The SEC said on Tuesday that it was extending its timeline for a decision on the proposed fund by 45 days to Jan. 25.
The price of the ORDI token continues its dramatic run, with the asset increasing in value by more than 700% in a month.
Rep. Patrick McHenry, who has been a staunch advocate for the crypto industry, will be retiring at the end of his term in January 2025.
In his first public interview since getting the job last month after founder Changpeng “CZ” Zhao was formed to step down amid a $4.3 billion legal settlement with the U.S. government, Teng said Binance’s compliance systems were inadequate in the past and that mistakes were made. But Teng, who has held senior positions at Binance for several years, refused to give answers about the company’s governance.
The filing lists the Tesla-billionaire-turned-social-media tycoon as a key backer.
Rep. Maxine Waters, often a critic of crypto, said she wants to organize a group of lawmakers to take a deeper dive into crypto firms.
The move prompted $73 million in liquidations, during the day predominantly leveraged short positions betting on lower prices.
The new Offline Signing Orchestrator tech is being used by IBM’s long standing partner in the crypto space, Ripple-owned custody firm Metaco.
Hoping to make it cheaper to trade crypto in Brazil, Nubank will implement Talos’s “Smart Order Routing engine.”
The abrupt recent turn in expectations for Federal Reserve monetary policy has helped asset prices across the board.
