The UK Faces Potential "Crypto Catastrophe" Due to Staff Shortages at FCA

The UK Faces Potential "Crypto Catastrophe" Due to Staff Shortages at FCA   financemagnates.com 17 July 2024 13:50, UTC The Financial Conduct Authority (FCA) has significantly expanded its cryptocurrency workforce to over 100 staff members, yet its policy team remains understaffed, according to data obtained by blockchain finance provider Quant through a Freedom of Information…

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Staking and in-kind redemptions for crypto ETFs can be reconsidered says SEC Commissioner

Staking and in-kind redemptions for crypto ETFs can be reconsidered says SEC Commissioner   cryptoslate.com 17 July 2024 15:57, UTC SEC Commissioner Hester Peirce’s recent comments to Coinage Media have reignited discussions about the potential inclusion of staking and in-kind creation/redemption features in crypto ETFs. Peirce emphasized that these elements, which were excluded from initial…

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Former Lawyer Says SEC Won’t Discuss Ripple Settlement in Upcoming Meeting

Former Lawyer Says SEC Won’t Discuss Ripple Settlement in Upcoming Meeting   thecryptobasic.com 17 July 2024 08:37, UTC Retired securities lawyer Marc Fagel dismisses speculations that the U.S. SEC could agree to settle its multi-year lawsuit with Ripple during its upcoming Sunshine Act meeting. For context, rumors have been spreading in the XRP community that…

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Nigeria Police Arrest Self-Proclaimed Crypto Billionaire on Charges of Cryptocurrency Fraud and Terrorism Funding

Nigeria Police Arrest Self-Proclaimed Crypto Billionaire on Charges of Cryptocurrency Fraud and Terrorism Funding   news.bitcoin.com 17 July 2024 08:07, UTC On July 16, the Nigeria Police Force confirmed the arrest of Linus Williams, a self-proclaimed crypto billionaire also known as Blord. Williams faces charges related to internet fraud, terrorism funding, and violations of the…

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