Commission (SEC) has begun examining a new proposal for a spot XRP exchange-traded fund (ETF). The application was submitted by asset manager WisdomTree.If approved, this would be the first spot XRP ETF in the country. The product is designed to allow investors to gain…
Moomoo, a global trading platform, is expanding into cryptocurrency. The company will launch a new service called Moomoo Crypto for its U.S. users. The launch is part of Moomoo’s plan to grow beyond traditional securities trading.Moomoo operates in the United States, Australia, and Japan. It is a su…
The 25-year prison sentence of Sam Bankman-Fried, the founder and former CEO of the now-collapsed FTX, might be reduced by more than four years, according to a report by Business Insider. So, if everything goes in Bankman-Fried’s favour, he could be released in December 2044.Cutting Down a 25-Year P…
Outgoing Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger confirmed yesterday (Thursday) that the agency might “very soon” authorise the issuance and circulation of crypto perpetual contracts.It Would Be “Great to Get that Trading Back Onshore”Speaking to Bloomberg TV, Mersi…
Coinbase (Nasdaq: COIN) is set to join the S&P 500 index on 19 May 2025. The index tracks the largest 500 publicly listed companies in the US across various sectors, including finance, tech, healthcare, and more. Coinbase will be listed under the financials sector.The cryptocurrency exchange will re…
Cryptocurrency firm Tether has set its sights on artificial intelligence, a new project that combines open-source design, self-custody, and peer-to-peer payments. Its upcoming Tether AI platform aims to allow users to make direct transactions in Bitcoin and USDt, the firm’s stablecoin, highlighting …
Despite being pushed out of the South Korean market earlier this year, crypto exchange KuCoin isn’t ready to give up on the region. The platform's newly appointed CEO, BC Wong, has made it clear that a return is not only possible but planned, though only after a broader global compliance effort take…
Kraken has introduced Kraken Embed, a new Crypto-as-a-Service (CaaS) product. It is designed for neobanks, fintech companies, and traditional banks. The service allows institutions to offer cryptocurrency trading to their customers.Earlier this month, Kraken expanded beyond crypto by launching FX pe…
PayPal (NASDAQ: PYPL) announced that the U.S. Securities and Exchange Commission (SEC) has closed its investigation into the company’s USD-backed stablecoin, PayPal USD (PYUSD), with no enforcement action taken.SEC Ends PayPal Stablecoin Probe, No Enforcement ActionThe payments provider disclosed in…
Brazil greenlights XRP spot ETF while U.S. optimism builds. With legal drama, ETF hype, and market momentum, XRP traders stay on high alert as the token outpaces the market.Brazil Says “Sim” to XRP: The First Spot ETF LandsMove over Bitcoin and Ethereum — XRP is taking center stage in Brazil. On Apr…
North Korean hackers reportedly established seemingly legitimate companies on U.S. soil to infiltrate the crypto sector, targeting unsuspecting developers through fake job offers. With legal registrations, corporate fronts, and social engineering, the attackers concealed their true identities behind…
CME Group plans to introduce futures contracts tied to cryptocurrency next month, pending regulatory clearance. The initiative marks another expansion in CME's push to offer regulated crypto derivatives, following its recent Solana futures debut.Ranked #4 with a market capitalization of $129 billion…