Brazil’s Securities and Exchange Commission Approves Solana-Based ETF
The Brazilian Securities and Exchange Commission (CVM) has approved a Solana-based exchange-traded fund (ETF), the agency disclosed in its central database.Source
Judge Fines Ripple $125M, Bans Future Securities Law Violations in Long-Running SEC Case
A federal judge ordered Ripple to pay $125 million in civil penalties and imposed an injunction against future securities law violations on Wednesday.Source
Crypto Turns Broadly Lower in U.S. Afternoon Trade as Stocks Give Away Gains
An overnight bounce following dovish remarks from the Bank of Japan has failed to hold.Source
Brazilian Civil Police Dismantles Crypto Laundering Scheme Employed by Drug Gang
The Civil Police of São Paulo, Brazil, dismantled a money laundering scheme managed by the drug gang First Capital Command (PCC) that operated a company operating as a crypto exchange, the police said on X (formerly Twitter) on Tuesday.Source
The Protocol: Death Cross, Dip Buying and Developer Nerves
Bitcoin swooned, and crypto markets followed. Should blockchain-project founders and developers be worried? PLUS: We break down Ronin Network’s $12 million run-in with white-hat hackers.Source
Ethereum Entities Largely Complied With Tornado Cash Sanctions, NY Fed Paper Says
The Federal Reserve Bank of New York published a report Wednesday morning assessing the effect sanctions had on Tornado Cash.Source
UK Regulator FCA Has Issued Over 1K Warnings to Crypto Firms Since October
The FCA’s actions have led to the removal of 48 apps from U.K. app stores, Lucy Castledine, the regulator’s director of consumer investments, said in an interview.Source
CoinDesk 20 Performance Update: SOL Leads with 3.9% Gain as Index Rebounds
Twelve assets in the CoinDesk 20 are trading higher, with SOL up 3.9% and BCH up 2.2%.Source
Long-Dormant Wallets Tied to $4B PlusToken China Ponzi Moves 2.8K Ether
In November 2020, Chinese authorities seized almost $4 billion worth of various tokens, including ETH, bitcoin (BTC), dogecoin (DOGE), xrp (XRP), among others.Source