Tag Archives: sec

CoinspeakerSEC Delays Decision on Cboe Options Trading for Bitcoin ETFs The SEC has pushed making a decision on an application from the Cboe seeking to trade Bitcoin ETF Options. The agency will decide by April. SEC Delays Decision on Cboe Options Trading for Bitcoin ETFs

CoinspeakerBlackRock Pursues SEC’s Nod to Add Bitcoin ETFs to Its Global Allocation Fund BlackRock's existing spot BTC ETF stands out as the top-performing option in the market, contributing to the surge in demand for Bitcoin ETFs. BlackRock Pursues SEC’s Nod to Add Bitcoin ETFs to Its Global Allocation Fund

Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), still won’t give a straight answer on whether Ethereum (ETH) legally classifies as a security. During a Thursday interview with Bloomberg, the chairman was asked to clear the regulatory fog surrounding the second-largest cryptocurrency, given that Ethereum spot ETF applications are now piling up on his agency’s desk. Why Won’t Gensler Answer? Gensler’s response was, as usual, vague – and re-directed...

CoinspeakerBrave Browser Embraces Bitcoin (BTC), Enabling Seamless Crypto Integration for Users The latest desktop version (1.63) of Brave Wallet introduces Native SegWit Bitcoin accounts, a cutting-edge feature that offers users lower transaction fees and enhanced error detection capabilities. Brave Browser Embraces Bitcoin (BTC), Enabling Seamless Crypto Integration for Users

CoinspeakerRobert Kiyosaki Predicts $300K for Bitcoin This Year Bitcoin's resurgence has also been fueled by increasing adoption on a global scale. Robert Kiyosaki Predicts $300K for Bitcoin This Year

According to Fortune, Binance.US is facing significant challenges, including forced layoffs and a decline in revenue, following legal actions initiated by the U.S. Securities and Exchange Commission (SEC). In newly released court documents, Binance.US Chief Operating Officer Christopher Blodgett disclosed that the company has been compelled to terminate over 200 employees, amounting to two-thirds of its workforce, since June. Forced Layoffs and Revenue Plunge This downsizing...

In a recent filing, the U.S. Securities and Exchange Commission (SEC) has urged the Delaware bankruptcy court to reject Terraform Labs’ proposal to retain Dentons U.S. LLC as its special counsel. The SEC has raised concerns about the amount paid to Dentons, describing it as “suspicious.” SEC Raises Concerns Over TFL’s $166M Transfer The SEC noted that Terraform Labs transferred $166 million to the Dentons Advance Payment Retainer. Out of this total, $122 million was moved...

The Chamber of Digital Commerce (CDC) has filed an amicus curiae to defend Kraken in a lawsuit the U.S. Securities and Exchange Commission (SEC) initiated in 2023. Notably, the CDC supported the crypto exchange’s motion to dismiss the lawsuit in its latest filing. Chamber of Digital Commerce Argues for Kraken In a February 27 filing, the Chamber explained that the amicus brief aims to address and counter the SEC’s current approach to digital asset industry regulation. 1/...

TL;DR The lawsuit between Ripple and the SEC is approaching a crucial trial in April 2023, with potential long-term impacts on the cryptocurrency sector and possibilities of extended legal battles through appeals. Ripple has gained key partial legal victories, but the final outcome and its implications are still uncertain. Could We See the Conclusion This Year? The lawsuit between Ripple and the United States Securities and Exchange Commission has been among the trendiest...

Major cryptocurrency exchange Kraken is seeking to dismiss the lawsuit filed by the US Securities and Exchange Commission (SEC), arguing that the Commission was overstepping the boundaries of its regulatory authority. The SEC sued Kraken in November 2023, alleging that the crypto exchange co-mingled customer funds and listed assets deemed as securities on its platform. Kraken Fights Back Kraken filed a motion on Feb. 22, 2024, in the U.S. District Court Northern District of...