Dogecoin (DOGE) Relies on Just 22 Active Developers as AI Trading Protocols Deploy 660 Registered Agents openPR.com
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- Top US regulators have jointly cleared a path for spot crypto trading.
- The move is a stark reversal from the previous, more skeptical administration.
- Registered exchanges are now invited to engage with the SEC and CFTC.
The floodgates to the heart of the American financial system have been thrown open.
In a landmark and coordinated move, the nation’s top markets watchdogs have given their official blessing for registered trading platforms to deal in spot crypto assets, a stark and powerful reversal that signals a new, pro-innovation era for the digital asset industry.
The joint statement from the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) on Tuesday is the clearest sign yet of the tectonic shift in Washington’s approach to cryptocurrency.
Under the previous administration, the industry was met with hesitation and skepticism.
Now, under regulators appointed by the avowedly pro-crypto President Donald Trump, a wide and clear path is being paved for digital assets to integrate into the existing financial system.
A coordinated push from the top
This is not a tentative step, but a coordinated sprint.
The agencies revealed that under the SEC’s “Project Crypto” and the CFTC’s ongoing “crypto sprint,” their leaders are actively pushing to fulfill President Trump’s mandate to establish the US as the world’s preeminent crypto hub.
The regulators declared their unified view that existing, regulated exchanges “are not prohibited from facilitating the trading of certain spot crypto asset products.”
This includes CFTC-registered designated contract markets (DCMs) and SEC-registered national securities exchanges (NSEs).
In a clear invitation to Wall Street, the agencies are now encouraging such entities to contact their staff to figure out how to move forward.
The philosophy behind the move was articulated by the leaders themselves.
“Market participants should have the freedom to choose where they trade spot crypto assets,” said SEC Chairman Paul Atkins in a statement.
His counterpart at the CFTC, Acting Chairman Caroline Pham, echoed this sentiment, calling the joint statement “the latest demonstration of our mutual objective of supporting growth and development in these markets, but it will not be the last.”
Clearing the path as Congress deliberates
While the statement did not detail which specific cryptocurrencies would be covered, referring only to “certain spot crypto asset products,” its intent is unmistakable.
The regulators are acting decisively, using their existing authorities to open the financial system to crypto now, even as Congress continues its slow and deliberate work on a more sweeping set of market rules.
This move also directly addresses one of the most persistent and problematic holes in US crypto oversight: the CFTC’s historical lack of clear authority to fully regulate the spot market, where the actual assets are changing hands.
By inviting registered firms to engage, the agencies are effectively building a regulatory bridge while the legislative foundation is still being laid.
The message to the financial world is clear: the era of waiting is over, and the time to build is now.
Grayscale Cardano Trust ETF Registered in Delaware Binance
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BlackRock, Inc., the American multinational investment company, is in the spotlight. Reports indicate that the firm with $12 trillion in assets under management is now a registered crypto asset firm with the UK Financial Conduct Authority (FCA). Notably, this recent development has spurred conversation on what it means for the future of the company and the digital asset market.
BlackRock and the New UK FCA Status
According to the FCA website, BlackRock is now the 51st firm approved to handle crypto-related assets in the UK. This registration, confirmed on April 1, 2025, has paved the way for BlackRock to enter a growing market.
According to the update, BlackRock had to follow strict rules set by the Financial Conduct Authority (FCA), which monitors financial businesses to ensure they operate safely and fairly.
Furthermore, with this approval, BlackRock can now offer crypto products and help clients trade digital currencies legally and safely in the United Kingdom.
Following this move, market experts believe that major companies like BlackRock view cryptocurrency as a valuable asset worth investing in. Given the firm’s massive size—managing more assets than most countries—this move sends a strong signal to other banks and investment funds.
It could encourage the UK to become a leading hub for cryptocurrency, especially with Europe closely observing the developments.
The BlackRock ETF Milestone
It is important to state that BlackRock is no stranger to the digital asset market. In January 2024, it launched an exchange-traded fund (ETF) called iShares Bitcoin Trust (IBIT) in the US.
Interestingly, the investment fund quickly grew, pulling in billions from investors who wanted to acquire Bitcoin through the firm. While the BlackRock Bitcoin ETF has recorded distinct outflows, it is recognized as the most successful issuer in the market.
With its advancement in the UK and EU, BlackRock intends to bring a similar Bitcoin product to Europe. Experts are speculating that a European Bitcoin ETF could be the next step, following the success seen in the US.
