Author
571 posts
Bena Ilyas
Latest Articles
South Korea Faces Pressure to Approve Crypto ETFs after US SEC’s Ethereum Decision
By Bena Ilyas
• 3 mins read
Xangle, a Seoul-based crypto data provider, argues that the Korean regulations stop efforts to restore the Korean stock market and address the “Korea Discount”, in which Korean stocks trade at lower valuations than their global peers.
FTX Lawyers Cleared of Fraud, Report Rejects Complicity Claims
By Bena Ilyas
• 3 mins read
Creditors and investors accused Sullivan & Cromwell of not raising warnings and of positioning for a profitable role as FTX’s main bankruptcy counsel.
Ethereum ETF Issuers Engage with SEC over S-1 forms, Approval Process Begins
By Bena Ilyas
• 2 mins read
Despite the SEC’s engagement with issuers, industry experts warn that the process isn’t finished yet. “Basically, it’s just starting,” said a high-ranking member at an ETF issuer, referring to the S-1 discussions.
Spot Bitcoin ETFs Sees 8th Consecutive Day of Inflow Streak
By Bena Ilyas
• 3 mins read
Solana’s potential ETF approval could skyrocket its market presence, leveraging its high-speed, low-cost transactions for mainstream adoption.
WisdomTree’s Crypto ETPs Approved by UK Regulator, Set for LSE Debut
By Bena Ilyas
• 2 mins read
WisdomTree Physical Bitcoin (BTCW) and WisdomTree Physical Ethereum (ETHW), will give investors access to Bitcoin and Ethereum while being fully backed by the actual assets.
Former FTX Executive Ryan Salame Faces 5 to 7 Years in Prison
By Bena Ilyas
• 3 mins read
FTX executive Ryan Salame faces two major allegations. First, Salame helped FTX accept customer deposits via a US bank account without proper licensing. Second, Salame is accused of serving as a straw donor for Sam Bankman-Fried.
Notcoin Viral Growth on Telegram: Hits 30 Million Users
By Bena Ilyas
• 2 mins read
Notcoin’s success wasn’t only due to rewards; it cleverly used Telegram’s existing user base and social features.
Brazil Central Bank Plans Multi-Phased Crypto Regulations by Year’s End
By Bena Ilyas
• 2 mins read
The Banco Central do Brasil (BCB) acknowledges the complexity of regulating the diverse crypto sector.
Ripple vs SEC Settlement Could Propel XRP to $18, Analysts Say
By Bena Ilyas
• 3 mins read
The legal battle between the SEC and Ripple is approaching its final stages. Both sides have presented their final arguments concerning the remedies.
Spot Ethereum ETF Decision Approaches as SEC Reviews Key Approval Filings
By Bena Ilyas
• 3 mins read
In order to launch Ethereum ETFs on Wall Street, the SEC must approve two crucial elements: the 19b-4 filings and the S-1 registration statements.