The US Securities and Exchange Commission (SEC) is now seriously and closely looking at the crypto space following the recent surge of applications from asset managers aiming to launch the first-ever US Exchange-Traded Fund (ETF) that directly invests in Bitcoin. The SEC has expressed concerns over the lack of clarity in these applications and has […]
Mumbai, Tuesday, April 16, 2024 – Asset management firm Bitwise had reportedly filed for a spot Ethereum ETF from the SEC in the US on March 28. This follows favorable past records of Bitcoin funds along with the recent approvals of spot Bitcoin ETFs. The application of Bitwise has been made, while several ETH ETF […]
New York, Monday, March 25, 2025 – A federal Appeals Court has temporarily halted the Securities and Exchange Commission’s (SEC) new rules requiring public companies to disclose climate-related risks. The US Court of Appeals for the Fifth Circuit granted an administrative stay on March 15, 2024, while legal challenges to the rules proceed. The 5th […]
New York, NY, Monday, February 19, 2024 – Prominent investment firm Franklin Templeton filed an application with the Securities and Exchange Commission (SEC) for the “Franklin Ethereum Trust.” This move follows the recent approval of Bitcoin spot ETFs in the US. Franklin Templeton , manages over $1.4 trillion in assets If approved, the “Franklin Ethereum […]
Washington, Thursday, September 07: In a recent development, a three-member panel from the United States Court of Appeals for the District of Columbia Circuit delivered a verdict on Tuesday, September 5th, asserting that the Securities and Exchange Commission (SEC) had erred in its decision to deny Grayscale Investments’ request for the listing of an Exchange-Traded […]
New York, Thursday, December 7– SBI Holdings of Japan and Saudi Aramco of Saudi Arabia, announced significant investments in Ripple Labs, the blockchain technology company best known for its payment protocol, RippleNet. The move is seen as a major validation for Ripple and its ambitions to revolutionize cross-border payments and asset transfers. However, the details […]
Salt Lake City, Utah – December 22, 2023 – The Securities and Exchange Commission (SEC) admitted to misrepresenting facts in a crypto case and apologized to a Federal Judge recently when it sought a restraining order and asset freeze against Digital Licensing Inc. (DEBT Box) in July. The SEC then alleged a $50 million investor […]
SAN FRANCISCO Tuesday, April 16, 2024- The US Securities and Exchange Commission (SEC) partially won its legal battle against cryptocurrency exchange Coinbase on Tuesday, April 9, 2024. A federal judge rejected Coinbase’s motion to dismiss the lawsuit, which alleges that the platform’s staking program involves the unregistered offer and sale of securities. This decision allows […]
New York, NY, Monday, February 12, 2024 –The US Securities and Exchange Commission (SEC) on Tuesday, February 6, 2024, announced changes in rules seen as having potentially significant implications for cryptocurrency and decentralized finance (DeFi) markets. The new rules mandate increased registration, participation in a self-regulatory organization, and adherence to federal securities laws and regulations […]
New York, NY Monday, February 26, 2024 – Popular XRP community member Ashley Prosper addressed misconceptions surrounding the ongoing lawsuit between the SEC and Ripple in a recent statement. Prosper clarified that the public will not see Ripple’s financial records until March 13, when the SEC files its remedies brief, despite the February 20 deadline […]