Tag Archives: sec

CoinspeakerBlackRock Edges Closer to Bitcoin ETF Launch, Here’s What It Means for Wall Street BlackRock is set to become the first asset manager to launch a fund that tracks the price of Bitcoin. BlackRock Edges Closer to Bitcoin ETF Launch, Here’s What It Means for Wall Street

CoinspeakerCoinbase (COIN) Stock Soars over 50% amidst SEC Lawsuit Turmoil While Coinbase executives have engaged in pre-planned and periodic stock sales, other major COIN holders have chosen a different approach. Coinbase (COIN) Stock Soars over 50% amidst SEC Lawsuit Turmoil

John Deaton, a pro-Ripple lawyer representing thousands of XRP holders, believes the United States Securities and Exchange Commission (SEC) strategically capitalized on Ripple’s commitment to transparency and used it to target the company and its CEO, Brad Garlinghouse. The attorney shared his thoughts in response to a Twitter post by Delphi Labs’ general counsel Gabriel Shapiro about the use of Know Your Customer (KYC) systems in the crypto space. KYC for Large Crypto...

The United States Securities and Exchange Commission has issued a response to Coinbase’s recent filing, in which it claims that the exchange made a “calculated decision” to act as an unregistered securities intermediary. The company filed to dismiss the SEC’s charges back in June. The agency launched a full-on legal operation against two of the behemoths of the crypto industry in early June when it filed consecutive lawsuits against Binance (and its US affiliate) as well as...

John Deaton, crypto lawyer and legal representative of XRP holders in the lawsuit between Ripple and the U.S. Securities and Exchange Commission (SEC), has disclosed that a recent class action brought against the company would most likely be made void if the firm wins the case. In a recent tweet, Deaton said the class action was the least of Ripple’s worries. Ripple’s Win in SEC Case to Nullify Class Action The class action in question was granted certification by Judge...

CoinspeakerJPMorgan: Bitcoin ETF Approval by SEC Won’t Revolutionize Crypto The report acknowledges that physically-backed Bitcoin ETFs offer certain advantages over futures-based funds. JPMorgan: Bitcoin ETF Approval by SEC Won’t Revolutionize Crypto

CoinspeakerCoinbase Shares Dip despite Bullish Start to This Week At the beginning of the week, Coinbase generated significant buzz with its announcement of potential collaborations with several asset managers. Coinbase Shares Dip despite Bullish Start to This Week

CoinspeakerBitcoin Hits New 2023 High Not Seen in 13 Months The price of Bitcoin could continue its way upwards as the SEC mulls spot ETF applications, leading to a new 2023 high for the king coin. Bitcoin Hits New 2023 High Not Seen in 13 Months

CoinspeakerBlackRock CEO Larry Fink Says Bitcoin Has Potential to Revolutionize Finance Fink believes that a spot Bitcoin ETF has the potential to be as revolutionary for the financial sector in general as traditional ETFs were for the mutual fund industry. BlackRock CEO Larry Fink Says Bitcoin Has Potential to Revolutionize Finance

The prominent American businessman, TV personality, investor, and owner of the Dallas Mavericks – Mark Cuban – lambasted the US Securities and Exchange Commission (SEC) for choosing “the wrong path” to regulate crypto.  He believes its approach has been one reason why FTX investors in America have parted with substantial sums. On the other hand, he praised the actions of the Japanese regulators, outlining that “no one in FTX Japan lost money.” Cuban Goes on the Offensive...