1h ago
Nasdaq and Deutsche Boerse Oppose SEC's Proposed Crypto Exemption for Tokenized Stocks
The World Federation of Exchanges, representing Nasdaq and Deutsche Boerse, urged the SEC to reject exemptions that would allow unregistered crypto platforms to offer tokenized stock products to US retail investors. In a November 21 letter, WFE CEO Nandini Sukumar warned against bypassing decades-old regulatory safeguards, as the agency considers an innovation exemption under Chair Paul Atkins.
1h ago
2h ago
Japan Completes Crypto Regulatory Overhaul Shifting Oversight to Securities Framework
Japan's Financial Services Agency has finalized amendments transitioning digital asset oversight from the Payment Services Act to the Financial Instruments and Exchange Act. The reforms mandate stricter disclosures, custody protections, and fraud prevention measures as cryptocurrencies gain mainstream adoption. Japan records 20,000 to 40,000 unique active Bitcoin addresses daily, but analysts note the country's substantial household wealth could drive significant institutional demand through ETFs and regulated investment vehicles.
BTC
BTC+3.90%
2h ago
3h ago
BlackRock Expands iShares Bitcoin Trust Holdings by 14% to $156 Million
BlackRock's Strategic Income Opportunities Portfolio increased its iShares Bitcoin Trust (IBIT) position by 14% between June and September, bringing total holdings to 2.39 million shares valued at approximately $156 million, according to a quarterly filing. The expansion occurred as Bitcoin recovered to $90,000 after a 29% decline from its October peak. Nasdaq ISE filed to raise IBIT options position limits to one million contracts from the current 250,000.
BTC
BTC+3.90%
3h ago