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U.S. Sen. Wyden: House ‘Right’ to Pursue Crypto Bill, Late in Session for More Progress

AUSTIN, Texas – Sen. Ron Wyden (D-Ore.), one of the U.S. Senate Democrats who've shown some support for crypto issues, cast doubt Friday that a legislative solution for the industry would move quickly, but he suggested to an audience at...

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Franklin Templeton’s Jenny Johnson on Bitcoin ETFs, RWA Tokenization and Blockchain’s Potential for TradFi

AUSTIN, TX — Franklin Templeton, the $1.6 trillion asset manager based in Silicon Valley, has been at the forefront of traditional finance heavyweights pushing into the digital asset space."We have looked at blockchain tech [and found] this is going to...

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Ether Spot ETFs to See Much Lower Demand Than Bitcoin Versions, JPMorgan Says

The demand for spot ether (ETH) exchange-traded funds (ETFs) will be a lot lower than for their bitcoin (BTC) equivalents for a number of reasons, JPMorgan said in a research report on Thursday.JPMorgan said it expects spot ether ETFs to...

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Binance Money Laundering Trial in Nigeria Pushed to June 20 Due to Executive’s Illness

A Nigerian court on Thursday adjourned the money laundering trial against Binance and two of its executives to June 20 as one of the executives was ill, a family spokesperson for the executives told CoinDesk.Tigran Gambaryan, a U.S. citizen and...

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SEC Approves Spot Ether ETF Listing, Still Needs to Approve Issuers’ Filings

The Securities and Exchanges Commission (SEC) on Thursday approved 19b-4 forms filed by issuers looking to launch a spot ether exchange-traded fund (ETF), marking a key step forward in bringing the fund on the market, according to an order that...

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Gensler Says ‘Stay Tuned’ on U.S. SEC’s Decision on ETH ETF

WASHINGTON, D.C. — U.S. Securities and Exchange Commission Chair Gary Gensler declined on Thursday to preview his agency's decision on ether (ETH) exchange traded funds (ETFs), though he advised observers to "stay tuned."Though he'd reiterated that the court decision on...

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U.S. House’s McHenry Says Senate May Be Swayed if Many Democrats Back Crypto Bill

The result of next week's expected vote on U.S. legislation to regulate the cryptocurrency industry will strongly influence the odds the U.S. Senate gets on board, said Rep. Patrick McHenry (R-N.C.), the chairman of the House Financial Services Committee and...

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The Crypto Industry’s Influence on U.S. Elections is Bigger Than Ever, Industry Insiders Say

The crypto industry is throwing its weight around in Washington in hopes of influencing the upcoming U.S. elections, spending an unprecedented amount of money to get crypto-friendly candidates elected and educate lawmakers – all in hopes of finally getting a...

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‘Liquid Vesting’ Is Oxymoronic Blockchain Feature That Lets Early Investors Sell Without Waiting

Even in anything-goes crypto trading, there are conventions designed to protect the little guy. One of those is the vesting period – a window of time following a digital-token sale or airdrop where early investors, such as founders, project contributors...

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RWA Platform Re Debuts Tokenized Reinsurance Fund on Avalanche with $15M Commitment from Nexus Mutual

Re, a real-world asset (RWA) platform specializing in offering tokenized reinsurance, said Tuesday it has opened its first open-ended reinsurance fund using the Avalanche (AVAX) network.First investors of the fund include Nexus Mutual, a crypto insurance alternative provider, with a...

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