European Central Bank Pushes for Digital Euro
Following US President Donald Trump’s executive order promoting dollar-backed stablecoins, the European Central Bank has stressed the urgency for a digital euro to ensure that eurozone banks remain competitive.
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Canada to Monitors Crypto Transactions to Fight Drug Trafficking
In an effort to combat money laundering associated with synthetic opioids, Canada appears to be increasing its monitoring of cryptocurrency transactions.
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US SEC Launches a Crypto Task Force
The new leadership of the US Securities and Exchange Commission has announced the creation of a task force to develop regulations for crypto assets.
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Crypto ETPs See $2.2B Weekly Inflows
Last week, the price of Bitcoin rose by 15%, driving the total assets under management of crypto Exchange Traded Products (ETPs) to a record-breaking $171 billion.
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SEC Sues Nova Labs
The SEC has accused Nova Labs Inc. of fraud and violating securities laws related to its crypto operations.
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SEC Puts Off its Decision on Bitwise’s Crypto Index ETF
The Securities and Exchange Commission of the United States has postponed its decision on Bitwise’s proposal to convert its cryptocurrency index fund into an exchange-traded fund.
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VanEck to Issue an Onchain Economy ETF
On January 15, 2025, VanEck submitted an application to the US Securities and Exchange Commission for their “Onchain Economy” exchange-traded fund.
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Republican Tom Emmer Appointed as Vice Chair of House Subcommittee on Digital Assets
On Tuesday, it was announced that Rep. Tom Emmer has been appointed as the vice chairman of the House Subcommittee on Digital Assets, Financial Technology and Artificial Intelligence.
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