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SEC reportedly wont appeal court decision on Grayscale Bitcoin ETF

The U.S. Securities and Exchange Commission reportedly has no plans to appeal the recent court decision that favored Grayscale Investments. The ruling requires the SEC to review the firm’s spot Bitcoin (BTC) exchange-traded fund application. Benzinga (and others) reporting that Reuters is reporting that the SEC will NOT be appealing

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SEC Reportedly Won’t Appeal Loss in GBTC Case, Boosting Odds It Can Turn Into an ETF

In August, the D.C. Circuit Court of Appeals ruled that the SEC’s denial of Grayscale Investment’s application to convert the Grayscale Bitcoin Trust (GBTC) into an ETF was invalid and must be reviewed, calling it an "arbitrary and capricious" rejection. The court said that federal agencies are required to “treat

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Bitcoin price gets new $25K target as SEC decision day boosts GBTC

Bitcoin (BTC) ranged around the key $26,800 mark for a second day on Oct. 13 with a decision due in United States regulators’ battle with crypto investment giant Grayscale.BTC/USD 1-hour chart. Source: TradingViewBitcoin lurks between major liquidity cloudsData from Cointelegraph Markets Pro and TradingView confirmed BTC price barely changed from

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What happens if SEC doesn’t appeal Grayscale spot Bitcoin ETF ruling?

The United States Securities and Exchange Commission will soon reach its deadline to appeal the court decision that ruled in favor of Grayscale Investments, forcing the regulator to review the fund manager’s application for a spot Bitcoin (BTC) fund.While many observers don’t believe the securities regulator will attempt to appeal

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House committee chairman threatens SEC chair with subpoena, but not over crypto

James Comer, chair of the United States House of Representatives Oversight and Accountability Committee, has threatened Securities and Exchange Commission (SEC) chair Gary Gensler with a subpoena. He wrote in the letter dated Oct. 12, that the committee will have “no choice” but to use compulsory measures to obtain documents

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Circle admitted by judge as amicus curiae in SEC vs Binance lawsuit: Report

A senior judge in the Columbian district court has reportedly signed multiple orders to clear pending motions in the ongoing lawsuit filed by the United States Securities and Exchange Commission against the crypto exchange Binance ahead of the crucial hearing.Among the key orders, the judge cleared an amicus brief filed

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