Hong Kong Could Allow Staking for Spot Ethereum ETFs
Hong Kong’s Securities and Futures Commission is considering allowing the staking of Ether in spot Ethereum ETFs in the region.
Hong Kong’s Securities and Futures Commission is considering allowing the staking of Ether in spot Ethereum ETFs in the region.
The Securities and Exchange Commission (SEC) yesterday approved a rule change that allows for the creation of ETFs that invest in Ether, one of the largest cryptocurrencies in the world.
On Tuesday, the daily trading volume for Ethereum futures ETFs reached a record high as excitement grew over potential spot approvals from the US Securities and Exchange Commission.
Binance.US successfully appealed the suspension of its money-services business license in Florida.
The House of Representatives passed the FIT21 Act on Wednesday with a 279-136 vote, aimed at establishing a clear regulatory framework for crypto assets.
In the first quarter of this year, venture capital investors invested $2.4 billion in blockchain startups, according to a study by Pitchbook cited by Reuters.
The presumptive Republican nominee for the 2020 presidential election, Donald Trump, has stated that his campaign will now be accepting donations in the form of various cryptocurrencies.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
Altcoin Altcoins Banks Beginner's Guide Bitcoin Blockchain chain China crypto Cryptocurrency Crypto exchanges Crypto mining Crypto regulations decentralization Decentralized Finance Digital Assets ETH Ethereum Exchange-traded fund Fintech Funding Hackers India Investment Iran Japan Layer 2 Metaverse Mining NFT NFTs North Korea Regulation Russia Smart Contract South Korea Stablecoins Staking Tesla Twitter UK Ukraine US Wallet Web3