Tag: SEC

Crypto Market Structure Bill Reportedly Set Back for Weeks

By Jordan Lyanchev The American crypto market structure bill, or CLARITY Act, faces delays of several weeks to months as the Senate Banking Committee shifts focus to housing legislation aligned with President Trump’s affordability agenda, reported Bloomberg on Thursday. The Committee is likely to postpone further consideration of the crypto regulations, which were already delayed […]

Grayscale Files to Convert NEAR Trust Into Spot ETF

By Wayne Jones Grayscale has filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) to convert its existing Grayscale Near Trust into a spot NEAR exchange-traded fund (ETF) listed on the NYSE Arca. The move is the latest in a continued push by major asset managers to expand the crypto ETF […]

From Manchester City Highs to Market Lows: The PENGU Correction Explained

By admin Pudgy Penguins’ native token, PENGU, slid 5.48% in the past 24 hours—lagging behind the broader crypto market’s 4.09% decline—and extending a steep 27% weekly loss. The downturn stems from a confluence of fading enthusiasm around its high-profile Manchester City partnership, reputational turbulence following a controversial social media post, and a decisive technical breakdown […]