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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The SEC has initiated the acknowledgment process for spot bitcoin ETF applications. This sets the stage for the potential acceptance of the first such funds in the United States. The SEC has begun acknowledging these spot bitcoin
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The United States Securities and Exchange Commission (SEC) has accepted https://www.sec.gov/rules/sro/nasdaq.htm application for a spot Bitcoin (BTC) exchange-traded fund (ETF) following its acknowledgment of a similar application by Bitwise the day before.The SEC’s acknowledgment indicates the commencement of the official review process for BlackRock's ETF proposal. While it is an
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The U.S. Securities and Exchange Commission (SEC) has argued in court that approving a firm's S-1 application to go public, does not represent a “blessing” from the agency, nor provide a verification that the business is regulatory compliant. In the interest of transparency, here is the transcript from our hearing
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The U.S. Securities and Exchange Commission has formally acknowledged the spot bitcoin ETF application from San Francisco’s Bitwise Asset Management, underscoring the escalating institutional engagement in cryptocurrency investments. The U.S. SEC has given official recognition to Bitwise
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In every major litigation, there comes a moment when you realize it’s time to settle. A ruling doesn’t go your way, a juror gives your legal team the side eye, the judge makes it clear it’s time for a settlement conference. After Judge Analisa Torres’ decision in SEC v. Ripple,
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Gensler’s tough cop routine, which to some extent is precisely the point of this crusade against crypto, cannot be abandoned. That would signal weakness, and weakness is political death. The more likely play of a masterful political operator, which the chair undoubtedly is, is to double down on enforcement and,
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Coinbase and Binance have a new precedent to cite in court – if the decision survives potential appeal. That’s no sure thing, lawyers said. Original Source
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That in turn could have implications for a suite of cases which the SEC has taken against Coinbase (COIN), Binance and Bittrex, arguing that they should have registered because tokens traded on those platforms, such as solana (SOL), polygon (MATIC) and cardano (ADA), fall under its purview. Original Source
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Rep. Torres (D-N.Y.) requested investigations into the SEC granting a special purpose broker-dealer (SPBD) licence to Prometheum, "a trading digital assets platform that does not trade digital assets," under unusual circumstances, and for its failure to create a rigorous but workable process for registering real-world digital assets platforms. Original Source
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Ripple (XRP) has now become the fourth largest cryptocurrency by market capitalization after Ripple Labs’ partial victory over the Securities and Exchange Commission (SEC) on July 13. Mere hours after the ruling, XRP market cap surged a whopping $21.2 billion to reach a new yearly high of $46.1 billion, pushing it up
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