According to ChainCatcher news, the U.S. SEC has accepted the submission of the amendment for the Franklin Crypto Index ETF, as per official SEC documents. On August 17, Franklin Templeton submitted an S-1 application for the new crypto index ETF, aiming to become a one-stop cryptocurrency portfolio. The Franklin Crypto Index ETF will track the performance of the CF Institutional Digital Asset Index, which currently includes only Bitcoin and Ethereum.If approved, the proposed Franklin Crypto Index ETF will be listed on the Cboe BZX exchange and will use Coinbase Custody Trust Company LLC as its digital asset custodian. The ETF plans to invest in crypto assets with weights similar to those of the underlying index, with the possibility of adding other types of cryptocurrencies in the future. Katalin Tischhauser, Head of Investment Research at Sygnum Crypto Bank, stated that index ETFs are the next logical step for cryptocurrency investment, similar to how investors purchase S&P 500 ETFs. Currently, due to regulatory restrictions, cryptocurrency index ETFs are limited to Bitcoin and Ethereum. The ETF cannot be traded on an exchange until the SEC approves its registration application and allows at least one public stock exchange to list the product.

ChainCatcher news, the Hong Kong government recently announced that it has committed to implementing a crypto asset reporting framework (reporting framework) to enhance international tax transparency and combat cross-border tax evasion, as stated to the OECD Global Forum on Tax Transparency and Exchange of Information.In light of the rapid development of the crypto asset market, the OECD published the reporting framework in June 2023 to ensure the maintenance of global tax transparency. As an extension of the existing "Common Reporting Standard for Automatic Exchange of Financial Account Information on Tax Matters," the reporting framework establishes a similar mechanism for users or controllers of crypto assets to automatically exchange tax-related information on crypto asset accounts and transactions with the tax jurisdiction of their tax residents each year.To ensure the fair and effective global implementation of the reporting framework, the Global Forum has invited all relevant crypto asset industries and tax jurisdictions identified as directly related to the reporting framework (including Hong Kong) to implement the reporting framework.Hong Kong has committed to implementing the reporting framework with suitable partners on a reciprocal basis, with those partners required to meet standards for data confidentiality and security. Considering the latest timeline established by the Global Forum, the government plans to complete the necessary local legislative amendments by 2026 or earlier, and to begin the first automatic exchange of information under the reporting framework with relevant tax jurisdictions starting in 2028.

ChainCatcher message, regarding the long tweet "How Libra was killed," Coinbase CEO Brian Armstrong stated that the lesson from Libra is that these tools should be released as open-source software and do not require permission.Once released, they cannot be rolled back, which is the reason for Bitcoin's success, and it is also the script that Meta later (successfully) followed on Llama. Code is speech, protected by the First Amendment.

ChainCatcher news, according to CoinDesk, the U.S. Securities and Exchange Commission (SEC) submitted a proposed amended complaint against Binance on Thursday, focusing on Binance's token listing process. The SEC's proposed documents highlight two issues, the secondary sale of BNB and Binance Simple Earn, accusing Binance of acting as an unregistered securities provider.The documents submitted by the SEC emphasize the allegation that "BNB is a token issued and sold as a security." According to the documents, BNB is offered and sold as a trading platform token. The SEC claims that Binance's BNB burn and its support for projects using BNB are also aimed at helping the token appreciate in value.The documents also involve similar additional details regarding Binance Simple Earn and 10 digital assets (SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS, and COTI), which are allegedly sold as unregistered securities on the Binance platform.

ChainCatcher news, according to The Block, Bitcoin mining company Bitfarms has postponed the special shareholders' meeting by a week to reassess the revised demands proposed by Riot Platforms.Bitfarms has delayed the meeting originally scheduled for October 29 to November 6, which was initially in response to the demands made by Riot Platforms on June 24.Riot amended its demands on September 3, focusing primarily on Bitfarms' recent governance changes and its proposal to acquire Stronghold Digital before the special shareholders' meeting. Riot advocates for further changes to Bitfarms' board, arguing that independent oversight and better governance practices are needed to enhance shareholder value.

ChainCatcher news, Bloomberg ETF analyst Eric Balchunas posted on social media that Grayscale has submitted an S-1 amendment for its mini Ethereum spot ETF to the SEC.

ChainCatcher news, according to The Block, based on filings with the U.S. Securities and Exchange Commission (SEC), Bitwise has submitted its revised S-1 registration statement for its Ethereum spot ETF.Bitwise's updated Bitwise Ethereum ETF S-1 form includes some new details, including information about a $2.5 million seed investment. The company stated, "Bitwise Investment Manager, LLC expects to purchase 100,000 initial shares at a price of $25 per share."Bitwise also mentioned that Pantera Capital Management LP is interested in purchasing shares worth up to $100 million.

ChainCatcher news, according to market news, Nasdaq has submitted a 19b-4 amendment for BlackRock's iShares Ethereum spot ETF.

