21Shares has filed a preliminary application with the US Securities and Exchange Commission for an ETF tracking the token of the DeFi platform Ondo Finance. Source: cointelegraph.com (Read Full Article)
SEC approves, then instantly pauses Bitwise’s ETF conversion
SEC greenlights Bitwise ETF, then halts it hours later — analysts say politics or missing crypto rules could be behind the sudden reversal. Source: cointelegraph.com (Read Full Article)
US looks to grab $7.1M in crypto from oil and gas investment scam
Federal prosecutors in Seattle are looking to win forfeiture of millions worth of crypto tied to an investment scheme in the hope of distributing it to victims. Source: cointelegraph.com (Read Full Article)
Colorado pastor and wife indicted in $3.4M crypto scam
The pastor claimed that “God told” him to shill INDXcoin, which caused financial losses to at least 300 investors. Source: cointelegraph.com (Read Full Article)
South Korean regulator urges asset managers to limit crypto exposure
South Korea’s FSS advises fund managers to limit ETF exposure to crypto firms like Coinbase, citing caution as regulatory rules are still evolving. Source: cointelegraph.com (Read Full Article)
CoinShares secures French MiCA license, cementing EU presence
In addition to its presence in the EU, CoinShares has expanded in the US market since entering it in 2023, aiming to compete with major industry peers. Source: cointelegraph.com (Read Full Article)
Crypto entrepreneurs were fleeing America, but we can bring them back
Regulatory uncertainty drove crypto innovation offshore, but new bipartisan leadership and clear frameworks can restore America’s financial dominance. Source: cointelegraph.com (Read Full Article)
Crypto ATMs were just banned in New Zealand: Here’s why it matters
New Zealand’s financial watchdog outlawed crypto ATMs, citing regulatory gaps and AML concerns and raising questions about retail access and compliance. Source: cointelegraph.com (Read Full Article)
Trump's AI plan eases data center rules, strips federal DEI guidelines
The White House on Wednesday released its plan to make the United States a global leader in artificial intelligence research and development. Source: cointelegraph.com (Read Full Article)
Fate of crypto, CBDC bills unclear as US Congress heads into recess
Lawmakers are expected to break in a matter of days, but there are still items on the legislative agenda to address, including two crypto bills passed by the House. Source: cointelegraph.com (Read Full Article)