ProShares, Bitwise race to launch CRCL ETFs, targeting August debut amid stock price surge
ProShares and Bitwise filed for CRCL ETFs targeting August launch. ProShares offers 2x leveraged exposure, while Bitwise proposes a covered call strategy. Circle’s stock surged post-IPO, hitting $138.57.
Malaysia’s Crypto Mining to Soar 110% Despite $100M Power Theft
Malaysia’s crypto mining sector is projected to grow 110% despite $100M in power theft. Illegal mining operations strain infrastructure, while legal mining benefits from institutional interest and data center expansion.
BiT Global drops Coinbase lawsuit over wrapped Bitcoin delisting
BiT Global has dropped its lawsuit against Coinbase over the delisting of Wrapped Bitcoin (WBTC), ending a legal dispute that highlighted tensions between exchanges and custodians over token control.
BRCA Included In CLARITY Act, Policy Groups React
Crypto policy groups celebrate the inclusion of the Blockchain Regulatory Certainty Act (BRCA) in the CLARITY Act, which aims to protect noncustodial tech developers while ensuring financial oversight.
Gemini Exchange Files Confidentially for Stock Market Debut News ETHNews
Gemini Exchange filed confidentially with the SEC for a potential IPO, keeping financial details private. The listing depends on SEC approval and market conditions, following trends in crypto company IPOs.
Australian Authorities Charge Four For Crypto Money Laundering
Australian authorities charged four individuals in a US$123 million money laundering scheme involving cryptocurrency conversions and seized US$13 million in assets across two states.
SEC Chair Paul Atkins backs DeFi, rejects forced intermediaries during latest roundtable speech
SEC Chair Paul Atkins supports DeFi and self-custody of crypto, rejecting forced intermediaries. He advocates for clear regulations and innovation exemptions to integrate decentralized finance within US securities law.
Winklevoss Twins-Backed Crypto Exchange Gemini Confidentially Files for IPO With SEC – The Daily Hodl
Gemini, a crypto exchange backed by the Winklevoss twins, has confidentially filed for an IPO with the SEC. The move allows Gemini to keep financial data private while gauging public interest in its stock.
Paraguay warns of ‘irregular activity’ after post claiming BTC is legal tender
Paraguay’s president’s office denied a social media post claiming Bitcoin was made legal tender, urging the public to disregard unofficial information and await official confirmation.
How UK crypto taxes work and what you need to know
The article explains UK crypto taxation, detailing how HMRC treats crypto as property subject to Capital Gains Tax or Income Tax, depending on usage, and outlines taxable activities.
