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Simplify Asset Management has filed an application with the U.S. Securities and Exchange Commission (SEC) for an exchange-traded fund (ETF) focused on Web 3.In a filing Wednesday, Simplify said the “Simplify Volt Web 3 ETF” would trade under the ticker symbol “WIII” and track Web 3 companies that are expected
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We FOIA’d former Treasury Secretary Steven Mnuchin’s emails. Here’s what we found.You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions.The Mnuchin filesThe narrativeCoinDesk filed a Freedom of Information Act (FOIA) request with the U.S. Treasury
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The idea of a digital U.S. dollar had an early behind-the-scenes advocate inside the Trump administration in the president’s son-in-law, newly unearthed documents show.On May 28, 2019, Jared Kushner, special adviser to the president and Ivanka Trump’s husband, emailed Treasury Secretary Steven Mnuchin. The message included a link to a
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The U.S. Securities and Exchange Commission (SEC) made a surprise attack on the Ripple case by filing a letter of supplemental authority to strike Ripple’s “fair notice” defense. Simultaneously, the token XRP is down 2.33% in the last 24 hours to $0.7 following the market’s downtrend. The SEC’s Surprise Move As the
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The United States Securities and Exchange Commission (SEC) has filed a suit against Australian Craig Derel Sproule for the allegedly “fraudulent and unregistered” sale “of digital asset securities” in an Initial Coin Offering his company conducted in 2018.The SEC alleges in a Jan. 6 complaint that Sproule’s company, Metavine, Inc.
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ProShares has filed an application with the U.S. Securities and Exchange Commission (SEC) for an exchange-traded fund (ETF) focused on the metaverse.In a filing Wednesday, ProShares said the “Metaverse Theme ETF” would track the performance of the Solactive Metaverse Theme Index, which includes companies exposed to the metaverse industry.The index
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Tuesdays can be boring, but an ongoing Twitter drama is captivating the attention of many blockchain enthusiasts. Ask The Doctor, a Canadian medical questions and answers website, announced that it would be suing Shytoshi Kusama, volunteer project lead of meme token Shiba Inu (SHIB), for alleged libel and will attempt
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Navi Mutual Fund, which is backed by Flipkart co-founder Sachin Bansal, summited a draft filing with Indian market regulator Securities and Exchange Board of India (SEBI) to list a blockchain fund.According to the filing, Navi Blockchain Index Fund of Fund will invest in other funds that are based on the
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Denver-based investment firm Kelly Strategic Management has filed for an exchange-traded fund (ETF) offering exposure to Ethereum (ETH) futures contracts.The move comes just three months after VanEck and ProShares suddenly withdrew their ETH futures ETF applications on the same day in August. According to a Nov. 29 filing with the
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