2018-7-2 12:30 |
From Belarus’ utopian crypto haven to Macedonia’s ban: Here’s how cryptocurrencies are regulated in Eastern Europe
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The US House of Representatives passed the Financial Innovation and Technology for the 21st Century Act (FIT21) on May 22. In all, 279 representatives voted yes, 136 voted no, and 15 abstained from voting on the proposed crypto legislation.
VanEck Head of Digital Assets Research Matthew Sigel said on May 22 that the firm should be able to launch its spot Ethereum ETF before competitors. In a conversation hosted by The Block, Sigel said that VanEck was the first to file its S-1 registration statement and “fully expects” to receive comments and “go first.
The US House of Representatives has approved the Financial Innovation and Technology for the 21st Century Act (FIT21), a wide-reaching crypto regulation bill, with significant bipartisan support despite opposition from the White House and SEC.
Biden opposes the House crypto bill but won't veto it. The White House cites a lack of investor protections in the FIT21 Act. The post White House opposes FIT21, citing concerns over lack of investor protection appeared first on Crypto Briefing.
Cboe BZX filed 19-b4 amendments related to five spot Ethereum ETFs on May 21, significantly increasing the odds of each fund’s approval. The news coincided with a sudden spike in odds on Polymarket, which reports 70% odds of approval by May 31, up from just 10% hours before.
Uniswap Labs has issued a defiant response to the SEC’s Wells notice, asserting the agency’s attempts to regulate DeFi are misguided and legally unsound. The company said in a May 20 blog post that it is confident it will come out victorious if forced into litigation by the SEC.
Uniswap Labs challenges SEC's enforcement action, arguing the protocol doesn't meet the SEC's definition of an exchange. The post Uniswap Labs claims SEC will fail, urges agency to drop enforcement action appeared first on Crypto Briefing.