US Bitcoin ETF Assets Surpass $100 Billion Mark
For the first time, Bitcoin (BTC) exchange-traded funds (ETFs) in the United States have surpassed $100 billion in net assets as of November 21, according to Bloomberg Intelligence data. The explosive growth of Bitcoin ETFs began with the introduction of spot BTC ETFs in January and has been further fueled by renewed investor confidence following […]
SEC Chair Gary Gensler Announces Resignation
Gary Gensler, the Chair of the U.S. Securities and Exchange Commission (SEC), will step down from his role on January 20, 2025, according to a statement released by the regulatory agency on November 21. Gensler has been a prominent figure in financial oversight, particularly for his strict approach to cryptocurrency regulation. His resignation coincides with […]
UK Plans to Implement Robust Crypto Regulation Framework by Early 2025
The United Kingdom is preparing a regulatory framework for crypto assets, expected to be unveiled early next year. This commitment was reaffirmed at the City & Financial Global’s Tokenisation Summit in London on Nov. 21 by a senior Treasury official. Initial plans for regulation were anticipated last summer but were disrupted following a general election […]