Grayscale CEO Highlights US Opportunity To Lead Crypto Space Through Regulation
The chief executive of Grayscale, a leading digital asset management firm, believes that the United States has a significant opportunity to dominate
Read MoreThe chief executive of Grayscale, a leading digital asset management firm, believes that the United States has a significant opportunity to dominate
Read MoreBitcoin (BTC) hit new month-to-date highs on Sep. 18 as a strong weekly close cemented a bullish start to Wall Street trading. BTC/USD 1-day chart. Source: TradingViewTrader cautions on surging Bitcoin open interestData from Cointelegraph Markets Pro and TradingView tracked over 3% BTC price gains on the day, with Bitcoin breaking
Read MoreWhile Gensler will be highlighting recent enforcement actions and two of the agency’s rule proposals that effect crypto firms – a proposal on custody and one on redefining the exchange definitions to formally incorporate crypto platforms – he’ll also advise the lawmakers he won’t be able to talk about any
Read MoreBefore Elon Musk bought Twitter and renamed it X, a blue checkmark – like the one emblazoned on @Grayscale_FND’s account – was a sign the account was verified, that some measure of thought and vetting had occurred before the account got that label. Now, it means the account owner can
Read MoreShare Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Grayscale is calling on the US SEC to approve its spot Bitcoin exchange-traded fund (ETF) application, arguing that further delay would cause harm to investors. Grayscale’s lawyers on Sept. 5 wrote a letter to the SEC seeking
Read MoreBlockchain analytics platform Arkham Intelligence claims to have identified the addresses of the Grayscale Bitcoin Trust. The trust consists of more than 1,750 addresses holding a total of over $16 billion worth of Bitcoin (BTC), according to a Sept. 6 thread on X (formerly Twitter). Arkham claimed that Grayscale is
Read MoreGrayscale has told the Securities and Exchange Commission it has no legal reasoning left to block the conversion of the asset manager’s flagship Bitcoin (BTC) fund to a spot exchange-traded fund (ETF).On Sept. 5, Grayscale’s lawyers sent a letter to the SEC requesting the pair meet to discuss the next
Read More"After the Commission has had the opportunity to fully analyze the court’s opinion in light of the record, including the reasons for rejection set forth ... we believe the Commission should conclude that there are no grounds for treating the Trust differently from ETPs that invest in bitcoin futures contracts,"
Read MoreShould the SEC wish to challenge the federal judge's conclusions in the Grayscale decision, the company's application could simply be denied again for a different (or even an analogous) reason. That course of action becomes problematic quickly. The last thing any lawyer wants to do is upset a federal judge. That is
Read MoreOn Aug. 29, crypto asset manager Grayscale Investments scored a major victory against the United States Securities and Exchange Commission in its efforts to convert its over-the-counter Grayscale Bitcoin Trust (GBTC) into a listed Bitcoin exchange-traded fund (ETF). The U.S. Court of Appeals Circuit Judge Neomi Rao ordered Grayscale’s petition
Read More