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SEC Chair Gensler: Spot Ethereum ETF Approval Process ‘Going Smoothly’


U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler says that the spot ethereum exchange-traded fund (ETF) approval process is “going smoothly.” He stressed that “it’s really about the asset managers making the full disclosure so that those registration...

Report Claims Jump Trading Under CFTC Probe for Crypto Activities


The Commodity Futures Trading Commission (CFTC) has initiated an inquiry into the cryptocurrency activities of Chicago-based Jump Trading, according to a report by Fortune’s Leo Schwartz. This investigation forms part of a larger regulatory review, though it does not suggest any wrongdoing...

SEC Chair Gary Gensler Envisions US Spot Ether ETFs Launching This Summer


U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has indicated to lawmakers that he expects spot ethereum exchange-traded funds (ETFs) to launch this summer. The SEC is still working with fund issuers on their S-1 filings, which must be declared effective before the spot ether...

Congressmen Urge SEC Chair Gary Gensler To Approve Spot ETH ETP


A group of bipartisan House representatives is urging United States Securities and Exchange Commission (SEC) Chair Gary Gensler to approve spot Ether ETPs, a new letter shows. The push for spot ETH ETP approval follows the House’s successful FIT21 vote on  Wednesday. The post Congressmen Urge...

HKIIF Chair Advocates for Hong Kong to Develop CNY-Pegged Stablecoin


Xiao Geng states that the creation of a CNY-pegged stablecoin could expand the offshore Chinese yuan market and elevate Hong Kong’s status in the global financial sector. The post HKIIF Chair Advocates for Hong Kong to Develop CNY-Pegged Stablecoin appeared first on Cryptonews

Top Crypto Gainers Today on DEXScreener – RWIF, DUMB, GME


Trading conditions were broadly bearish on Tuesday as traders focused on a hotter-than-expected US PPI report and commentary from Fed Chair Jerome Powell, with traders having to turn to the on-chain meme coin markets in the hunt for top crypto gainers today. The post Top Crypto Gainers Today...

Former CFTC Chair Christopher Giancarlo Joins Paxos Board of Directors


Paxos, a leading regulated blockchain and tokenization infrastructure platform, has appointed J. Christopher Giancarlo, the former Chairman of the United States Commodity Futures Trading Commission (CFTC), to its board of directors. The post Former CFTC Chair Christopher Giancarlo Joins Paxos Board...

Best Crypto to Buy Now May 14 – SLOTH, DOGEVERSE, WAI


Crypto markets are a see of red on Tuesday in wake of US PPI inflation data and comments from Fed Chair Jerome Powell, with investors struggling to pick which might be the best crypto to buy now. The post Best Crypto to Buy Now May 14 – SLOTH, DOGEVERSE, WAI appeared first on Cryptonews

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