Can Ethereum ETFs thrive without staking amid SEC scrutiny?

Regulatory concerns force Ether ETF issuers to abandon staking plans, sparking conflicting community views and discussions on investor appeal.

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Nigerian President-elect's Manifesto Includes Blockchain and Crypto Regulations

Nigerian President-elect Bola Tinubu has released a manifesto proposing the implementation of blockchain technology and cryptocurrencies in Nigeria's banking and finance sector. The manifesto suggests reforming existing Nigerian Security Exchange Commission regulations to create a more business-friendly framework for regulating digital assets. The proposed regulations would require digital asset companies to register with the SEC and comply with SEC regulations. The release of the manifesto coincides with the increasing adoption of cryptocurrencies in Nigeria, with the government hoping that the proposed SEC regulation reforms will attract more investors in the digital and economic sectors and stimulate economic growth. (Read More)

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'Well worth the fight' — Ripple counsel confirms Hinman docs are in their hands

The truth will be shameful and shocking for the SEC according to Ripple boss Brad Garlinghouse.

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Prometheums Ethereum Custodial Launch Puts SECs ETH Classification In The Spotlight

Prometheum, an alternative trading platform for crypto securities assets, has recently announced the launch of its custodial services for Ethereum (ETH). This move has significant implications for the legal status of the second-largest cryptocurrency by market capitalization.  Fortune Magazine reported that the companys strategy is to compel regulators, particularly the Securities and Exchange Commission (SEC), [...]

The post Prometheums Ethereum Custodial Launch Puts SECs ETH Classification In The Spotlight appeared first on Crypto Breaking News.

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SEC sues Cumberland DRW for unregistered crypto dealer activities

Cumberland allegedly had $2 billion worth of unregistered crypto dealing since 2018.

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