The year 2023 has witnessed a significant surge in the focus on digital asset regulation, with various legal frameworks proposed worldwide to enhance the safety and integrity of the industry. Among these frameworks, the European Union’s adoption of the Markets in Crypto Assets (MiCA) framework stands out. While many countries acknowledge the importance of implementing
Regulation
The road to approval for a spot Bitcoin ETF has taken an interesting turn as securities regulators are now instructing applicants to handle funds in a specific way. Bloomberg analyst Eric Balchunas reports that the SEC’s Trading & Markets division has engaged with exchanges regarding spot Bitcoin ETF 19b-4s, specifically advising them to consider cash
In a recent filing with the Securities and Exchange Commission (SEC), Fidelity Investments has applied for a spot Ethereum exchange-traded fund (ETF). This move comes shortly after Fidelity’s competitor, BlackRock, submitted a similar filing for its own spot Ethereum ETF. With the two largest asset managers in the world entering the cryptocurrency ETF race, the