This breakthrough is crucial because it connects cryptocurrency to mainstream investing, making it appear less risky to the general public. Analysts believe it could cause the Bitcoin price to rally as more investment capital enters the market.
Is BlackRock Planning an XRP ETF?
Presently, talks are swirling about whether BlackRock might surpass the Bitcoin spot ETF. Some experts are observing whether an XRP ETF tied to the Ripple coin is in the works.
CoinGape reported that in a recent interview, Ripple CEO Brad Garlinghouse was asked about a potential collaboration with BlackRock to file for an XRP ETF in the US. While Garlinghouse did not confirm any partnership, his response suggested that such a move could make sense for the XRP community, fueling speculation.
XRP enthusiasts and community members hope that BlackRock’s crypto pivot in the UK will boost the crypto ETF scene even more.
Godfrey Benjamin
Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Dogecoin ETF registered amid Elon Musk’s publicity stunts ReadWrite
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An interesting trend looks to be developing among institutional players as their interest in the flagship cryptocurrency, Bitcoin, continues to rise. This interest has in no small way been thanks to the frenzy around the Spot Bitcoin ETFs, which could be approved sooner than later.
Other ETFs Considering Bitcoin As An Investment Option
Crypto commentator and music producer Marty Party recently drew the crypto community’s attention to an emerging trend among fund managers and their ETFs. He noted how these asset managers are amending the prospectus of funds they manage so they can gain exposure to Bitcoin.
These institutions are said to be looking to use 15% to 50% of assets under their management to gain exposure to BTC. One way they will be looking to achieve this is through the Spot Bitcoin ETFs that could potentially launch anytime soon.
Marty Party specifically highlighted the case of Advisors Preferred Trust, which is already looking to gain the SEC’s permission to invest up to 15% of its AuM in Bitcoin-related ETFs like Grayscale’s Bitcoin Trust (GBTC) and ProShares Bitcoin Strategy ETF.
MicroStrategy’s Executive Chairman and Co-founder, Michael Saylor, had previously hinted that something like this was going to happen soon enough. Then, he suggested that more institutional players were going to direct more of their capital to Bitcoin.
A rule that was implemented by the Financial Accounting Standards Board (FASB) has also paved the way for more companies like MicroStrategy to include BTC on their balance sheet.
The launch of Spot Bitcoin ETFs will also make it easier for these institutional investors to gain direct exposure to the flagship cryptocurrency.
For a long time now, those who had a prior interest in the crypto token have had to either invest in Bitcoin futures ETFs or other Bitcoin derivatives on exchanges like the Chicago Mercantile Exchange (CME). But this is changing with the potential approval of a Spot Bitcoin ETF.
BTC price holds $45,000 | Source: BTCUSD on Tradingview.com
Grayscale Leading In The “Cointucky Derby”
As highlighted recently by Bloomberg Analyst James Seyffart, Grayscale looks to set the lead the way, assuming all pending Spot Bitcoin ETFs were approved simultaneously. This is because the asset manager has already established itself with GBTC and would likely have more capital than other issuers upon launch.
Bloomberg Analyst Eric Balchunas highlighted this fact and hinted that the Securities and Exchange Commission (SEC) could decide not to let Grayscale launch on day one because of this. If that doesn’t happen and all funds launch simultaneously, then Grayscale is likely to have a sort of ‘first mover advantage.’
However, other asset managers will be looking to assert their dominance by adopting different strategies. One such strategy will be these issuers undercutting themselves in terms of the fees they will charge to manage their respective funds. Invesco already made it known that they will be waiving fees for the first six months and the first $5 billion in assets.
Featured image from Finra, chart from Tradingview.com
Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.
Just-In: Registered Crypto Exchange Lists Shiba Inu (SHIB … CoinGape
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Registered Crypto Exchange Lists Shiba Inu (SHIB) Ecosystem’s BONE Token CoinGape
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Dogecoin Foundation took a bold step in registering ”Doge,” ”Dogecoin” and logos
The Dogecoin Foundation says that there have been an increasing number of bad faith attempts to register trademarks for “Doge,” “Dogecoin” and even the logos created for Dogecoin by Christine Ricks. It had no option but to register them to protect ”all good Shibes in the Dogecoin community.”
Given an increasing number of bad faith attempts to register trademarks for “Doge,” “Dogecoin” and even the logos created for Dogecoin by Christine Ricks by people and organisations, we had no option but to register them to protect all good shibes in the @Dogecoin community. 2/2
— Dogecoin Foundation (@DogecoinFdn) March 2, 2022
The Dogecoin Foundation posted an image of its certificate of registration with the European Union’s intellectual property unit, to which ”it stated it’s a small victory that seems so very irrelevant given all that’s currently happening in the world, but it’s an important step.”
