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Rising institutional interest and ongoing regulatory discussions fuel hopes for a Bitcoin ETF approval.

Genesis, a crypto lending and trading entity, finds itself under the scrutiny of a New York court. A recent court order mandates Genesis to promptly comply with a subpoena within the tight timeframe of five days.

The narrowing of the GBTC discount indicates an increasing likelihood of Grayscale smoothly transitioning its closed-end bitcoin trust into an open-ended, spot-based exchange-traded fund (ETF).

Market participants are displaying confidence in a development that has raised hopes for the approval of a spot bitcoin ETF in the United States.

Australia's Treasury has recently revealed an ambitious strategy to introduce an innovative legislative framework encompassing licensing and custody regulations for crypto asset providers by 2024.

Since as early as July, regulatory authorities focused on securities have been conducting thorough examinations of the decentralized finance (DeFi) protocol.