Key Takeaways: Osprey Funds plans to convert its Bitcoin Trust (OBTC) into a spot Bitcoin ETF, filing a Form S-1 with the SEC. The decision follows terminated acquisition talks with Bitwise Asset Management due to regulatory challenges. OBTC, managing $181M, aims to join a growing Bitcoin ETF market contingent on SEC approval. Osprey Funds, an…

Mosaic Exchange Ltd. and CEO Sean Michael fined $1.1M for crypto fraud. Learn about the CFTC case and investor protections. CFTC Acts Against Mosaic Exchange The Commodity Futures Trading Commission (CFTC) announced Monday that Mosaic Exchange Ltd. and CEO Sean Michael have been ordered to pay over $1.1 million in penalties following accusations of operating…

Malaysian Prime Minister Seri Anwar Ibrahim revealed plans to adopt a policy for Digital Finance that invariably legalizes Crypto and Blockchain technology in the country.  Prime Minister Anwar revealed his plans during the Plenary Session of the Abu Dhabi Sustainability Week (ADSW) 2025 at the Abu Dhabi National Exhibition Centre.  He discussed his plans with…

Key Takeaways: Pro-crypto Tom Emmer was appointed Vice Chair of the Digital Assets Subcommittee, highlighting his commitment to fostering innovation. Emmer aims to create balanced cryptocurrency regulations, addressing stablecoins, blockchain integration, and global digital asset competition. His legislative record includes co-sponsoring laws for blockchain clarity, and promoting U.S. leadership in crypto innovation. Congressman Tom Emmer,…

Treasury nominee Scott Bessent reveals up to $500K in BlackRock Bitcoin ETF investments, sparking debates about cryptocurrency's role in U.S. economic policy. Scott Bessent, President-elect Donald Trump’s nominee for Treasury secretary, has disclosed a personal investment of between $250,001 and $500,000 in BlackRock’s bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust (IBIT). This revelation, included…

Discover how Ishares’ Bitcoin ETF launch on Cboe Canada offers Canadian investors a simple and secure way to invest in bitcoin. Cboe Canada Welcomes Ishares Bitcoin ETF with Canadian and U.S. Dollar Listings Ishares, a subsidiary of Blackrock Asset Management Canada Limited, has officially introduced the Ishares Bitcoin ETF (IBIT) on Cboe Canada, marking a…

FDIC Vice Chairman Travis Hill condemns “Choke Point-like tactics” and vows crypto-friendly reforms, urging a new direction for the agency’s approach to digital assets. FDIC Vice Chairman Calls Out 'Choke Point-Like' Tactics Travis Hill, Vice Chairman of the Federal Deposit Insurance Corporation (FDIC), criticized the agency’s handling of digital assets and vowed to implement reforms.…