Bybit Strengthens Partnerships and Explores Islamic Finance Innovation at Exclusive Forum

Dubai, United Arab Emirates, November 22nd, 2024, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, hosted a groundbreaking Islamic Finance Forum, bringing together renowned scholars, industry leaders, and key partners to discuss the evolving landscape of Shariah-compliant digital assets. The forum deepened collaborations and highlighted Bybit’s commitment to supporting Muslim investors through its…

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SEC Chair Gensler Announces Departure Ahead of Trump Presidency— SEC Lawsuits to ‘Quietly Go Away’?

The Chairman of the US Securities and Exchange Commission (SEC), Gary Gensler, has officially announced on X that he is resigning in January 2025.  In a release published by the Agency, the Gensler-led administration retrieved $2.7 billion for harmed investors through enforcement actions.  The Chairman of the US Securities and Exchange Commission (SEC), Gary Gensler,…

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XRP-Backed ETP Debuts in Europe: WisdomTree Expands Crypto Offerings

WisdomTree launches Physical XRP ETP across major European exchanges with a 0.50% management fee, featuring institutional-grade security through dual custody and cold storage protection. As of November 2024, multiple firms, including 21Shares, are pursuing XRP ETF approval in the US, with SEC facing a June 2025 deadline for current applications. WisdomTree has launched its latest…

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Solana ETF Filings Skyrocket as SOL Hits All-Time High

Solana has surpassed $264, exceeding its 2021 all-time high of $259.52, this rise comes after SEC Chairman Gary Gensler announced his resignation on January 20, 2025, as Trump takes office again. Solana has seen a substantial rise in ETF filings proposed to the SEC by multiple companies, including Bitwise, VanEck, 21Shares, and Canary Capital. After…

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