Nasdaq has resubmitted its application to list a bitcoin ETF managed by BlackRock, responding to the recent report from the SEC which criticized previous proposals as 'inadequate' due to their failure to specify the underlying market's name in surveillance-sharing agreements.
The shares experienced a surge in pre-market trading, doubling in value, but subsequently retreated after the official market opening.
In addition, the MAS has imposed limitations on cryptocurrency service providers, preventing them from enabling retail customers to engage in token lending and staking activities.
Attackers who launched malicious token issuances on PolyNetwork are unlikely to reap significant financial gains, despite an estimated value of $4 billion. This is mainly because of the low liquidity and stringent security measures in place.
The sell-off comes before creditor distributions, which will exclusively be made in the two most widely used cryptocurrencies.
Hive aims to enhance its transition into artificial intelligence by offering comprehensive enterprise training on its array of GPUs.
The Financial Services and Markets Act 2023 categorizes cryptocurrencies as a regulated financial undertaking.
The SEC instructed Cboe to announce its partner earlier on Friday.
The asset manager's resubmission of the previously-denied fund occurs approximately two weeks following BlackRock's application for its own Bitcoin ETF.
Coinbase submitted a response to the SEC's lawsuit on Thursday morning, contending that the regulatory body has infringed upon its due process rights and exceeded its authorized jurisdiction.