Crypto


Markets

Robinhood Wells Notice Shouldn’t Deter Eventual Approval of an Ether Spot ETF: JPMorgan

Potential legal action against Robinhood should be viewed as a continued attempt by the SEC to reinforce its stance that all crypto tokens other than bitcoin and ether should be classified as securities, the report said.

(Shutterstock)

Markets

Robinhood Delivers Big Earnings Beat Driven by Booming Crypto Trading: Analysts

The positive momentum seen in the first quarter has continued, with the platform taking in a record $5 billion in deposits in April, the analysts said.

Robinhood app on a smartphone (Shutterstock)

Policy

UK Minister Says Government Only Has Time to Implement Stablecoin, Staking Legislation

Economic Secretary Bim Afolami said that the government could put through stablecoin and staking legislation in the coming weeks but will outline what more is coming later.

U.K Economic Secretary Bim Afolami (U.K. Parliament)

Policy

Galaxis Raises $10M, Doubling Down on Belief That NFTs Will Provide Real Value Everywhere

The platform has previously launched NFT collections for celebrities such as DJ Steve Aoki and actor Val Kilmer.

Shubham's Web3

Markets

Robinhood Would Likely Win Crypto Court Case With the SEC: KBW

The platform being issued a Wells Notice by the SEC is surprising given the company’s conservative approach to digital assets listings, the report said.

Robinhood app on a smartphone (Shutterstock)

Policy

Australia’s Tax Office Tells Crypto Exchanges to Hand Over Transaction Details of 1.2 Million Accounts: Reuters

The ATO said the data will help identify traders who failed to report their cryptocurrency-related activities.

Sydney Opera House in Australia (Stanbalik/Pixabay)

Policy

Australian Court Hands Win to Market Regulator in Case Against Qoin Blockchain, But There is a Catch

Part of this case was ASIC's allegation that the Qoin Blockchain and the Qoin Wallets constituted one single scheme but the court disagreed.

Sydney, Australia. (Photo by Johnny Bhalla on Unsplash)