Regulation

Key Takeaways FTX’s next distribution is expected to begin on September 30, 2025, with BitGo, Kraken, and Payoneer handling disbursements. A court-approved $1.9B cut to the disputed claims reserve frees up additional funds for the payout. Share this article FTX has announced its next major distribution date, setting September 30, 2025, as the expected launch […]

Key Takeaways The SEC has approved the conversion of the Bitwise 10 Crypto Index Fund into an ETF. The new ETF will provide exposure to ten major crypto assets: Bitcoin, Ethereum, XRP, Solana, Cardano, Sui, Chainlink, Avalanche, Litecoin, and Polkadot. Share this article The US Securities and Exchange Commission has approved Bitwise’s request to convert

Key Takeaways The Justice Department has ended its investigation into Kraken founder Jesse Powell and returned devices seized by the FBI. The dropped probe was unrelated to Kraken’s operations and centered on allegations involving Powell’s dispute with a nonprofit’s board. Share this article The US Department of Justice (DOJ) has closed its investigation into Jesse

Key Takeaways The Bank of England is reconsidering the need for a digital pound as private sector payment innovations advance. Global enthusiasm for retail central bank digital currencies is waning due to privacy concerns and industry alternatives. Share this article The Bank of England (BoE) is reassessing its plans for a digital pound, as officials

Key Takeaways A number of banking industry groups have challenged Ripple’s and Circle’s bids to obtain bank charters. The groups are asking the OCC to avoid making a major policy shift without a transparent and formal rulemaking process. Share this article Top American banking groups are pressing the OCC to delay action on trust bank