T-Rex Group Files for a Leveraged MicroStrategy ETF
The financial services firm T-Rex Group has recently applied to establish a leveraged Exchange-Traded Fund (ETF) based on the stock of MicroStrategy in the US.
Coinbase Files Lawsuits Against SEC and FDIC
Coinbase is taking legal action in order to obtain information from the Securities and Exchange Commission and the Federal Deposit Insurance Corporation regarding their stance on cryptocurrency regulation.
US Government Moves Almost 4K BTC to Coinbase
The United States government yesterday transferred a total of 3,940 Bitcoin to a Coinbase Prime wallet, as revealed by onchain data from Arkham Intelligence.
SEC Announces it Closes its Investigation into Ethereum
Consensys has confirmed that the SEC is concluding its investigation into whether Ethereum is a security.
Biden Vetoes SEC’s SAB 121 Repeal
President Joe Biden of the United States has rejected a resolution aimed at overturning the SEC’s Staff Accounting Bulletin (SAB) No. 121.
CFTC Commissioner: FIT21’s Implementation Will Be Slow
The implementation of the Financial Innovation and Technology for the 21st Century Act (FIT21) is expected to be a lengthy process, potentially taking several months or even years for coordination between regulators in the United States prior to the enforcement of the rules.
Donald Trump’s Crypto Assets Holdings Exceed $10 Million
His on-chain portfolio has now exceeded $10 million, mainly thanks to the increasing value of the MAGA (TRUMP) meme coin.
