UK FCA to recover $8 million in costs via fees placed on stablecoin issuers, custodians
The UK Financial Conduct Authority (FCA) announced that it intends to recover the equivalent of $8 million in costs stemming from the supervision...
SEC chair Gensler condemns ‘AI washing’ after regulatory action against 2 companies
US SEC chair Gary Gensler condemned “AI washing” or the abuse of artificial intelligence (AI) and said such activities “may violate the securities...
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Web3 growth in the East
Over the years, the Asia Pacific region (APAC) has established itself as an impressive environment for the rapidly growing technology industry. From the...
US senators push SEC to reject other crypto ETF proposals, casting doubt on Ethereum ETF approval chances
The chances of approval for the pending spot Ethereum exchange-traded fund (ETF) applications this May are strained as two US Senators urged the...
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Grayscale amends Ethereum ETF filing, says investors ‘want and deserve’ the fund
Grayscale amended a regulatory filing through which it intends to convert its Ethereum Trust to a spot exchange-traded fund (ETF).
The company’s March 15...
