Search results for Polkadot
Crypto
SEC-CFTC guidelines raise questions over need for CLARITY Act
New crypto regulatory guidance from the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission has renewed scrutiny of the Digital Asset Market Clarity Act, known as the CLARITY Act. The agencies issued a 68-page joint interpretation that sets out criteria for treating most cryptocurrencies as non-securities and introduced a five-step token classification framework. The guidance overlaps with parts of the stalled bill, though market views differ on whether legislation is still necessary.
Crypto
21Shares lists first U.S. Polkadot spot ETF on Nasdaq
21Shares has launched what was described as the first U.S. spot Polkadot exchange-traded fund, The Block reported on Thursday. The ETF began trading on the Nasdaq under the ticker symbol TDOT. Bloomberg senior ETF analyst Eric Balchunas said the fund started with $11 million in initial assets and has a 0.3 percent fee. 21Shares said Polkadot is designed to connect multiple independent blockchains into an interoperable network.
Crypto
Korbit builds support system for corporate clients for Staking Plus
Korbit said on Wednesday it has completed technical and operational support systems to expand corporate access to its flexible staking service, Staking Plus. It said it has finished preparations to respond to rising demand from corporate clients to use digital assets and to prepare for a potential widening of the scope of corporate digital-asset trading. Korbit plans to expand the service in phases within limits allowed by government guidelines and relevant laws.
