Author: Token Flash

The U.S. Securities and Exchange Commission could acknowledge the spot exchange-traded fund filing for XRP and Dogecoin as soon as this week. SEC’s latest major move was the acknowledgement of the amended Solana (SOL) ETF application by Grayscale. The agency ticked on this milestone on Feb. 6, and now Bloomberg ETF analyst James Seyffart says amended filings for XRP (XRP) and Dogecoin (DOGE) ETFs could be next. Seyffart and his colleague Eric Balchunas now have the odds of a spot Litecoin (LTC) ETF and Solana ETF approval at 90% and 70% respectively. The SEC has acknowledged Form 19b-4 for both…

Crypto regulations are a competitive business in Asia, with places such as Hong Kong and Singapore vying to become Asia’s crypto hub and capture all the business associated with that status.The challenge, though, lies in crafting a rulebook that balances investor protections with a welcomingness to businesses and new capital. And here, Hong Kong has an advantage over places like Japan or Korea, since its common-law framework for traditional finance has made its economy one of the most open and free in the world — a recent report from a Canadian think tank deemed Hong Kong the “freest economy” in…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. PropiChain’s rise could outshine Solana, owing to its low market cap and unique value proposition. The general crypto market is witnessing a slight correction which is believed to be the last shake-out before the up-only moment. Solana (SOL) is one of the projects that is holding strong and analysts forecast that the Solana price action could deliver a massive rally after this correction.  However, analysts also stated that PropiChain (PCHAIN), a new AI-altcoin in RWA that is listed on…

Both House Republicans and Democrats have introduced proposals to regulate U.S. stablecoins, signaling that the sector is a legislative priority under President Donald Trump. Maxine Waters, the ranking Democrat on the House Financial Services Committee, published a proposal for stablecoin oversight through federal watchdogs such as the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the Federal Reserve, according to Punchbowl News. Waters’ discussion draft also outlines regulatory frameworks for state regulators. Back in 2022, Rep. Waters criticized a Republican-led House Committee bill, calling it “deeply problematic” due to concerns over allowing state regulators to…

Eric Council Jr., the Alabama man charged with hacking the X account of the U.S. Securities and Exchange Commission (SEC) to falsely post the agency had approved bitcoin exchange-traded funds, is set to plead guilty in the case.A “Consent Order of Forfeiture,” filed in D.C. federal court shows Council has agreed to plead guilty to Conspiracy to Commit Aggravated Identity Theft and Access Device Fraud, and will forfeit $50,000 in proceeds from these offenses.Council, according to the prosecution, used a fake ID to trick a phone store employee into helping him and co-conspirators access a device with access to the…

The crypto industry can likely look forward to two more agencies falling into line on its digital assets policy aims: the Office of the Comptroller of the Currency, which is one of the chief U.S. banking regulators, and the Consumer Financial Protection Bureau, where the lights are effectively being shut off.The sector’s dicey relationship with U.S. banking can be expected to be further mitigated with the arrival of a new stand-in chief at the OCC, Rodney Hood, the crypto-friendly former chairman of the U.S. credit-union watchdog. As with other key financial oversight positions, President Donald Trump has tapped somebody who…

Crypto’s “proof of humanity” sector saw a major merger on Monday with Holonym Foundation acquiring Gitcoin Passport for an undisclosed sum of cash and tokens.The transaction unites two close companies: Holonym was already distributing its tech through Gitcoin Passport, a logbook where 2 million internet users stash proof of personhood for services that need to verify they are flesh and blood.AI agents aren’t people, but they may well pretend as much when money’s on the line. Holonym and Gitcoin are among a wave of crypto startups (most notably Sam Altman’s Worldcoin) building ways to sift out the bots.Gitcoin Passport will…

The latest state effort to set up the investment of public money into cryptocurrency, a bill introduced on Monday in North Carolina, is backed by the state’s Speaker of the House Destin Hall.The high-profile North Carolina push contemplates putting as much as 10% of its general and highway funds into digital assets, limiting it to crypto with such a high market capitalization that only bitcoin (BTC) currently qualifies. It joins 18 other states with bills that weigh various ways of putting public money into crypto, many of them focusing on investing portions of their state’s retirement funds.”Investing in digital assets…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Wall Street Pepe has officially sold out its presale, while Pepeto emerges as the next big meme coin contender. Two major players have risen in the ongoing meme coin frenzy: Wall Street Pepe (WEPE) and Pepeto (PEPETO). While both projects bring distinct value to the market, Pepeto now holds a strategic advantage as its presale remains open, presenting a prime opportunity for early investors. Wall Street Pepe, which aims to empower smaller traders with trading signals, alpha calls, and…

Klarna Bank AB, a Swedish fintech company popular in Europe, plans to embrace cryptocurrencies on its platform, the firm’s chief executive officer, Sebastian Siemiatkowski announced in a post on X over the weekend.“I give up. Klarna and me will embrace crypto! More to come,” he wrote to his 33,000 followers on the app.Klarna is a popular “buy now, pay later” app primarily used in Europe. The platform, which is valued at $14.8 billion according to Investopedia, has over 85 million users and 100 billion of volume, Siemiatkowski said.The company has been around since 2005 and received backing by Sequoia Capital,…