Over the past two days, the narrative on bitcoin exchange traded funds (ETFs) in the U.S. has felt like a rollercoaster. Up until Wednesday, all eyes were watching for a final decision on two futures-backed bitcoin ETF proposals set to be listed on the New York Stock Exchange (NYSE) and created by ProShares. However, the…

The U.S. Securities and Exchange Commission (SEC) announced Thursday that nine bitcoin exchange-traded fund (ETF) disapproval orders are to be stayed until further review. Referencing Rule 431 of the Commission’s Rules of Practice, the SEC said in a series of letters that it would reconsider the three rejections made by the U.S. regulator’s staff. But…

Jonathan M. Padilla is a Schwarzman Scholar at Tsinghua University where he wrote the dissertation “New Regulations for the New Economy: A Proposal for the G20 on the Regulation of Cryptocurrency,” from which this article was adapted. He has advised major e-commerce and natural resource companies on blockchain integration and has a background in government…

Cryptocurrencies will take center stage once again on Capitol Hill next week. The U.S. House of Representatives Financial Services Committee announced Thursday that it would host a hearing titled “The Future of Money: Digital Currency” on Wednesday, July 18. Though the Committee, headed by Chairman Jeb Hensarling, has yet to announce a full list of…

I want to quash this false narrative that’s been going around for the past two years that you can separate blockchain from crypto. You can’t.” No, that’s not a bitcoin maximalist, a HODLer or a crypto-anarchist talking. It’s a regulator. And Sopnendu Mohanty, the chief fintech officer of the Monetary Authority of Singapore, wasn’t preaching…

The governor of Tennessee has signed a bill that legally recognizes blockchain data and smart contracts under state law. Governor Bill Haslam signed the measure on Thursday, public records show, capping a months-long process that saw Tennessee become the latest U.S. state to pursue such legislation. According to data from LegiScan, the bill had sailed…