Cryptocurrency Analysis and News Portal
During a Sep. 27 hearing, policymakers hammered Gary Gensler over the Security and Exchange Commission’s (SEC) non-compliance with requests for documents including records related to bankrupt crypto exchange FTX and its founder Sam Bankman-Fried. Rep. Patrick McHenry voiced skepticism regarding Gensler’s commitment to remedying bipartisan legislative concerns and protecting investors, noting
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The cryptocurrency sector, particularly Ripple Labs, has been embroiled in a scenario of concern and uncertainty following a contentious exchange between the
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The United States Securities and Exchange Commission (SEC) has delayed reaching a decision on whether to approve or disapprove of spot Ether (ETH) exchange-traded fund applications from ARK 21Shares and VanEck.In separate notices filed Sept. 27, the SEC said it would designate a longer period on whether to approve or
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The SEC has a maximum of 240 days to approve or deny an ETF from the date the filing appears in the Federal Register, which would place a decision date for these proposed funds in late May 2024, with several interim deadlines where it can ask for additional public feedback
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Rep. Patrick McHenry, who chairs the United States House Financial Services Committee, has suggested that he may try to subpoena the Securities and Exchange Commission (SEC) over documents related to former FTX CEO Sam Bankman-Fried, or SBF.In a Sept. 27 hearing on oversight of the commission, McHenry claimed chair SEC
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Lawmakers in the United States have finally put their foot down and demanded that the US SEC Chairman approve Grayscale’s spot Bitcoin
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The SEC has now postponed decisions on several spot BTC ETF applications, including ARK 21Shares, Valkyrie, WisdomTree, VanEck, and Bitwise. The United States Securities and Exchange Commission (SEC) has officially delayed making a decision on a spot Bitcoin exchange-traded fund (ETF) proposal from ARK 21Shares. The Commission seems to be exploiting
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These deadlines were expected, as the SEC has traditionally taken the full 240 days to make a final decision. However, the threat of a looming shutdown seems to have pushed its interim decision up to Tuesday. Normally, the SEC waits until a few days prior to the deadline. In 2019,
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Four members of the United States Congress are requesting Securities and Exchange Commission (SEC) chair Gary Gensler “immediately” approve the listing of spot Bitcoin (BTC) exchange-traded funds, or ETFs.In a Sept. 26 letter to Gensler, U.S. Representatives Mike Flood, Wiley Nickel, Tom Emmer and Ritchie Torres claimed the SEC was
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“The investing public is investing anticipating a return, anticipating something on these tokens, whether they're proof-of-stake (PoS) tokens, where they're also looking to get returns on those proof-of-stake tokens and getting 2%, 4%, 18% returns. Whatever they're promoting and putting into a protocol, and locking up their tokens in a
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