CRYPTO

Authored by Josh O'Sullivan via CoinTelegraph.com,

The U.S. Securities and Exchange Commission (SEC) began discussions with potential issuers of Ether exchange-traded funds (ETFs) on May 22, leading some to anticipate an imminent approval.

Journalist Eleanor Terrett noted that discussions between SEC staff and Ether ETF issuers about the S-1 forms (more…)

A majority of US House of Representatives members voted in favor of legislation to establish regulatory clarity over digital assets, CoinTelegraph reports.

In a 279 to 136 vote on May 22, House lawmakers approved H.R.4763, or the Financial Innovation and Technology for the 21st Century (FIT21) Act. If passed by the Senate and signed into law, the bill clarifies the roles the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have over digital assets.  (more…)

Five potential spot Ether exchange-traded fund (ETF) issuers have submitted amended 19b-4 filings after receiving last-minute feedback from the United States Securities and Exchange Commission (SEC).

Several filings show changes from asset managers Fidelity, VanEck and Franklin Templeton, along with joint applications from Galaxy and Invesco, and ARK Invest and 21Shares.

As Brayden Lindrea reports via CoinTelegraph, the amendments saw Fidelity, Franklin Templeton and ARK 21Shares remove provisions for Ether staking.

The other Chicago Board Options Exchange (CBOE)-sponsored applicants used similar language.

Grayscale also scrapped staking, according to a proxy statement.

However, Adam Cochran, partner at venture capital firm Cinneamhain Ventures, claimed that an approved (more…)