By Marco Piccolo The XRP cryptocurrency is set for a major moment in U.S. financial markets this week as ProShares, one of the largest exchange-traded fund (ETF) providers, prepares to launch three XRP derivatives-based ETFs. Although these are not the long-awaited spot XRP ETFs many investors crave, the launches represent a crucial step forward in […]
Tag: SEC
By Emir Abyazov Coinbase Chief Legal Officer Paul Grewal has called on U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler to allow the regulator’s employees to own cryptocurrencies. According to Grewal, the current ban is becoming a serious impediment to the work of the SEC’s cryptocurrency task force. In open letters to Jamieson Greer, […]
By Emir Abyazov Signs of Reconciliation and a Return of Enthusiasm Bitcoin started last week at $86,600. During the day, the price hovered around the levels seen at the beginning of the month, above $87,000. The rise of the first cryptocurrency coincided with gold reaching a new high of $3,389 per troy ounce. Futures on […]