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Valkyrie backtracks on Ether futures contract purchases until ETF launch

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Bloomberg analyst Eric Balchunas speculated the SEC may have applied pressure on Valkyrie to halt purchases of ETH futures contracts until the ETF was officially approved.

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Coin Market

Jack Dorsey’s Block seeks US trust bank charter for Bitcoin, stablecoin

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The proposed Builders Bank would offer federally supervised digital asset custody but would not accept deposits or issue loans.

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Iran eases currency rules to bypass US sanctions with crypto: Report

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Exporters can now fund imports with overseas earnings without first selling their foreign currency at official rates, the Financial Times reported.

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Coin Market

Gemini receives Singapore payment license for crypto services

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Gemini’s local entity is authorized to provide digital payment token and cross-border money transfer services without standard transaction-volume limits.

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