US SEC Publishes Guidance for Issuance and Registration of Crypto Assets
The US Securities and Exchange Commission (SEC) has issued new guidance on the issuance of securities and disclosure requirements in the cryptoasset market. The guidance details how to disclose crypto-assets in investment contracts in regulatory documents such as Regulation S-K, Form S-1 and Form 10. It also covers technical explanations such as visualization of smart contract codes.
Trump Signs Law Canceling Crypto Tax Rules
US President Trump has signed into law legislation that repeals crypto tax rules passed during the Biden administration that targeted DeFi platforms. The bill eliminates rules mandating the collection and reporting of user data to the IRS. This development is seen as an important regulatory milestone for DeFi technologies.
Vitalik Buterin Publishes Minimal L1 Privacy Roadmap for Ethereum
Ethereum co-founder Vitalik Buterin presented a four-step roadmap for increasing privacy at the L1 level at the Ethereum Magicians forum. These steps include on-chain payment privacy, anonymization of application activity, on-chain data read privacy, and network-level anonymity. The goal is to create a more secure and anti-censorship Ethereum infrastructure by increasing the privacy of user transactions.
SEC and Ripple Reach Preliminary Settlement Agreement in Litigation
The SEC and Ripple have reached a settlement in principle in their long-running litigation. The parties applied to the US Court of Appeals for the Second Circuit to suspend their appeals and cross-appeals. This step indicates that the case may soon result in a final settlement.
Bitcoin Spot ETFs Exit for the Sixth Day in a Row: $150 Million
As of April 10, there was a net outflow of $150 million from Bitcoin spot ETFs. The largest outflow was from Fidelity’s FBTC fund with $74.63 million. In contrast, Grayscale’s Mini Bitcoin Trust fund saw a net inflow of $9.87 million. The total net asset value of spot ETFs was $88.61 billion.
Ethereum Spot ETFs Outflows for a Third Day: $38.79 Million
Ethereum spot ETFs experienced outflows for the third day in a row, totaling $38.79 million. The largest outflow came from Fidelity’s FETH fund with $36 million, while BlackRock’s ETHA fund stood out with inflows of $4.05 million. Currently, the total net asset value of Ethereum ETFs stands at $5.09 billion.
by Darkex Research – 1 min read
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