Crypto Pills

FTX, the bankrupt crypto exchange, plans to start repaying $1.6 billion to creditors beginning September 30. The schedule initiates distributions to affected claimants as part of the platform’s wind-down.

SEC listing standards clear a path for crypto exchange-traded funds, setting the stage for more products to reach public markets. Market reactions may vary, with potential discrepancies in how token prices respond despite broader investor access.

BitGo submits an S-1 registration for an initial public offering and reports $3 billion in revenue for 2024. The filing signals the crypto custody firm’s intention to enter public markets.

The U.S. Commodity Futures Trading Commission appoints executives from JPMorgan and Franklin Templeton to key roles focused on digital asset oversight. The additions aim to strengthen supervision and expertise in crypto market regulation.

NBA star Kevin Durant recovers his Coinbase account after nearly 10 years. The recovery follows a prolonged lapse in access to the account.