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Rari Capital, Fei Protocol Token Holders Approve Multibillion-Dollar DeFi Merger

After less than a month of deliberation and voting, two decentralized autonomous organizations (DAOs) have consummated one of the highest-profile mergers in DeFi history.On Tuesday at Ethereum block height 13850929, a vote to merge Rari Capital and Fei Protocol was approved by members of both DAOs. The measure passed by

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Grayscale tells SEC ‘no basis’ to approve Bitcoin futures ETFs and not spot ETFs

Grayscale Investments has fired back a the U.S. Securities and Exchange Commission (SEC) over the recent rejection of VanEck’s spot Bitcoin ETF application.The operator of the Grayscale Bitcoin Trust (GBTC) issued a letter to Secretary of the SEC, Vanessa Countryman, on Nov. 29 to argue the SEC is wrong to

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Thai lawmakers urged to approve tourism crypto to entice digital nomads

A push in Thailand to boost gross domestic product (GPD) by targeting crypto digital nomads is coming closer to fruition according to local media. The Tourism Authority of Thailand (TAT) has been looking into launching its own utility token called TAT Coin since September as part of a planned “cryptourism”

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Nasdaq listing hints that the SEC may soon approve ETF application from Valkyrie

The U.S. Securities and Exchange Commission, or SEC, may soon approve an application from crypto asset manager Valkyrie for a Bitcoin Strategy exchange-traded fund, with the shares to be listed on the Nasdaq Stock Market.According to an Oct. 15 notice from the SEC, the agency has accepted the registration of shares

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UAE regulators approve crypto trading in Dubai free zone

Financial regulators in the United Arab Emirates have reached an arrangement to officially allow and support cryptocurrency trading in an economic free zone in Dubai.The Dubai World Trade Centre Authority (DWTCA) announced Sept. 22 that it signed an agreement with the UAE’s Securities and Commodities Authority (SCA) to support the

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Fidelity lobbies SEC to approve Bitcoin ETF in private meeting

Multinational financial services firm Fidelity Investments has pressed the U.S. Securities and Exchange Commission to approve its Bitcoin exchange-traded fund (EFT).A private meeting was held on Sept. 8 between Fidelity Digital Assets President Tom Jessop, six of the firm’s executives and several SEC officials. The finance executives laid out a

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SEC could approve Bitcoin futures ETF in October, analysts predict

The United States Securities and Exchange Commission is likely to approve a Bitcoin (BTC) futures exchange-traded fund (ETF) by the end of October, according to Bloomberg ETF experts.Bloomberg ETF analysts Eric Balchunas and James Seyffart issued an investor note on Tuesday suggesting that last week’s abrupt withdrawals of Ether (ETH) futures ETF

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