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The US Internal Revenue Service (IRS), the countryās tax-collection bureau under the Department of the Treasury, has updated its guidance for cryptocurrency exchange-traded products (ETPs) to include a safe harbor for trusts to stake digital assets.Treasury Secretary Scott Bessent wrote in a Monday ā¦
Momentum for institutional adoption of XRP has surged as the Depository Trust & Clearing Corporation (DTCC) added five spot XRP exchange-traded funds (ETFs) to its database, marking a key pre-launch milestone.Related Reading: MEXC Users At Risk Of Losing Their Crypto? Ex-Public Advisor Exposes āStruā¦
Coinbase is launching a new platform for primary token offerings, giving retail investors in the United States access to regulated cryptocurrency initial sales for the first time since 2018.The exchange plans to host about one token sale per month on its new platform, starting with blockchain protocā¦
Ripple doesnāt have any immediate plans to go public despite the recent conclusion of its nearly five-year legal brawl with the U.S. SEC.
The U.S. government shutdown has now stretched into its 38th day, making it the longest in American history. What started as a budget disagreement has turned into a complete halt of federal operations. Because of this political standoff, major bills have stopped moving in Congress, including the CLAā¦
The Ripple price surged 5% in the past hour to $2.32 after 21Shares filed a key amendment for its proposed spot XRP ETF (exchange-traded fund).The move triggers a 20-day SEC review period that could automatically clear the fund for trading by late November.XRP Jumps 5% as SEC Clock Starts on 21Shareā¦
With its years-long SEC battle finally behind it, Ripple appears to be evolving into something far more formidable.
Good morning Asia, markets are painting a deep shade of red today.Bitcoin slid to a five-month low on Wednesday, briefly breaking below $100,000 as investors reacted to the prolonged US government shutdown and fresh signs of slowing growth.Ether led losses, falling more than 12% to $3,179. The drop ā¦
Solana (SOL) is presently priced around $186, after a rather turbulent display in the past week. While the leading altcoin notably showed a significantly volatile price action, bearish sentiments reigned supreme, resulting in a net 4.37% loss. Interestingly, popular expert Ali Martinez has highlightā¦
The amount of XRP currently sitting on all supported cryptocurrency exchanges has shown a decent decline over the last 24 hours, according toĀ data from on-chain analytics platform CryptoQuant.The data shows that XRP exchange reserves have fallen by 0.21% over the past 24 hours as market anticipationā¦
Canary Funds has officially filed an updated S-1 for its XRP spot ETF, removing the delaying amendment that previously stopped the registration from becoming auto-effective. This move transfers the timing control from the U.S. Securities and Exchange Commission (SEC) back to the issuer, putting the ā¦
Fidelity Investments has a pre-effective amendment for its Solana ETF with the Securities and Exchange Commission, moving the registration toward automatic effectiveness. The filing reveals the fund will stake all its SOL holdings to generate returns exceeding the Fidelity Solana Reference Rate whilā¦