CoinspeakerA Political Initiative from Coinbase Features US Lawmaker with Ethics Violation Rep. David Schweikert, listed as a lawmaker with "very supportive" views on crypto in the United States, reached a settlement requiring him to pay $175,000 in connection to breaches of House ethics regulations. A Political Initiative from Coinbase Features US Lawmaker with Ethics Violation
Read More »Binance Requests Protective Order, Accuses SEC of Conducting ‘Fishing Expedition’
Binance filed a motion requesting a protective order against the US Securities and Exchange Commission (SEC), claiming the regulator is conducting a “fishing expedition” instead of seeking the narrow and “limited” discovery authorized by the Consent Order to ensure the security and availability of customer assets. The motion asserts that Binance has already provided the SEC with the necessary information. Binance Sees Protective Order Against SEC According to the filing,...
Read More »Jacobi Asset Management Makes History with Europe’s First Bitcoin ETF Listing
CoinspeakerJacobi Asset Management Makes History with Europe’s First Bitcoin ETF Listing The Jacobi FT Wilshere Bitcoin ETF listing marks a significant achievement for the firm and the broader European crypto investment landscape. Jacobi Asset Management Makes History with Europe’s First Bitcoin ETF Listing
Read More »Court Verdict on Grayscale Bitcoin Spot ETF Expected by End of This Week
CoinspeakerCourt Verdict on Grayscale Bitcoin Spot ETF Expected by End of This Week Aside from the Grayscale Bitcoin Spot ETF, the SEC is also reviewing other Bitcoin ETF proposals. Court Verdict on Grayscale Bitcoin Spot ETF Expected by End of This Week
Read More »Binance Counters SEC’s Discovery Requests by Seeking Protective Order
CoinspeakerBinance Counters SEC’s Discovery Requests by Seeking Protective Order SEC's requests have not been limited to the discovery of Binance's custody, security and availability of customer assets alone. Binance Counters SEC’s Discovery Requests by Seeking Protective Order
Read More »SEC Sends BlackRock BTC ETF Application Back for Revisions
The price of bitcoin fell as much as five percent at the end of June and briefly dipped below $30K (where it had been for the past few weeks) before rebounding. The reason? The Securities and Exchange Commission (SEC) decided to pass up on the present versions of the BlackRock and Fidelity bitcoin-based exchange-traded fund (ETF) applications. The SEC is Again Disapproving a Bitcoin ETF The news might seem rough at first, though there’s still room to get things...
Read More »SEC Delays Approval Of Ark’s Revised Bitcoin ETF For Public Comment
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...
Read More »Embattled Crypto Exchange to Pay a $24 Million Penalty to Settle With SEC (Report)
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...
Read More »Kraken Dethroned Coinbase as Most Liquid US Exchange for Altcoins in July: Data
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...
Read More »Binance Pursues Regulatory Approval in Taiwan via AML Registration
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
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