📈SEC Notice on Proposed Rule Change for Grayscale Solana Trust
The SEC has published a notice regarding the proposed listing of shares of the Grayscale Solana Trust under NYSE Arca Rule 8.201-E. This marks a significant step for digital asset investment, as the Trust aims to provide a regulated exchange-traded product for the Solana digital asset, addressing market demands and compliance standards.
Learn More🏦Treasury Requests Input on Detecting Illicit Activity in Digital Assets
The U.S. Department of the Treasury invites interested members of the public to provide input on the use of innovative or novel methods, techniques, or strategies to detect and mitigate illicit finance risks involving digital assets. This notice fulfills a requirement of the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) and supports the Administration's policy of supporting the responsible growth and use of digital assets, as outlined in the January 23, 2025, Executive Order 14178 on "Strengthening American Leadership in Digital Financial Technology."
Learn More📈NYSE Arca's Proposed Rule Change for Grayscale Digital Fund
The SEC is reviewing NYSE Arca's proposed rule change to list and trade shares of the Grayscale Digital Large Cap Fund. The approval process includes deadlines for public comments and considerations of compliance with SEC regulations, reflecting ongoing developments in the digital asset market.
Learn More📈NYSE Arca's Proposed Rule Change for Bitwise Crypto Index ETF
The SEC has published a notice of filing for NYSE Arca's amendment to Rule 8.500-E, allowing for the listing and trading of the Bitwise 10 Crypto Index ETF. This rule change aims to broaden the types of entities issuing Trust Units, enhancing trading flexibility and compliance for digital asset investments.
Learn More🐧SEC Notice on Canary PENGU ETF Trading Proposal
The SEC publishes a notice regarding a proposed rule change by Cboe BZX Exchange for listing and trading shares of the Canary PENGU ETF. The proposal aims to clarify compliance and trading conditions for the newly established commodity-based trust shares connected to digital assets like PENGU and Pudgy Penguin NFTs, inviting public comment on its regulatory framework.
Learn More📉IRS Disapproval of Digital Asset Reporting Regulation Impacts Businesses
Pursuant to its authority under the Congressional Review Act (CRA), Congress passed a joint resolution disapproving the final rule titled "Gross Proceeds Reporting by Brokers that Regularly Provide Services Effectuating Digital Asset Sales," and the President signed the resolution. Under the joint resolution and by operation of the CRA, this final rule has no legal force or effect. The Department of the Treasury (Treasury Department) and the IRS hereby remove this final rule from the Code of Federal Regulations (CFR) and revert the relevant text of the CFR back to the text that was in effect immediately prior to the effective date of this final rule.
Learn More📈NYSE Arca Accelerates Approval for Grayscale Digital Fund
The SEC has granted accelerated approval for NYSE Arca to amend Rule 8.500-E, allowing the listing and trading of the Grayscale Digital Large Cap Fund. The changes redefine Trust Units and broaden the types of entities eligible to issue them, impacting investment dynamics in digital assets and enabling greater flexibility in trading practices.
Learn More📈NYSE Arca Proposed Rule Change for Grayscale Digital Fund
The Securities and Exchange Commission published a notice regarding an amendment to NYSE Arca Rule 8.500-E, enabling the listing and trading of shares for the Grayscale Digital Large Cap Fund. This proposed change is intended to broaden the types of entities eligible to issue Trust Units and enhance the framework for digital asset investments.
Learn More💰Nasdaq Proposes Listing Shares of Grayscale Polkadot Trust
The SEC is evaluating a proposed rule change from Nasdaq to list and trade shares of the Grayscale Polkadot Trust, which aims to reflect the value of DOT tokens. This initiative is subject to public comment and analysis regarding its compliance with securities regulations and investor protection standards.
Learn More📈Nasdaq Proposed Rule 5712
The SEC is reviewing a Nasdaq proposal to create new rules for listing and trading commodity- and digital asset-based investment interests. This initiative aims to expand investment opportunities in cryptocurrencies and related assets, subject to regulatory scrutiny to ensure investor protection and market integrity.
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