ChainCatcher news, according to The Block Pro, the NYSE has submitted a 19B-4 amendment update for the Bitwise Ethereum spot ETF.It is reported that the ETF is expected to be listed on the NYSE.

ChainCatcher news, according to Cointelegraph, although FTX's newly revised proposal promises "billions of dollars in compensation," creditors are dissatisfied with specific terms related to the law firm Sullivan & Cromwell (S&C). On the 7th, FTX announced a new amendment to the debt repayment plan, which includes a release clause. The release clause means that if damages occur during the execution of the bankruptcy process, some parties may be exempted from liability.FTX creditor Sunil stated that in the case of FTX, S&C may have included terms that release themselves from any potential liability. Sunil is a member of the largest creditor group of FTX—the FTX Customer Ad-Hoc Committee, which has over 1,500 FTX creditors.Earlier today, it was reported that FTX and its affiliated debtors submitted a revised reorganization plan and disclosure statement to the U.S. Bankruptcy Court in Delaware on Tuesday. The plan is expected to concentrate the distribution of nearly all of FTX's assets at the time of its bankruptcy in November 2022 to global customers and other creditors. FTX anticipates that the total value of the assets collected, converted to cash, and available for distribution will be between $14.5 billion and $16.3 billion.

ChainCatcher message, initiated jointly by Michigan Blockchain, 404 DAO, and GFX Labs: the Uniswap V3 Fees: Factory Owner amendment was not passed, with 30M UNI (accounting for 59.89%) voting against it, including representatives such as teemulaumhonkasalo.eth and Wintermute (wintermutegovernance.eth) who also voted against.It is reported that this proposal allows the DAO to change the fee mechanism in the future. In the proposal put forward by the Uniswap Foundation, V3FactoryOwner.sol does not set a new owner for the UniswapV3Factory.sol; if the proposal is ultimately passed, no one will be able to change V3FactoryOwner.sol, and this will be a permanent change.

ChainCatcher news, some unnamed crypto mining companies are seeking to establish partnerships with Denton Municipal Electric (DME), a community-driven nonprofit power provider in Texas. Although the identities of these companies have not been disclosed, DME confirmed that discussions regarding leasing have been ongoing for a year. Related reports mentioned a potential five-year leasing option and noted that DME spokesperson Stuart Birdseye was unable to provide the names of the interested mining companies.

ChainCatcher news, the Canadian Securities Administrators (CSA) has proposed amendments to regulations regarding how public investment funds handle crypto assets, aimed at further clarifying custody rights and the rules for funds dealing with crypto assets.According to the amendment, only alternative investment funds and non-redeemable investment funds are allowed to directly purchase, sell, or hold crypto assets, while other mutual funds can only invest in these funds to gain exposure to cryptocurrencies. Additionally, the assets must be listed on exchanges recognized by Canadian securities regulators and must be interchangeable. The assets must also be insured and stored in cold wallets, and an annual review of the custodian's internal management is required by a public accountant.It is reported that the proposal will be open for public consultation for 90 days, after which a consultation document will be drafted and a broader regulatory framework for crypto assets will be considered.

ChainCatcher news, according to data from the SEC official website, ARK 21Shares has submitted its seventh amendment to the SEC for its spot Bitcoin ETF.

ChainCatcher news, according to The Block, the U.S. Securities and Exchange Commission (SEC) has confirmed receipt of proposed rule change amendments for Bitcoin spot ETFs from institutions such as Invesco Galaxy, Valkyrie, Franklin, Ark 21Shares, Fidelity, Vaneck, Hashdex, Wisdomtree, and Bitwise.

ChainCatcher news, ARK Invest and 21Shares update another S-1 amendment for a spot Bitcoin ETF, complying with the directive from the U.S. Securities and Exchange Commission (SEC) to allow only cash creation and redemption.

ChainCatcher news, Bloomberg ETF analyst James Seyffart stated on the X platform that Hashdex has submitted an S-1 amendment for a spot Bitcoin ETF to the U.S. Securities and Exchange Commission (SEC).

ChainCatcher news, VanEck has submitted an S-1 amendment for its Bitcoin spot ETF, which is its 5th amendment. Bloomberg ETF analyst James Seyffart stated that this document reveals for the first time that the ETF code applied for by VanEck is HODL.

ChainCatcher News, U.S. Congressman Tom Emmer stated on the X platform: "My bipartisan appropriations amendment passed in the House today without opposition, curbing the SEC's enforcement abuse against the digital asset industry, and Congress will hold unelected bureaucrats accountable."Previously, Tom Emmer was advancing an amendment regarding how the U.S. Securities and Exchange Commission uses its funds, aiming to prohibit the SEC from using its budget to take enforcement actions against crypto companies until Congress passes legislation granting the SEC jurisdiction over this asset class.

ChainCatcher news, according to Blockworks, U.S. Congressman Tom Emmer is advancing an amendment regarding how the U.S. Securities and Exchange Commission uses its funds, proposing to prohibit the SEC from using its budget to take enforcement actions against crypto companies until Congress passes legislation granting the SEC jurisdiction over this asset class.