Crypto News
CFTC Takes Legal Action Against Kucoin, Highlights BTC, ETH, and LTC as Commodities
The U.S. Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Kucoin, emphasizing the classification of bitcoin, ethereum, and litecoin as commodities. The enforcement action, launched in the U.S. District Court for the Southern District of New York, accuses Kucoin of multiple regulatory breaches involving these digital assets. Kucoin’s Legal Battles Shine a BrightSource link
BlackRock’s BUIDL Ethereum Fund Draws $245 Million In a Week
Starting with $5 million, BlackRock's BUIDL Ethereum fund now boasts $245 million since it launched on March 20.Source link
Goldman Sachs Says ‘Many of Our Largest Clients’ Getting Active in Crypto
Many of Goldman Sachs’ largest clients are ramping up their activity in the crypto space following spot bitcoin exchange-traded fund (ETF) approvals and BTC price recovery. “The recent ETF approval has triggered a resurgence of interest and activities from our clients,” said Goldman Sachs’ Asia Pacific head of digital assets. Goldman Sachs’ Clients Getting ActiveSource link
Protocol Village: Zircuit Launches ‘Build to Earn’ Program With Rewards for Devs
The latest in blockchain tech upgrades, funding announcements and deals. For the period of March 28-April 3.Source link
U.S., U.K. Issue Joint Sanctions of ‘Hamas-Aligned’ Gaza Now
Blockchain analytics firm Elliptic found that the online organization raised a mere $21,000 in crypto for Hamas since the October 7th attacks.Source link