Crypto futures and ETFs are knocking at the door: Law Decoded, Aug. 13–20. By Cointelegraph
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Cryptocurrency exchange Coinbase (NASDAQ:) has received approval from the United States National Futures Association to offer investments in crypto futures to eligible customers. The approval enables Coinbase to introduce (BTC) and Ether (ETH) futures contracts through its Commodity Futures Trading Commission-regulated derivatives exchange.
Meanwhile, citing sources familiar with the matter, The Wall Street Journal reported that the U.S. Securities and Exchange Commission (SEC) is likely to approve multiple applications for Ether futures exchange-traded funds (ETFs) simultaneously. So far, the SEC has not instructed the firms to withdraw their applications, unlike in 2021. This suggests the regulator won’t block the fund’s launch within a few weeks. The SEC’s decision on Bitcoin ETFs could also come in early 2024.
SEC is allowed to appeal in the case
Singapore gets its regulatory framework for stablecoins
U.S. House Democratic coalition creates AI working group
Continue Reading on Coin Telegraph
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Cryptocurrency exchange Coinbase (NASDAQ:) has received approval from the United States National Futures Association to offer investments in crypto futures to eligible customers. The approval enables Coinbase to introduce (BTC) and Ether (ETH) futures contracts through its Commodity Futures Trading Commission-regulated derivatives exchange.
Meanwhile, citing sources familiar with the matter, The Wall Street Journal reported that the U.S. Securities and Exchange Commission (SEC) is likely to approve multiple applications for Ether futures exchange-traded funds (ETFs) simultaneously. So far, the SEC has not instructed the firms to withdraw their applications, unlike in 2021. This suggests the regulator won’t block the fund’s launch within a few weeks. The SEC’s decision on Bitcoin ETFs could also come in early 2024.
SEC is allowed to appeal in the case
Singapore gets its regulatory framework for stablecoins
U.S. House Democratic coalition creates AI working group
Continue Reading on Coin Telegraph
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