High-Leverage ETF Plans Challenged by SEC Letters
Plans for new leveraged exchange-traded funds have encountered regulatory resistance.
Plans for new leveraged exchange-traded funds have encountered regulatory resistance.
The UK has taken a pioneering step by writing digital asset property rights into statute law.
The Japanese government is backing a legislative plan to cap the tax on cryptocurrency profits at 20%, finally moving digital assets out of the “miscellaneous income” category.
China’s central bank and a dozen other agencies have pledged to refresh the nationwide suppression of cryptocurrency.
Data shows outflows dominated most of the month before a late influx. While Bitcoin and Ethereum funds saw major outflows, newer altcoin ETFs gathered inflows.
The World Federation of Exchanges has urged the regulator not to grant special exemptions that would let crypto companies sell tokenized stocks without being registered broker-dealers.
MoonPay is set to launch crypto custody and over-the-counter trading services for New York clients after being granted a state trust charter.

"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)
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