SEC Warns FTX Over Legality of Crypto Asset Distribution in Chapter 11 Plan
The U.S. Securities and Exchange Commission (SEC) has raised concerns over FTX’s plan to pay back claims using its “crypto asset securities.” The SEC’s Senior Trial Counsel, Therese Scheuer, has reserved the right to cha...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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CMCC Global Plans Tokenized Bitcoin Funds With Tether And Bitfinex Securities
TL;DR: CMCC Global is bringing two existing fund strategies into tokenized securities issued through Tether’s Hadron infrastructur...
Bloomberg Adds Basel Crypto Exposure Classification For Banks And Asset Managers
TL;DR: Bloomberg has expanded its crypto analytics to classify bank exposure under Basel standards, including indirect holdings hi...
Franklin Moves Bitcoin DRIP ETFs Toward Nasdaq With Dividend Reinvestment Plan
TL;DR: Franklin Templeton has filed exchange registrations for two stock-and-Bitcoin ETFs. Their strategy redirects equity dividen...
Swell Freezes swETH and rswETH Withdrawals Until It Corrects Their Exchange Rates
Holders of Swell‘s swETH and rswETH cannot deposit or withdraw through the protocol after the team said at 2:39 a.m. ET Friday it...
Swiss Regulator Approves First Domestic Spot Bitcoin ETF Under Fund Law
TL;DR: Switzerland’s FINMA has authorized a Bitcoin ETF structured as a Swiss-law public investment fund; the approval differs fro...
Franklin Templeton Clears Final Hurdle For ETFs That Turn Stock Dividends Into Bitcoin
Bitcoin Magazine Franklin Templeton Clears Final Hurdle For ETFs That Turn Stock Dividends Into Bitcoin Franklin Templeton has tak...