The U.S. Securities and Exchange Commission (SEC) has granted approval for Grayscale Investments’ Digital Large Cap Fund (GDLC) to operate as an Exchange-Traded Fund (ETF). This landmark endorsement signifies a major advancement for the regulated management of crypto assets, providing… Read More »Grayscale’s Diversified Crypto Fund Secures SEC ETF Approval
Cryptocurrency industry-aligned political action committees (PACs) are actively shaping U.S. electoral outcomes by strategically funding candidates supportive of digital asset policies. Protect Progress PAC, an affiliate entity of Fairshake PAC, invested over $1 million in media buys supporting James Walkinshaw… Read More »Crypto-Backed PACs Fund Pro-Digital Asset Candidates in Bid to Reshape U.S. Elections
Connecticut has enacted legislation prohibiting state and local government investments in digital assets. House Bill 7082, signed into law, explicitly bars Connecticut state entities from allocating funds to cryptocurrencies. The law represents a cautious regulatory approach towards digital assets. It… Read More »Connecticut Bans State Cryptocurrency Investment As Legislators Adopt Restrictive Stance
Vanadi Coffee has announced plans to invest up to €1 billion in Bitcoin, marking a strategic pivot toward cryptocurrency-centric treasury management inspired by MicroStrategy’s approach. The coffee company aims to transform its financial reserves through Bitcoin accumulation despite facing Spain’s… Read More »Vanadi Coffee Plans €1 Billion Bitcoin Treasury Shift Amid Regulatory Headwinds
Purpose Investments has received final regulatory clearance from the Ontario Securities Commission (OSC) to launch the Purpose XRP ETF on the Toronto Stock Exchange. The approval enables the ETF to commence trading starting June 18, providing investors with a regulated… Read More »Purpose Investments Secures OSC Approval for XRP ETF Launch on Toronto Stock Exchange
Coinbase’s latest research report identifies three key drivers behind Bitcoin’s sustained upward trajectory: improving macroeconomic conditions, growing corporate adoption, and advancing regulatory frameworks. The analysis highlights reduced U.S. recession risks and stabilizing economic growth as critical factors boosting investor confidence… Read More »Coinbase Report: Bitcoin Bull Run Fueled by Macro Recovery, Corporate Adoption and Regulatory Progress
The Bank of Korea Governor, Lee Chang-yong, has initiated discussions on potential regulatory changes concerning Korean won-backed stablecoins. This move signals a significant step in advancing South Korea’s digital currency strategy. The core objective is to bolster domestic digital asset… Read More »South Korea Explores Regulatory Shift for Won-Backed Stablecoins