Posts

Showing posts with the label regulators

Top legal expert slams regulators for holding back XRP amid spot ETF delay

Image
A legal expert has criticized regulators for what he sees as a persistent bias against XRP, following the rapid approval and launch of several new cryptocurrency exchange-traded funds (ETFs). Specifically, pro-Ripple lawyer Bill Morgan expressed frustration after it emerged that spot ETFs for Solana (SOL), Litecoin (LTC), and Hedera (HBAR) had been cleared to begin trading on major U.S. exchanges. I had a strong feeling XRP Spot ETFs would not be next. There are always delays when it comes to XRP. Always held back. https://t.co/7Vhzi6Cesv — bill morgan (@Belisarius2020) October 27, 2025 Altcoin spot ETF trading  His October 28 comments came in response to announcements from Canary Capital and Bitwise, both confirming that their spot cryptocurrency ETFs had become effective and would list imminently despite the ongoing U.S. government shutdown. According to Bitwise, its Solana Staking ETF (BSOL), the first of its kind, is now trading on the New Yor...

Hong Kong Spot Ethereum ETFs Could Receive Approval For Staking Feature This Year, Blockdaemon Says

Image
Regulators in Hong Kong might approve staking Features for spot Ethereum ETFs (exchange-traded funds) this year as the region pushes to become a global crypto hub. That’s according to Blockdaemon’s head of international and vice president Andrew Vranjes, who told The Block in an interview at Token2049 in Singapore that regulators could approve staking for spot Ethereum ETFs “within certain constructs and boundaries.” Crypto ETF Issuers And Regulators In Hong Kong Are Actively Engaging Vranjes added that a potential scenario that could play out is one wherein “accredited investors” will be allowed to take part in spot Ethereum ETF staking before the rest of the market. Conversations with crypto ETF issuers and regulators in Hong Kong to offer such a solution are ongoing, Vranjes said. “We’re positive because of the level of conversation,” the Blockdaemon executive told The Block. “I think we’re closer to the announc...

Failed '$175M' real estate token raise draws ire of Texas regulators

"GS Partners promoted the products through a multilevel marketing scheme paying lavish commissions," regulators say. The Texas State Securities Board has accused a network of companies under the "GS" brand and operating from Germany of fraudulent activities "tied to digital assets, investments in a staking pool in a proprietary metaverse." The network of companies is controlled by Josip Dortmund Heit. As described by regulators on November 16, respondents GS Partners, GS Smart Finance and GS Wealth allegedly held three rounds of metaverse property sales beginning September 2021. At the time, investors were informed that could purchase XLT Vouchers, or BNB Chain token s that represented ownership of one square inch of a unit in the company's G999 Tower metaverse, at 9.63 Tether (USDT) per voucher. However, the token rapidly lost its value, to less than 0.0000049 USDT apiece on decentralized exchange PancakeSwap, after the respondents failed to reach...