Crypto News
Nasdaq Seeks SEC Approval to List 21Shares Dogecoin ETF
The Nasdaq exchange filed a 19b-4 form with the Securities and Exchange Commission (SEC) on Tuesday to approve listing and trading shares of the 21Shares Dogecoin ETF. Asset manager 21Shares submitted an S-1 registration with the SEC on April 10, as reported, in partnership with the House of Doge — the Dogecoin Foundation’s corporate arm — to help promote the fund.The ETF aims to track the performance of dogecoin, as measured by the CF DOGE-Dollar US Settlement Price Index, adjusted for the Trust’s expenses and other liabilities.It is a passive investment vehicle that will hold DOGE directly. The Trust will not utilize leverage, derivatives, or any similar arrangements to meet its investment objective, the filing mentioned.Coinbase Custody Trust will hold...
SEC Drops Probe Into PayPal’s PYUSD Stablecoin
The U.S. regulator has ended its investigation into PayPal’s stablecoin, as Congress advances efforts to regulate the sector.Source link
Donald Trump Advisor Bo Hines: There Is a ‘Space Race’ to Build Bitcoin Reserves
The White House adviser said the administration aims to acquire as much Bitcoin as possible, emphasizing its "intrinsic value."Source link
EU Securities Watchdog ESMA Issues Guidelines to Combat Market Abuse in Crypto Assets Under MiCA
On April 29, 2025, the European Securities and Markets Authority (ESMA) published guidelines to enhance supervisory practices for preventing and detecting market abuse in crypto assets under the Markets in Crypto Assets Regulation (MiCA). Tailored for National Competent Authorities (NCAs), the guidelines draw on ESMA’s experience with the Market Abuse Regulation (MAR) and address theSource link
KuCoin Commits $2 Billion to “Trust Project” Focusing on Crypto Security and Transparency
Digital assets exchange KuCoin has unveiled a new initiative, the “Trust Project,” with a massive $2 billion investment aimed at reinforcing user safety, boosting transparency, and ensuring long-term accountability in the crypto market.The announcement came during TOKEN2049 Dubai, where KuCoin CEO BC Wong, alongside the exchange’s European Union CEO Oliver Stauber, detailed the initiative’s vision to align crypto operations more closely with regulatory frameworks and user-centric principles.At its core, the Trust Project focuses on key values such as infrastructure neutrality, responsible innovation, and enhanced protections against platform risks. KuCoin’s native token, KCS, play a more pivotal role in governance, ecosystem management and user reward programs.“We’re directing resources where they count — toward building credibility, protecting our users, and securing the...