Much success.
It’s a small victory that seems so very irrelevant given all that’s currently happening in the world, but it’s an important step.Thank you @DACBeachcroft (& for this: @PageWhite_IP Germany), as well as @MosesSingerLLP for their representation in the USA.
1/ pic.twitter.com/nufaJLUSFG
— Dogecoin Foundation (@DogecoinFdn) March 2, 2022
As U.Today previously reported, Ross Nicoll, a former director of the Dogecoin Foundation in February, stated that the foundation operates in a challenging environment.
Nicoll, who remains a full-time software developer at Alphabet Inc, offered the following reasons for why he stepped down from his role at the Dogecoin Foundation: workload stress and the resolve to avoid a potential conflict of interest.
The top Dogecoin developer noted in a blogpost that ”the Dogecoin Foundation was operating in an extremely challenging environment where every step of the way simple processes are significantly more complex than they should be.”
He stated that in 2021, some parties registered trademarks for Dogecoin, fraudulently claiming to be ”dogecoin” or ”Dogecoin developers.” In the summer of 2021, there was a potential lawsuit against the real Dogecoin developers from someone who claimed they were responsible for their funds.
This might be inferred as one of the reasons why the Dogecoin Foundation took a bold step in registering ”Doge,” ”Dogecoin” and the logos created for Dogecoin by Christine Ricks.
Dogecoin acceptance
AMC Theatres customers might be able to pay with Dogecoin (DOGE) using crypto payments provider BitPay starting this month.
“BitPay will be live for AMC online payments on our website by March 19, and live on our mobile apps by April 16, possibly a few days earlier,” AMC CEO Adam Aron stated in a recent tweet.
As previously reported by U.Today, Elon Musk hints that the Dogecoin Army is pulling out all the stops to get McDonald’s to accept DOGE. The Tesla CEO took to Twitter to mention McDonald’s under a tweet related to Dogecoin and businesses new to crypto.
The latest update in XRP Ledger’s development saw Ripple announce its exclusive partnership with Xange, a sustainably run, United Nations’ (UN) registered, securities exchange. Xange aims to develop a Carbon Credit Solution on the carbon neutral XRP Ledger (XRPL).
.@Xange_com is bringing a Carbon Credits Solution to the #XRPLedger – one of the first major carbon neutral blockchains.
Read more about why they chose the #XRPL: https://t.co/vPy6kx7BkJ
— Ripple (@Ripple) December 16, 2021
Xange’s Carbon Credit Solution on the XRP Ledger will further lead to the issuance of tokenized carbon credits, following the guidelines set by the top industry working groups, including the InterWork Alliance (IWA), a Global Blockchain Business Council (GBBC) initiative, and the Taskforce on Scaling Voluntary Carbon Markets (TSVCM). Specifically, IWA’s Token Taxanomy Framework, which is used to define token standards, together with its InterWork Framework, that is used for smart contract standards, will serve as the foundation for the Xange.com Carbon Credit Solution on the XRP Ledger.
XRP Ledger’s “energy efficient” operations
As Xange’s goal revolves around climate change and climate security, therefore, it also goes hand-in-hand with the preventing illegal financial transactions by enabling more anti-carbon emission initiatives using blockchain technology. This in turn allows transparency to carbon accounting, by avoiding double counting of emission reductions or removals.
According to the press release from Xange.com, XRPL facilitates sustainable blockchain operations, as it is also one of the first major carbon neutral blockchains, which supports Xange’s anti-carbon emission agenda. Xange also compared XRPL to Proof-of-work blockchain networks, asserting XRPL’s eco-conscious functionalities.
“Xange.com chose to build on the XRP Ledger given its performance, scalability and inherently green attributes. The XRP Ledger was built with sustainability in mind and is one of the first major carbon neutral blockchains. Due to its Federated Consensus algorithm, the XRPL is significantly more energy efficient compared to proof-of-work blockchains and ensures low-cost transactions.”
This is not the first the time XRP Ledger’s sustainable attributes contributed in its favour. Earlier this year, by the end of third quarter, Ripple announced its $250 million Creator Fund, to facilitate creators explore new use cases for NFTs on the XRP Ledger. Given the environmental friendly attributes of XRPL, it was marketed as a sustainable way to mint, buy and transfer billions of NFTs.
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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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