CRYPTO

Authored by Felix Ng via CoinTelegraph.com,

The approval of United States spot Ether exchange-traded funds (ETF) will depend on how quickly issuers can respond to comments from the Securities and Exchange Commission, says chairman Gary Gensler. 

Gensler’s comments appear to put the onus for approvals on issuers and indicate the SEC will not drag the process out as some feared.

On May 23, the SEC approved eight 19b-4 filings to list spot Ether ETFs on various U.S. (more…)

Authored by Derek Andersen via CoinTelegraph.com,

Zimbabwe Gold (ZiG), the new currency that evolved from a gold-backed token, has performed well on the foreign exchange market, but has faced difficulties at home. The ZRB announced new steps to combat the black market for the currency and improve its usability on June 4.

The Zimbabwe Reserve Bank (ZRB) appealed directly to the public via its X account to urge people to turn in illegal currency traders or businesses that (more…)

Authored by Josh O'Sullivan via CoinTelegraph.com,

Galaxy Digital has released a report showing that Ethereum’s decentralized governance is steered by off-chain voting rather than on-chain Ether (ETH) holder voting.

Christine Kim, vice president of Galaxy Digital’s research team, released the report on June 3. It reveals multiple stakeholders who hold the keys to Ethereum’s governance.

Speaking with Cointelegraph on the risks of not having direct on-chain (more…)