Hashdex Files S1 With SEC for First Spot ETF Tracking Multiple Digital Assets

Source: CryptoNews Asset manager Hashdex has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) for the first-ever spot Exchange-Traded Fund (ETF) tracking multiple digital assets. The proposed ETF aims to provide investors with diversified exposure to numerous digital assets. The final deadline for SEC approval will be March 2025, noted James… Continue reading Hashdex Files S1 With SEC for First Spot ETF Tracking Multiple Digital Assets

U.S. House Approves Crypto FIT21 Bill With Wave of Democratic Support

Source: CoinDesk The House’s passage of the digital assets legislation passes the crypto baton to the Senate, where odds remain low for decisive action. The U.S. House vote goes 279-136 to approve the Financial Innovation and Technology for the 21st Century Act with a very strong showing from House Democrats. The passage of the crypto… Continue reading U.S. House Approves Crypto FIT21 Bill With Wave of Democratic Support

SEC approves rule change to allow creation of ether ETFs

Source: CNBC Key points The decision comes less than six months after the SEC approved bitcoin ETFs. Those funds have proven to be a big success for the industry, with net inflows already surpassing $12 billion, according to FactSet. Ether ETFs are expected to be smaller, at least initially, than their bitcoin counterparts. The SEC… Continue reading SEC approves rule change to allow creation of ether ETFs

Blockchain Association and crypto activist group sue SEC over ‘Dealer Rule’

Source: Cointelegraph The Blockchain Association and a Texas-based crypto activist group are suing the SEC over its controversial “Dealer Rule” expansion, arguing it threatens the digital asset industry and innovation. The Blockchain Association (BA) and the Crypto Freedom Alliance of Texas (CFAT) revealed a new lawsuit against the United States Securities and Exchange Commission (SEC)… Continue reading Blockchain Association and crypto activist group sue SEC over ‘Dealer Rule’

Thailand to Block Access to ‘Unauthorized’ Crypto Platforms

Source: CoinDesk The Thai SEC cited earlier decisions by nations like India and the Philippines in blocking unauthorized platforms. Thai authorities have decided to block “unauthorized” crypto platforms. The authorities have not named the entities they see as unauthorized, but have asked users to quickly withdraw their assets. Authorities in Thailand have decided to block… Continue reading Thailand to Block Access to ‘Unauthorized’ Crypto Platforms