The Securities and Exchange Commission (SEC) has approved the conversion of Grayscale’s Digital Large Cap Fund (GDLC) into a spot exchange-traded fund (ETF), a filing shows.The fund tracks the price…
The US SEC has approved the conversion of Grayscale’s Digital Large Cap Fund into an ETF holding numerous crypto assets. According to a recent filing from the regulator, Grayscale’s newest…
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In brief
The Ohio House of Representatives voted to move forward with the Blockchain Basics Act, aiming to establish a $200 tax exemption for capital gains from crypto.
The law also prohibits…
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In a major step for the crypto world, the U.S. Senate on Tuesday passed the GENIUS Act: a bipartisan bill that lays out clear rules for stablecoins. The 68-30 vote marks…
Thailand has approved a five year tax exemption on capital gains from cryptocurrency trading made through licensed digital asset platforms. The exemption will be in effect from January 1, 2025,…
Purpose Investments has received regulatory approval
to launch a spot XRP exchange-traded fund (ETF) in Canada, with trading
scheduled to begin on June 18 on the Toronto Stock Exchange (TSX). The fund,…
The U.S. Senate made a key move to regulate crypto, approving its first big vote 68-30 in favor of the GENIUS Act, a bill that targets establishing clear guidelines for…
Key Points:Hong Kong passes first stablecoin regulation, impacting global markets.Major Chinese securities firms focus on stablecoins.Circle plans IPO amid legislative interest.
Hong Kong’s approval of a regulatory framework for fiat-backed stablecoins…