The approval of Bitcoin ETF options by US regulators marks a significant breakthrough in the cryptocurrency trading landscape. On February 7, 2024, the US Securities and Exchange Commission (SEC) announced it requires more time to consider options for Ether ETFs, indicating an evolving regulatory environment. According to a COINOTAG source, “The demand for Ethereum-related financial … Read more
Nikkei, Japan’s daily business newspaper, reports that it was learned on Feb. 7 that the country’s Financial Services Agency (FSA) has engaged Apple and Google, urging them to remove unregistered crypto exchanges from their respective app stores. Japan’s FSA Directs App Stores to Expunge Unauthorized Crypto Platforms On Friday, it was reported that the FSA … Read more
As per the latest Binance Research report, due in part to possible policy measures like a national crypto reserve and stablecoin regulations, the cryptocurrency market recovered from its December decline and reached a high of US$3.76T in January 2025. But when DeepSeek, a new AI model, surpassed ChatGPT as the most downloaded app, late-month progress stalled, … Read more
Cryptocurrency whales are eyeing certain altcoins, hoping for massive returns by 2025. As the market surges, a newcomer is capturing attention with the potential for extraordinary gains. Speculation surrounds whether this rising star could trigger unprecedented growth. Enthusiastic investors are curious to see if it will follow in the footsteps of previous crypto giants. Catzilla … Read more
Coinbase CEO Brian Armstrong highlighted the company’s growing financial footprint, comparing its holdings to major U.S. banks and brokerages. In a post on X, Armstrong stated that Coinbase now holds approximately $420 billion in customer assets. This would make it the 21st largest bank in the U.S. by total assets. If categorized as a brokerage, … Read more
Spain has denied Roger Ver’s final appeal against extradition, paving the way for his imminent transfer to the United States in a case widely viewed as a government crackdown on financial freedom. Spain Denies Roger Ver’s Appeal, Extradition Looms Roger Ver, a longtime advocate for cryptocurrency and individual liberty, faces allegations of tax evasion, with … Read more
This week’s newsletter focuses on “Crypto Mom” Hester Peirce vowing to fix past SEC mistakes.
United States regulators approved the trading of options on Bitcoin ETFs in 2024.
The U.S. Securities and Exchange Commission (SEC) has taken a pivotal step by acknowledging an application for a spot Solana ETF, suggesting a potential shift in its regulatory approach towards cryptocurrency assets. This development marks a significant turn from the SEC’s previous stance under former Chair Gary Gensler, who maintained stringent requirements for crypto products … Read more
Acting CFTC Chairman Caroline Pham called the pilot program a “groundbreaking initiative” for the nascent digital asset sector.