CoinspeakerTerraform Labs’ Do Kwon Challenges SEC’s $5.3 Billion Penalty Do Kwon's lawyers contend the court should not grant any injunctive relief or disgorgement and should impose at most a $1 million civil penalty against Terraform Labs. Terraform Labs’ Do Kwon Challenges SEC’s $5.3 Billion Penalty
Read More »Spot Ethereum ETF Applications in US Will Be Likely Rejected by SEC, Experts Say
CoinspeakerSpot Ethereum ETF Applications in US Will Be Likely Rejected by SEC, Experts Say The US SEC must decide on VanEck's and ARK's spot Ethereum ETF filings by May 23 and May 24 respectively. Spot Ethereum ETF Applications in US Will Be Likely Rejected by SEC, Experts Say
Read More »Coinbase Chief Legal Officer Calls on Congress to Pass Stablecoin Legislation
CoinspeakerCoinbase Chief Legal Officer Calls on Congress to Pass Stablecoin Legislation Despite delays from the SEC, US lawmakers have introduced two proposed bills aimed at regulating stablecoin issuers and the entire crypto market. Coinbase Chief Legal Officer Calls on Congress to Pass Stablecoin Legislation
Read More »US SEC Delays Decision on Multiple Ethereum ETFs, What’s Next?
In the recent filing, the US SEC stated that they are still considering on whether these Ethereum ETFs should be listed. The United States Securities and Exchange Commission (SEC) has announced a delay in its decision on several Ethereum (ETH) exchange-traded funds (ETFs) until May 2024. As per regulatory filings on December 18, the SEC postponed its decision on the Hashdex Nasdaq Ethereum ETF and the Grayscale Ethereum Futures ETF. The Hashdex Ether ETF shall hold both spot Ether and...
Read More »SEC to Possibly Reevaluate Grayscale Spot Bitcoin Application at November 2 Closed Meeting
Experts continue to speculate on what the SEC’s next course of action regarding crypto-based ETF applications could be. The United States Securities and Exchange Commission (SEC) appears to be gearing up to reexamine Grayscale’s application to convert its Bitcoin trust into a spot exchange-traded fund (ETF). This comes after a recent decision by the D.C. Circuit Court of Appeals to scrape the regulator’s rejection of Grayscale’s spot Bitcoin ETF application. The court described the SEC’s...
Read More »Valkyrie Amends Prospectus for Spot Bitcoin ETF Application
As of late October, the SEC is reportedly reviewing eight to ten potential spot Bitcoin spot ETF filings. Asset manager Valkyrie has recently made waves due to its decision to amend its prospectus for a spot Bitcoin (BTC) ETF filed with the US Securities and Exchange Commission (SEC). The Valkyrie Bitcoin ETF Update James Seyffart, a renowned analyst at Bloomberg, shared this development on social media platform X, shedding light on Valkyrie’s efforts to meet the SEC’s requirements for its...
Read More »Coinbase’s Crypto Futures Approval Seen as a Big Deal
CoinspeakerCoinbase’s Crypto Futures Approval Seen as a Big Deal For many in the crypto industry, this approval signifies a notable regulatory achievement for both the company and the broader crypto landscape due to the ongoing legal battle between the exchange and the US SEC. Coinbase’s Crypto Futures Approval Seen as a Big Deal
Read More »US SEC Extends Bitcoin ETF Approvals Decision to 2024
CoinspeakerUS SEC Extends Bitcoin ETF Approvals Decision to 2024 The United States Securities and Exchange Commission has announced an extension of the numerous pending Bitcoin Exchange-Traded Fund approvals decision until 2024. US SEC Extends Bitcoin ETF Approvals Decision to 2024
Read More »Gary Gensler’s War on Crypto Will Put Off Young Voters, Cameron Winklevoss Says
While some Democrats have been criticized for their regulatory stance on cryptocurrencies, it is essential to recognize that not all members of the party hold an anti-crypto position. In recent years, the world of crypto has grown in popularity, particularly among the younger population and the US Democratic Party’s stance on crypto regulations in recent times has raised concerns among influential figures in the industry. Cameron Winklevoss, the co-founder of the crypto exchange Gemini,...
Read More »Bitcoin (BTC) and Broader Crypto Market Come Crashing Down Following SEC Lawsuit on Binance
After SEC’s action on Binance, Bitcoin and the broader crypto market tanked instantly. Altcoins face heavy correction to the tune of 7-8% with Binance BNB suffering the most. The filing of the lawsuit by the US SEC against crypto giant Binance sent shockwaves across the entire cryptocurrency market on Monday, June 5. Over the last 24 hours, Bitcoin (BTC) and the broader cryptocurrency market have corrected by over 4%. As of press time, the Bitcoin (BTC) price is down by 4% and is...
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