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In-kind redemption for Bitcoin and Ethereum ETFs get ‘positive sign’ as Cboe’s files amendments – MAXBIT
Cboe has submitted amendments for five crypto-related exchange-traded funds (ETFs) that would allow authorized participants to create and redeem shares in-kind, which is a positive sign for the approval of such funds. Bloomberg ETF analyst James Seyffart shared on July 22 a screenshot of the exchanges’ docket showing the amended… Listen ⇢
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Hong Kong Monetary Authority Penalizes 33 Financial Services for Regulatory Breaches – MAXBIT
Peter Zhang Jul 22, 2025 05:03 The Hong Kong Monetary Authority has imposed a fine on 33 Financial Services Limited for non-compliance with the Payment Systems and Stored Value Facilities Ordinance. The Hong Kong Monetary Authority (HKMA) has taken disciplinary action against 33 Financial Services Limited (33FS) for breaching the… Listen ⇢
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Wall Street Giant JPMorgan To Let Clients Borrow Money Against Their Bitcoin And Ethereum Holdings – MAXBIT
American banking behemoth JPMorgan Chase is reportedly exploring a major expansion into crypto-backed lending and is mulling offering loans directly secured by clients’ crypto holdings, marking a major U-turn for the bank, whose CEO once dismissed Bitcoin as a “fraud.” Crypto-Backed Loans The Financial Times reported on Tuesday, citing anonymous… Listen ⇢
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Western Union Plans Stablecoin Integration After GENIUS Act Approval – MAXBIT
GENIUS Act pushes Western Union closer to stablecoin payment services. Western Union eyes on-ramp partners for stablecoin cash conversions globally. Stablecoin settlement trials launched in Africa, South America for remittances. Western Union, one of the biggest names in global money transfers, is now preparing to move deeper into the world… Listen ⇢
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$100B Binance Futures volume backs traders’ ‘altseason’ claim – MAXBIT
Altseason takes center stage as 71% of Binance Futures volume are altcoins. Key takeaways: Altcoins account for 71% of Binance Futures trading volume, marking a clear shift in trader interest from Bitcoin. Over 32,000 BTC entered exchanges, suggesting profit-taking and potential altcoin rotation amid rising volatility. Read more Source link… Listen ⇢
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Aave Dominates DeFi Rally, Grabs 31% of $49B TVL Increase – MAXBIT
Since April, decentralized finance (DeFi) protocols have added approximately $49 billion in net total value locked (TVL). Interestingly, Aave accounted for around $15 billion of this increase and represented roughly 31% of the total growth across DeFi platforms during the period. Aave Leads the Pack The latest figure means that… Listen ⇢
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Western Union joins stablecoin race, eyes crypto partnerships: CEO – MAXBIT
Western Union is exploring stablecoin integration for cross-border transfers, conversions and digital wallets, positioning it as an innovation opportunity. Western Union is exploring ways to integrate stablecoins into its services as the firm seeks to modernize cross-border payments. During a Monday interview with Bloomberg, Western Union CEO Devin McGranahan said… Listen ⇢
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SharpLink Gaming Buys Record 79,949 ETH, Now Holds Over $1.3 Billion in Ether – MAXBIT
SharpLink Gaming buys record ETH, becomes largest public holder of Ethereum. New purchase adds $258.9M ETH, treasury jumps by twenty-nine percent. Genius Act clarity inspires SharpLink’s confidence, fuels long-term crypto strategy. SharpLink Gaming, a sports betting and digital marketing company based in Minnesota, has just made headlines with a record-breaking… Listen ⇢
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What does the US GENIUS Act mean for stablecoins? – MAXBIT
The Genius Act is a US law aimed at establishing federal oversight for stablecoin issuers, setting rules for reserves, redemption rights, and licensing requirements. The GENIUS Act is a United States federal law that creates a comprehensive regulatory framework for stablecoins. The Guiding and Empowering Nation’s Innovation for US Stablecoins… Listen ⇢
Meet the podcast host, Emily Grace.
Emily Grace is a writer at crypto.readnow.cc, covering the latest trends, news, and insights in the world of cryptocurrency and blockchain.
