Financial giant Citadel has urged the SEC to reject broad exemptions for decentralized finance (DeFi) in relation to tokenized stock trading. The firm claims that DeFi venues may […]
Citadel Securities Opposes DeFi Exemptions, Raises Concerns about Regulatory Imbalance
Citadel Securities has sent a formal letter to the U.S. Securities and Exchange Commission (SEC) urging them to deny regulatory exemptions for decentralized finance platforms that use tokenized […]
Citadel Challenges DeFi Tokenization: Calls for Traditional Securities Regulations
Hedge fund giant Citadel Securities has taken aim at decentralized finance (DeFi) by raising concerns about its tokenized equity offerings in a letter to the SEC, proposing regulatory […]
SEC Cracks Down on Risky Leverage ETFs, Impacting Crypto Markets
The U.S. Securities and Exchange Commission (SEC) has issued a warning to ETF issuers regarding the launch of high-leverage exchange-traded funds (ETFs). The regulator is urging caution in […]
Gary Gensler Sees Crypto Market as Speculative, Highlights Bitcoin’s Distinctiveness
Former US SEC Chair Gary Gensler has reiterated his warnings about the risks of cryptocurrency investments, asserting that most tokens are driven by speculation rather than fundamental value. […]
Securitize Launches Pan-European Trading & Settlement System on Avalanche
Securitize is launching a groundbreaking regulated trading and settlement system in Europe. The platform, built on the Avalanche blockchain, will offer a single digital venue for tokenizing securities […]
CoinShares Halts Plans for XRP, Solana, and Litecoin ETFs After SEC Filing
CoinShares has withdrawn its proposals for exchange-traded funds (ETFs) based on XRP, Solana, and Litecoin. This decision follows a recent Securities and Exchange Commission (SEC) filing that reveals […]
Franklin Templeton to Launch Solana ETF Following XRP ETF Approval
Franklin Templeton Securities has officially submitted its final application to the SEC for a Solana exchange-traded fund (ETF), following the successful launch of its rival XRP ETF. This […]
US Banks Hold $395 Billion in Undervalued Securities, New Data Reveals
New figures from the Federal Deposit Insurance Corporation (FDIC) reveal that US banks are carrying a staggering $395 billion in unrealized losses on their investment securities portfolios for […]
SEC Approves Bitwise 10 Crypto Index ETF for Trading
The U.S. Securities and Exchange Commission (SEC) has given the green light to Bitwise’s 10 Crypto Index ETF, paving the way for its trading on NYSE Arca. The […]
UK Financial: First-Ever SEC-Ready Tokens Listed on Centralized Exchange
UK Financial Ltd announced today that it will list two ERC-3643 tokens, Maya Preferred PRA (MPRA) and MayaCat (MCAT), on a centralized exchange. This landmark event marks the […]
SEC Unveils New Guidance for Crypto ETFs Following Shutdown End
The U.S. Securities and Exchange Commission (SEC) has released new guidance, aiming to expedite the approval of pending cryptocurrency exchange-traded fund (ETF) applications following the end of the […]
SEC Unveils New ‘Token Taxonomy’ to Classify Crypto Assets
The U.S. Securities and Exchange Commission (SEC) has announced a new framework for classifying crypto assets, aiming to streamline regulations and boost institutional participation in the sector. This […]
SEC Review Deadline Looms as 21Shares Prepares to Launch XRP ETF
21Shares has initiated the registration process for its proposed spot XRP ETF with the U.S. Securities and Exchange Commission (SEC). The filing kicks off a crucial 20-day review […]
Tether, KraneShares, and Bitfinex Team Up to Drive Tokenized Securities Market Growth
Three industry giants – Tether, KraneShares, and Bitfinex Securities – have joined forces to accelerate the adoption of tokenized securities globally. This strategic partnership, leveraging Tether’s Hadron platform, […]