Category: Law of the Chain
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Russian Policymaker: State Should Seize Illegal Miners’ Crypto
Russian policymaker Yevgeny Masharov proposes seizing crypto from illegal Bitcoin miners to deter unregistered mining activities and ease energy grid strain in regions like Irkutsk Oblast.
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Bitwise Crypto Index Fund Holding BTC, ETH, XRP To Convert Into ETF
The SEC approved Bitwise’s crypto index fund conversion to an ETF, but a regulatory stay delays its launch. The ETF tracks Bitcoin, Ethereum, XRP, and other assets, with Coinbase and BNY Mellon managing holdings.
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Ripple Extends ODL Service into Africa and Middle East News ETHNews
Ripple expands its On-Demand Liquidity service to Africa and the Middle East, develops a USD-pegged stablecoin, and sees XRP’s legal clarity affirmed by a U.S. court, boosting institutional adoption.
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Bitcoin, Ethereum ETF Issuers Likely to Get SEC Approval for In-Kind Redemptions: Analyst – Decrypt
Analyst James Seyffart suggests the SEC may approve in-kind redemptions for Bitcoin and Ethereum ETFs, citing recent filings by five CBOE issuers amending prospectuses, signaling regulatory progress.
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Bank of England Steps Back from Digital Pound as Global Interest in CBDCs Fades – Brave New Coin
The Bank of England is reconsidering its digital pound plans amid global CBDC skepticism. Many countries are pausing or abandoning CBDC projects due to privacy concerns and public opposition, while private stablecoins gain traction.
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DOJ Drops Investigation Into Kraken’s Jesse Powell: Report
The article discusses the latest advancements in blockchain technology, focusing on scalability solutions and their impact on decentralized applications and enterprise adoption.
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FBI Ends Investigation Into Kraken Founder Jesse Powell: Report – Decrypt
The FBI has dropped its investigation into Kraken co-founder Jesse Powell, who was accused of hacking his nonprofit arts group. Powell expressed relief and criticized the legal process.
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Breaking: 21Shares Files For Ondo ETF, ONDO Price Spikes
21Shares files for an ONDO ETF with the SEC, aiming to track the token’s value directly. The ETF will use Coinbase Custody and follows CME’s ONDO reference rate, sparking a 2.3% price surge.
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SEC approves Bitwise crypto index ETF with BTC, ETH, XRP, and Solana
The SEC approved Bitwise’s 10 Crypto Index Fund conversion to an ETF, offering exposure to Bitcoin, Ethereum, XRP, Solana, and six other major cryptocurrencies, signaling regulatory acceptance.
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FBI Drops Kraken Founder Investigation as DOJ Closes Jesse Powell Case – Coinspeaker
The DOJ closed its investigation into Kraken founder Jesse Powell, finding no wrongdoing in a nonprofit dispute. Verge Center board members allegedly withheld key communications during civil proceedings.
