Costa Rica’s National Bank Bitcoin ETF Attracts Over 250 Investors in First Months News ETHNews
Costa Rica’s National Bank Bitcoin ETF attracted 254 investors with $631,000 invested, offering 12.46% returns. The ETF simplifies Bitcoin exposure without direct ownership amid growing crypto interest and regulatory debates.
Crypto industry urges SEC to clarify staking stance
Crypto industry groups are pressing the SEC for clear staking regulations, citing uncertainty for Web3 providers. The SEC has engaged more but lacks formal guidance, delaying staking ETFs and compliant services.
Cambodia’s Officials Tied to $19B Crypto Scam Network Fueled by Forced Labor, Report Finds
A report links Cambodian officials to a $19B crypto scam network using forced labor, with Huione Group at its core. The operation spans rural areas and involves stablecoins for illicit transactions.
Coinbase Faces Investor Lawsuit Over Alleged Damages From Data Breach – Decrypt
Coinbase faces an investor lawsuit alleging financial losses due to delayed disclosure of a data breach and misleading statements. The stock dropped 7% post-revelation but has since recovered slightly.
U.S. Banking Groups Urge SEC to Scrap Cyber Disclosure Rule, Citing National Security Risks
U.S. banking groups urge SEC to withdraw cybersecurity disclosure rules, citing national security risks, operational disruptions, and potential advantages to hackers from premature incident reporting.
Trump Media Plans $3B Raise to Buy Bitcoin and Crypto Assets as Ethics Firestorm Looms
Trump Media plans a $3 billion raise to buy Bitcoin and crypto assets, expanding Trump-affiliated holdings. Legal experts assess ethics implications, while market analysts note potential liquidity impacts.
FTX Founder Sam Bankman-Fried To Leave Jail Earlier – Coinspeaker
FTX founder Sam Bankman-Fried may serve less than his 25-year sentence due to good conduct and prison programs. His parents seek a pardon, while his release is estimated for December 2044.
Sam Bankman-Fried to Walk Free in 2044 – BOP Quietly Knocks 4 Years Off 25-Year Term
Sam Bankman-Fried’s prison term reduced to under 21 years, with release set for 2044. FTX creditors to receive up to 120% payout as SBF associates face sentencing for their roles in the $8B fraud.
Veteran capital in crypto is shaping South Korea’s elections
Cryptocurrency is a key issue in South Korea’s snap presidential election, with candidates proposing crypto-friendly policies like Bitcoin ETFs and easing banking restrictions to attract digital asset investors.
Coinbase Hit With Class Action Over Alleged Disclosure Failures and Data Breach – Legal Bitcoin News
Coinbase faces a class action lawsuit alleging it misled investors about compliance failures and data security risks, resulting in shareholder losses.
