ChainCatcher news, according to The Defiant, the U.S. Securities and Exchange Commission (SEC) has postponed the decision on the physical purchase and redemption of the spot Bitcoin and Ethereum ETFs from WisdomTree and VanEck until June 3, 2025. Physical trading involves the direct exchange of underlying assets, such as Bitcoin and Ethereum, rather than cash. The New York Stock Exchange Arca and Cboe BZX are the exchanges associated with these proposals.

ChainCatcher news, according to Digital Today, South Korean financial regulators have decided to postpone the application of the Credit Information Act to virtual asset service providers (VASP) until December 1, 2025. Previously, the Financial Services Commission defined cryptocurrency user transaction information as "credit information," requiring cryptocurrency exchanges to comply with this law. Considering the insufficient preparation time for the industry, the Financial Supervisory Service has decided not to impose penalties for related violations during the grace period, unless there are exceptions such as intentional misconduct or gross negligence.

ChainCatcher news, the Nigerian court has postponed the hearing of the tax evasion case against Binance until April 30, to allow the tax authorities to respond to the legal motions filed by Binance. The Federal Inland Revenue Service of Nigeria accuses Binance of failing to pay corporate income tax and penalties for 2022 and 2023, totaling over $79 billion in claims. Binance questions the legality of the court's delivery of legal documents via email, stating that its headquarters is in the Cayman Islands and it has no physical presence in Nigeria.

ChainCatcher news, according to the official Movement Network Discord message, MoveDrop will be postponed to ensure the complete integration and security audit of Cornucopia, Parthenon v2, and MoveDrop.The team stated that the delay of MoveDrop is to ensure the stability and security of the ecosystem. The current focus includes Cornucopia, which will provide over $250 million in liquidity to drive ecosystem growth; Parthenon v2, whose community reward system will undergo significant upgrades to optimize user experience; and MoveDrop, which will further optimize the reward distribution mechanism to enhance network effects.Currently, the Movement Foundation is completing the mainnet bridging of Cornucopia funds, and the DApp and NFT teams are waiting to launch projects after the liquidity release, while the significant upgrades of Parthenon v2 still require further integration.

ChainCatcher news, according to Protos, the resolution of the court case involving Terraform Labs founder Do Kwon has been delayed by a month due to the U.S. government's claim that Kwon's defense team needs more time to review an additional 4TB of evidence. The status conference originally scheduled for March 10, where both parties' lawyers would discuss the current progress of the case and possible resolutions, has been postponed. Following a written request submitted by the U.S. government, the New York District Court has rescheduled the conference to April 10. The court agreed to the U.S. request and stated that the meeting would be postponed to allow the defense to review the substantial evidence.The U.S. government claims it submitted 600GB of evidence to the defense on February 27, including Do Kwon's phone data, emails, and cryptocurrency transaction records. Additionally, the government indicated that it expects to provide an additional 4TB of evidence to the defense by the end of next week. The court order delaying the conference noted that the final trial is still set to take place on January 26, 2026.

ChainCatcher news, according to Jinshi reports, after the CPI data was released, traders adjusted the next Federal Reserve rate cut time from September to December.

ChainCatcher news, according to The Block, the U.S. Securities and Exchange Commission (SEC) postponed its decision on whether to approve BlackRock's listing and trading of options on its spot Ethereum ETF on Friday. According to the submitted documents, the SEC stated that it will decide whether to approve or deny the option trading for BlackRock's iShares Ethereum Trust by April 9, 2025.The SEC stated: "The Commission believes that it is necessary to designate a longer period to issue an order approving or disapproving the proposed rule change in order to have sufficient time to consider the proposed rule change and the issues that it raises."Also on Friday, the SEC sought public comments on the proposal submitted by Cboe BZX on behalf of Fidelity to list and trade options on its spot Ethereum ETF. These comments must be submitted within 21 days after the publication in the Federal Register.

ChainCatcher news, according to The Block, the U.S. Securities and Exchange Commission (SEC) postponed its decision on whether to approve BlackRock's listing and trading options for its spot Ethereum ETF on Friday. According to the submitted documents, the SEC stated that it will decide whether to approve or deny the options trading for BlackRock's iShares Ethereum Trust by April 9, 2025.The SEC stated: "The Commission believes that it is necessary to designate a longer period to issue an order approving or disapproving the proposed rule change in order to have sufficient time to consider the proposed rule change and the issues that it raises."Also on Friday, the SEC sought public comments on the proposal submitted by Cboe BZX Exchange on behalf of Fidelity to list and trade options on its spot Ethereum ETF. These comments must be submitted within 21 days after the publication in the Federal Register.

ChainCatcher News: The U.S. Securities and Exchange Commission (SEC) has postponed its decision on Grayscale Digital Large Cap Fund's conversion of its BTC, ETH, XRP, SOL, and ADA tokens into an ETF.

