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SEC Commissioner Hester Peirce Challenges SEC’s Actions in LBRY Case


Hester Peirce , a commissioner at the Securities and Exchange Commission (SEC), has expressed her strong disapproval of the agency’s handling of charges against cryptocurrency startup LBRY. In a statement released on Friday, Peirce, known for her favorable stance towards the crypto industry...

Fidelity Submits Updated Spot Bitcoin ETF Application


Fidelity has submitted an updated proposal for a spot bitcoin exchange-traded fund (ETF) to the U.S. Securities and Exchange Commission (SEC). The asset manager joins other applicants in continued efforts to address regulatory concerns that have stood in the way of approving the investment product....

Amidst Controversy, Telegram Will Keep Hamas’ Channels Open


Pavel Durov, founder and CEO of Telegram, has explained that Hamas’ communication channel in the application will keep operating. Durov’s statements come after Telegram faced widespread backlash for allowing the Palestinian group to keep posting war-related content on its network. Durov...

Deadline for SEC Appeal Against Grayscale’s Spot Bitcoin ETF Ruling Expires


The U.S. securities regulator has apparently missed a deadline to appeal a court ruling against its rejection of Grayscale’s spot bitcoin ETF application. Media reports, quoting sources familiar with the matter, unveiled ahead of the deadline that the agency was not planning to appeal the decision...

Invesco and Galaxy Pursue Spot Ether ETF Application


Invesco and Galaxy Digital aim to introduce a spot Ethereum (ETH) exchange-traded fund (ETF) as more and more asset managers continue to explore digital asset products. In a Friday post on X (formerly Twitter), Bloomberg ETF analyst James Seyffart revealed that the two asset managers have filed...

Crypto Community Skeptical of Blackrock’s XRP Pivot Rumors


Many crypto proponents have warned that despite a small connection between Blackrock and XRP, the news of the world’s largest asset manager shifting focus from bitcoin to XRP is fake. Blackrock is currently waiting for the U.S. Securities and Exchange Commission (SEC) to greenlight its spot...

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