Wednesday, April 17, 2024
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Is Binance’s $4B settlement the green light for spot Bitcoin ETFs?

Binance’s $4.3 billion settlement with the United States was the final hurdle before the country’s securities regulator approves spot Bitcoin exchange-traded funds (ETFs), many industry watchers claim.The settlement involved Binance agreeing to Justice Department and Treasury compliance monitors for up to five years, allowing the agencies sweeping powers to keep

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Fidelity seeks green light for Ethereum ETF, following BlackRock’s filing

Fidelity, an asset management firm overseeing $4.5 trillion in assets, has become the latest firm to seek approval for a spot Ethereum (ETH) exchange-traded fund (ETF).In a filing with the United States Securities and Exchange Commission (SEC) on November 17, Fidelity proposes to list and trade shares of the Fidelity Ethereum Fund

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XRP, TON Are Given Green Light by the Dubai International Financial Centre (DIFC) for Legal Use

More than 4,300 registered companies operating within the DIFC can now integrate XRP and TON tokens into their virtual asset services. The Dubai Financial Services Authority (DFSA) has added XRP (XRP) and Toncoin (TON) to the list of tokens that can be legally utilized within the Dubai International Financial Centre (DIFC).

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Hut 8 receives green light from Canadian Supreme Court for USBTC merger

Canadian Bitcoin mining firm Hut 8 is set to wrap up its planned merger with US Bitcoin (USBTC) following final approval from the Supreme Court of British Columbia.Hut8 and USBTC announced the move in February 2023, which was subject to shareholder and regulatory approval. The merger will see Hut 8 and

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ABN Amro issues 5M euro digital green bond through Polygon-powered Tokeny

Dutch bank ABN Amro has carried out a digital green bond offering that made use of Polygon’s layer-2 Ethereum scaling technology to raise 5 million euros ($5.3 million).The green bond was issued as an ERC-3643 token through Tokeny, an infrastructure platform that uses Polygon to allow financial institutions to issue

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