ChainCatcher news, Ethereum developers stated in the 204th Core Developer Execution Layer meeting (ACDE) that due to a new consensus bug in Pectra Devnet 5 affecting the Nethermind client, the developers decided to postpone the determination of the specific upgrade time for the public testnet.The Nethermind team stated that the bug caused by BLS precompile optimization has been fixed and will not affect the launch of Devnet 6. Developers plan to revisit the testnet upgrade timing in next week's ACD meeting. Additionally, the meeting discussed a security vulnerability affecting the Geth client, which could impact Ethereum's peer-to-peer layer and Layer-2 scaling solutions. Nodes running Geth version 1.14 and above need to update to the latest version immediately.The Pectra upgrade schedule is as follows:Week of February 3: Launch Devnet 6;February 6 (Thursday): Next ACD meeting to decide on the upgrade timing for Holesky and Sepolia testnets;February 10-11 (Monday or Tuesday): Official announcement of the testnet upgrade;Around February 19: Holesky testnet upgrade;February 20: Developer meeting to decide on Ethereum mainnet upgrade timing;Around February 26: Sepolia testnet upgrade (planned about a week after Holesky upgrade);February 27-28: Release final version of mainnet upgrade;Mid-March: Ethereum mainnet upgrade.

ChainCatcher news, according to a public regulatory document, the SEC will postpone its decision on Bitwise 10 Crypto Index Fund (BITW) converting to an ETF until late July. This means that the approval of the Bitwise ETF will take longer to wait. In addition, Bloomberg ETF analyst James Seyffart pointed out that Grayscale's GDLC next deadline is February 2, and delays are also expected.

ChainCatcher news, the community sales platform BuidlPad stated that due to an overwhelming number of registrations (15 times more than expected), the subscription start date for the Solayer community sale will be postponed to January 16. Additionally, the team is strengthening defenses against bots and farms, and is considering modifying the subscription format if necessary to protect community users and ensure fair distribution.Previously, BuidlPad announced the launch of the Solayer community sale event, where buyers are eligible to receive a 100% allocation of LAYER tokens in Solayer's token generation event without any lock-up.

ChainCatcher news, according to Cointelegraph, U.S. District Judge Arun Subramanian in the Southern District of New York has postponed the sentencing of Mango Markets attacker Avi Eisenberg to April 10. Documents show that the judge granted a request from Avi Eisenberg's attorney to delay the sentencing hearing to April 10, which was originally scheduled for December 12.Previously, Avi Eisenberg was convicted of fraud and market manipulation in April 2024 and could face 20 years in prison.

ChainCatcher news, Indonesia has not yet finalized the transfer of cryptocurrency regulation, supervision, and oversight from the Commodity Futures Trading Regulatory Agency (Bappebti) to the Financial Services Authority (OJK). Since 2018, Bappebti has been responsible for regulating crypto assets. The transition, originally scheduled to be completed by January 12, 2025, has been delayed due to a lack of supportive government regulations.The OJK is expected to create a more transparent regulatory environment that meets international standards. It plans to introduce clearer rules for trading, taxation, and the operation of cryptocurrency exchanges, areas that were previously managed by Bappebti with insufficient regulatory oversight.OJK Chairman Mahendra Siregar stated that discussions and preparations for the regulatory transition are actively underway.

ChainCatcher news, according to market news, the Internal Revenue Service (IRS) of the United States has announced that the enforcement date for cryptocurrency tax reporting rules will be postponed to December 31, 2025. This move aims to give cryptocurrency brokers more time to address legal and regulatory challenges and improve relevant accounting methods.

ChainCatcher news, according to Cointelegraph, a U.S. court has postponed the CFTC vs. Gemini case to January 21, 2025. U.S. District Judge Alvin Hellerstein announced that the hearing date for the civil case between the Commodity Futures Trading Commission (CFTC) and Gemini Trust Company has been moved from the originally scheduled January 13, 2025, to January 21, and made it clear that there will be no further delays.The CFTC filed a lawsuit against Gemini in June 2022, accusing it of providing false or misleading information when applying for Bitcoin futures contracts in 2017, and seeking the return of illegal profits, civil penalties, and injunctions. The delay in the case may be influenced by the incoming administration and new congressional policies.

ChainCatcher news, according to the official announcement, Binance will postpone the start time for Vana (VANA) trading originally scheduled for 2024-12-16 10:00 (UTC) to 2024-12-16 11:30 (UTC).

ChainCatcher news, BitMEX co-founder Arthur Hayes posted on X: "The bull market can continue, as South Korea has postponed the capital gains tax for two years."According to the Korea Economic Daily, a representative of the Democratic Party in the National Assembly stated, "It has been decided to agree to postpone the taxation of virtual assets for two years. Among the 13 bills proposed by the government, 8 bills are uncontroversial, while the remaining 5 bills will be further discussed and decided today."

ChainCatcher news, according to The Block, the SEC has postponed its decision on the Franklin Crypto Index ETF EZPZ, as stated in a document released on Wednesday. Franklin Templeton submitted a registration statement for the Franklin Crypto Index ETF to the agency in August, which will hold both Ethereum and Bitcoin.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 SEC stated in the document: "The Commission believes that a longer period should be designated to take action on the proposed rule change, so that there is adequate time to consider the proposed rule change and the issues raised therein."

ChainCatcher news, according to the Washington Post, the ruling in the "hush money" case involving President-elect Trump, originally scheduled for November 26, has been indefinitely postponed. The New York prosecutor is willing to delay the trial until after Trump's second term in the White House ends. Trump will be inaugurated on January 20 and serve until early 2029.