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SEC to Possibly Reevaluate Grayscale Spot Bitcoin Application at November 2 Closed Meeting

Experts continue to speculate on what the SEC’s next course of action regarding crypto-based ETF applications could be. The United States Securities and Exchange Commission (SEC) appears to be gearing up to reexamine Grayscale’s application to convert its Bitcoin trust into a spot exchange-traded fund (ETF). This comes after a recent

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Coinbase’s tax chief urges IRS to reevaluate crypto tax regulations

Coinbase’s tax leader has requested the IRS to reconsider its proposed cryptocurrency tax guidelines. Coinbase, one of the prominent digital asset platforms, has openly objected to the U.S. Treasury Department’s new propositions on digital asset transaction reporting by brokers. The company’s chief concerns center around potential invasions of user privacy and

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