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SEC rejects application for Fidelity’s Wise Origin Bitcoin Trust spot ETF

The United States Securities and Exchange Commission has disapproved asset manager Fidelity’s Wise Origin Bitcoin Trust spot exchange-traded fund (ETF) application.According to a Thursday filing, the SEC rejected a proposed rule change from the Cboe BZX Exchange to list and trade shares of Fidelity’s Wise Origin Bitcoin (BTC) Trust. The

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Chinese Government Rejects Metaverse Trademark Applications: Report

China's government has begun rejecting trademark applications related to metaverse projects, according to numerous local media reports.Trademark applications containing yuan yuzhou - Mandarin for metaverse - have been denied registration by the National Intellectual Property Administration, the South China Morning Post (SCMP) reported Monday citing data from business and trademark

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SEC rejects MicroStrategy’s Bitcoin accounting practices: report

Business intelligence firm MicroStrategy reportedly acted contrary to the Securities and Exchange Commission’s accounting practices for its crypto purchases.According to a Bloomberg report, a comment letter from the SEC released Thursday showed the regulatory body objected to MicroStrategy reporting information related to its Bitcoin (BTC) purchases based on non-GAAP, or

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SEC rejects Skybridge’s application for spot Bitcoin ETF

The United States Securities and Exchange Commission, or SEC, has officially disapproved the application for First Trust SkyBridge’s spot Bitcoin exchange-traded fund after several deferments.In a Thursday filing, the SEC rejected a proposed rule change from the New York Stock Exchange, or NYSE, Arca to list and trade shares of

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SEC Rejects First Trust SkyBridge's Spot Bitcoin ETF Proposal

The U.S. Securities and Exchange Commission (SEC) has rejected the proposal to list a spot bitcoin exchange-traded fund (ETF) by investment advisory firm First Trust and hedge fund SkyBridge Capital.The SEC's decision comes around four weeks after it rejected investment firm Kryptoin's proposal to list a spot bitcoin ETF. The

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Beijing court rejects monetary compensation in Bitcoin mining contract plea

A district court in Beijing has rejected monetary compensation in a Bitcoin (BTC) mining contract plea against a blockchain company.The Chaoyang District People’s Court on Wednesday deemed the Bitcoin mining contract between the plaintiff and the blockchain firm “invalid,” the South China Morning Post reported on Dec. 16. The plaintiff

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Bank of Russia Rejects Provision of Crypto-Related Financial Services – Finance Bitcoin News

Russia’s central bank has voiced opposition to the provision of financial services related to cryptocurrencies. The monetary authority believes such offerings would go against the interests of Russian investors as they are highly risky. Central Bank of Russia Unwilling to Allow Financial Services for Crypto Assets The Central Bank of Russia

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SEC rejects WisdomTree’s application for spot Bitcoin ETF

The United States Securities and Exchange Commission, or SEC, has officially disapproved asset manager WisdomTree’s spot Bitcoin (BTC) exchange-traded fund (ETF) after deferring on a decision several times this year.According to a Wednesday filing, the SEC rejected a proposed rule change from the Cboe BZX Exchange to list and trade

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