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Ethereum’s Shapella Upgrade to Enable Staking Withdrawals Set to Go Live on April 12

Ethereum’s Shapella Upgrade to Enable Staking Withdrawals Set to Go Live on April 12The Ethereum blockchain is set to undergo its next major update since the network switched from proof-of-work to proof-of-stake through The Merge. The upcoming upgrade, dubbed “Shapella,” which combines the Shanghai and Capella validator changes, is expected to take place on April 12, 2023. While most users will not be affected by the change, the […]

Cboe seeks to add staking to Fidelity’s Ether ETF

Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors

Former FTX CEO Seeks M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured CreditorsCourt filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense is “one less dollar” available to cover the losses of the debtors. FTX Debtors and Unsecured […]

Cboe seeks to add staking to Fidelity’s Ether ETF

Binance Sued by CFTC for Alleged Violations of Trading and Derivatives Rules

Binance Sued by CFTC for Alleged Violations of Trading and Derivatives RulesThe world’s largest crypto exchange by trade volume, Binance Holdings Ltd., has been sued by the U.S. Commodity Futures Trading Commission. Binance CEO Changpeng Zhao has been named in the lawsuit and the charges claim the crypto exchange broke several trading and derivatives rules. The lawsuit also names Binance’s former chief compliance officer, Samuel Lim, […]

Cboe seeks to add staking to Fidelity’s Ether ETF

Crypto Ads in Belgium to Feature ‘Punchy Warning’ of Risks, New Rules Imply

Crypto Ads in Belgium to Feature ‘Punchy Warning’ of Risks, New Rules ImplyThe financial regulatory body of Belgium has been tasked by the government to regulate advertisements for cryptocurrencies. New rules, set to enter into force in May, oblige advertisers to clearly warn investors of the risks associated with the digital assets. Belgium Poised to Protect Consumers From Misleading Crypto Advertisements Belgium’s Financial Services and Markets Authority […]

Cboe seeks to add staking to Fidelity’s Ether ETF

Dutch Financial Regulator Vows Strict Treatment of Crypto Business Under MiCA

Dutch Financial Regulator Vows Strict Treatment of Crypto Business Under MiCAThe financial regulatory body of the Netherlands intends to maintain tough attitude towards the Dutch digital assets sector despite looser European rules. The head of the agency overseeing the industry doesn’t think crypto is good news and highlights its flaws in an article. Head of Dutch Financial Authority Says Cryptos Are Difficult to Fathom, Vulnerable […]

Cboe seeks to add staking to Fidelity’s Ether ETF

Investment Fund Focused on Crypto Mining to Be Created in Russia

Investment Fund Focused on Crypto Mining to Be Created in RussiaThe establishment of Russia’s first mutual investment fund dedicated to financing cryptocurrency mining operations is underway. According to a report by the Russian press, it will be available to qualified investors and will finance the acquisition of coin minting equipment. Russian Crypto Mining Sector to Attract Shareholders Through Investment Fund Work has begun to set […]

Cboe seeks to add staking to Fidelity’s Ether ETF

Tel Aviv Stock Exchange Takes Steps to Allow Crypto Trading

Tel Aviv Stock Exchange Takes Steps to Allow Crypto TradingIsrael’s public stock exchange is suggesting regulatory amendments that would permit some clients to trade crypto assets. The proposals, which have been put forward for public consultation, come at the backdrop of a growing number of regulated institutions getting involved in the digital asset market, the exchange noted. TASE Exchange Moves to Regulate Cryptocurrency Trading […]

Cboe seeks to add staking to Fidelity’s Ether ETF

Uzbekistan Allows Foreign Firms to Deposit Funds From Crypto Trading, Restricts Other Operations

Uzbekistan Allows Foreign Firms to Deposit Funds From Crypto Trading, Restricts Other OperationsThe Central Bank of Uzbekistan has permitted foreign-based businesses to open domestic bank accounts and deposit funds received from cryptocurrency trading. These companies will also be able to transfer the money abroad, but operations in the country will be restricted. Uzbekistan Updates Rules for Operations With Proceeds From Crypto Exchange Transactions The Central Bank of […]

Cboe seeks to add staking to Fidelity’s Ether ETF

Britain Announces Plans for ‘Robust’ Crypto Rules, Launches Consultation

Britain Announces Plans for ‘Robust’ Crypto Rules, Launches ConsultationThe U.K. has unveiled “ambitious plans” to “robustly regulate” various crypto activities, while seeking to protect customers and grow its economy. In the next three months, British authorities will accept public feedback on the new regulatory proposals designed to govern digital assets like traditional finance. British Government Sets Out to Regulate Crypto Market, Remains Committed […]

Cboe seeks to add staking to Fidelity’s Ether ETF

Kazakhstan Parliament Adopts Law Regulating Crypto Mining and Exchange

Kazakhstan Parliament Adopts Law Regulating Crypto Mining and ExchangeLawmakers in Nur-Sultan have approved the final version of the law “On Digital Assets in the Republic of Kazakhstan.” The new legislation, including several other bills, regulates the circulation of cryptocurrencies in the country and introduces a licensing regime for crypto miners and exchanges. Senate Votes on Crypto Law, Sends It to President of Kazakhstan […]

Cboe seeks to add staking to Fidelity’s Ether ETF