Tag Archives: sec

[unable to retrieve full-text content]CoinspeakerTerraform Labs Faces Trial in New York amid Civil Fraud Allegations Tied to TerraUSD Collapse The Terraform trial holds significant implications for the crypto industry.  A win for the SEC would solidify its authority to regulate cryptocurrencies deemed securities. Terraform Labs Faces Trial in New York amid Civil Fraud Allegations Tied to TerraUSD Collapse

After a decade of waiting, rejecting, and delaying at best, the United States Securities and Exchange Commission finally greenlighted nearly a dozen spot Bitcoin ETFs at the start of 2024. Their impact on BTC’s price has been undeniable as the demand for those products among traditional investors has skyrocketed. Now that there are existing exchange-traded funds tracking the performance of at least one cryptocurrency, the community speculates on whether there will be a...

[unable to retrieve full-text content]CoinspeakerAuthorities Investigate Ethereum Foundation, SEC Seeks to Classify ETH as Security According to the latest reports by Fortune, the SEC seeks to classify ETH as a security. Authorities Investigate Ethereum Foundation, SEC Seeks to Classify ETH as Security

Ethereum staking could present challenges for crypto asset manager Grayscale if the SEC greenlights fund conversion for ETHE as it did for GBTC. These are the findings of BitMEX research, which added that if the SEC does not allow staking, then there will be large outflows from the firm’s ETHE fund, larger than those from its Bitcoin ETF. “All the more reason to redeem from ETHE as soon as you can,” it advised. Staking Allowed in ETFs? Moreover, if Grayscale lowers the fee...

[unable to retrieve full-text content]CoinspeakerGenesis Fined $21 Million in SEC Settlement Over Unregistered Securities The se­ttlement with Gene­sis signifies the­ SEC's commitment to oversee­ing crypto lending platforms and safeguarding investor inte­rests. Genesis Fined $21 Million in SEC Settlement Over Unregistered Securities

[unable to retrieve full-text content]CoinspeakerBinance Quietly Concludes Binance Labs Spinoff as Part of Developments Under New CEO Binance Labs is now an independent spinoff of Binance Holdings and has no ties to the parent company other than the trademark name. Binance Quietly Concludes Binance Labs Spinoff as Part of Developments Under New CEO

[unable to retrieve full-text content]CoinspeakerUS Senators Push SEC to Pause Approval of Bitcoin ETFs, Citing Investor Safety Concerns Senators urged the commission to reassess the approval of additional cryptocurrency ETFs, citing potential risks for retail investors.  US Senators Push SEC to Pause Approval of Bitcoin ETFs, Citing Investor Safety Concerns

[unable to retrieve full-text content]CoinspeakerPatient Capital Pivots Investment from Grayscale Bitcoin Trust to Bitcoin ETPs This strategic pivot by Patient Capital Management indicates a broader investment approach, now including all exchange-traded products (ETPs), moving away from its previous exclusive focus on the Grayscale fund. Patient Capital Pivots Investment from Grayscale Bitcoin Trust to Bitcoin ETPs

Thailand’s Securities and Exchange Commission (SEC) has changed its regulations, permitting the creation of private funds that invest in spot Bitcoin exchange-traded funds (ETFs) traded on U.S. exchanges. However, this opportunity is limited to institutional investors and high-net-worth individuals. SEC Amends Spot Bitcoin ETF Rules SEC Secretary-General Pornanong Budsaratragoon disclosed that the decision was reached during last week’s board meeting. The approval grants...

[unable to retrieve full-text content]CoinspeakerGrayscale Seeks to Stem GBTC Outflows through New Mini Trust with Lower Fees Although Grayscale has not revealed the specific details of the fee structure for the new fund, analysts expect it to be significantly lower than GBTC's current fee. Grayscale Seeks to Stem GBTC Outflows through New Mini Trust with Lower Fees