US SEC Rejects Application for the VanEck’s Bitcoin-Backed ETF
The US SEC denied the application on concerns over “fraudulent and manipulative acts and practices.”
Original source
Read on Finance MagnatesRelated market context
BlackRock secures opportunity to retain NYC pension assets amid climate concerns
BlackRock's renewed chance highlights the growing influence of climate policies on investment strategies and the competitive lands...
Strategy’s Michael Saylor targets $15-30T for Bitcoin-backed credit instruments
Saylor's Bitcoin-backed credit strategy could reshape global finance, integrating crypto into mainstream credit markets and alteri...
VanEck bets BNB’s real-world usage can stand out in a crowded crypto ETF market
VanEck says BNB’s user activity and revenue generation make it a stronger long-term crypto investment case than many blockchain pr...
Binance’s Changpeng Zhao contrasts fraud cases with SBF’s pardon application
The contrasting outcomes highlight the justice system's severe stance on financial fraud, emphasizing accountability in both crypt...
CFTC Says Sports Contracts Involve Gaming but Proposes to Allow Almost All of Them
The CFTC has proposed its first written framework for sports event contracts, formally defining sports markets as “gaming” – then...
The next DeFi drain could come from legacy contracts everyone forgot
The Raydium AMM V3 exploit drained roughly $1.34 million from a phased-out program tied to five pools outside the current product...