Tag Archives: sec

The Securities and Exchange Commission (SEC) has filed to postpone its decision on whether to approve or deny the Ark 21Shares Bitcoin ETF for listing on BZX. This marks the agency’s first delay on the latest wave of Bitcoin spot ETF applications, possibly indicating a similar short-term fate for rival applicants. Questions For the Public In its Friday letter, the SEC said it seeks public comment on BZX’s application, which would list the very first Bitcoin spot ETF on a...

The once-prominent cryptocurrency exchange Bittrex has reportedly agreed to pay $24 million in penalties to resolve its quarrel with the United States Securities and Exchange Commission (SEC). The agency has previously accused the platform of offering services to American clients without obtaining the necessary registration. The exchange shuttered its US operations and filed for bankruptcy protection shortly after the regulator targeted it. As reported by Bloomberg, Bittrex...

Cryptocurrency trading platform Kraken dethroned its rival Coinbase to become the most liquid United States exchange for altcoins in July. According to a tweet by Dessislava Laneva, a research analyst at crypto data platform Kaiko, by the end of July, Kraken had claimed 47% of the market depth in the US for the top 10 altcoins. Kraken Claims Largest U.S. Market Depth for Altcoins As of January 2023, Kraken had only a 39% share of the market depth of altcoins, while Coinbase...

CoinspeakerBinance Pursues Regulatory Approval in Taiwan via AML Registration Binance is expanding its presence in Asia. The reports about its potential entrance into Taiwan come after the company re-entered the Japanese market last year. Binance Pursues Regulatory Approval in Taiwan via AML Registration

Gemini confirmed it now accepts XRP deposits after days of speculation driven by a cryptic post on its verified X account. The post, a thinking face emoji, was made in response to a question by crypto journalist David Gokhstein, who wondered whether Gemini would relist XRP. In its announcement, Gemini clarified that it would initially only accept XRP deposits, but it is working on enabling XRP-related trading pairs in the coming days. The exchange also asked its users to...

Rob Nelson – the anchor of Roundtable – recently hosted a discussion about the impacts of global offshore blockchain companies. Is Blockchain Underused in America? The discussion primarily centered on the technology itself and on what countries stand to lose if they allow the competition regarding blockchain to become too fierce from other nations. In his opening remarks, Nelson said: Blockchain technology is so transformative. If we lose it, it’s like we’re...

Could a crypto world exist without Binance? Many analysts and traders are weighing in on this subject given the world’s largest digital currency exchange is facing a huge lawsuit from the Securities and Exchange Commission (SEC). Could Binance Come to an End? Not long ago, the SEC filed charges against Binance and claimed the company had broken securities laws for many years. It also said Binance had commingled company funds with those of customers. The exchange...

CoinspeakerUS SEC Could Dismiss Coinbase Motion Similar to Terraform Labs The SEC's handling of the Green United case offers insights into its potential approach to Coinbase's motion to dismiss, emphasizing the significance of the "major questions doctrine" in cryptocurrency lawsuits. US SEC Could Dismiss Coinbase Motion Similar to Terraform Labs

Cathie Wood – CEO of ARK Investment Management – believes the United States Securities and Exchange Commission (SEC) could greenlight more than one spot BTC ETF simultaneously. ARK Invest’s analyst Yassine Elmandjra had quite a different opinion at the end of June, forecasting that the organization (which has also applied with the securities regulator to introduce such a financial product) is the first in line to receive approval. It’s Either None or Many of Them at Once Ark...

CoinspeakerRipple-backed XRP Price Struggles to Rally towards $1 despite Regulatory Clarity The XRP market is heavily bolstered by the adoption of Ripple payment products including On-Demand Liquidity (ODL) and RipppeNet. Ripple-backed XRP Price Struggles to Rally towards $1 despite Regulatory Clarity