SEC

Crypto asset manager Grayscale held a meeting with the Securities and Exchange Commission (SEC) regarding the conversion of its flagship fund – the Grayscale Bitcoin Trust (GBTC) – into a spot Bitcoin exchange-traded fund (ETF). A Nov. 20 SEC memo disclosed Grayscale CEO Michael Sonnenshein, ETF head Dave LaValle, legal chief Craig Salm, and four […]

The United States Securities and Exchange Commission (SEC) has filed a complaint against Kraken, accusing the cryptocurrency platform of being an unlisted exchange, broker, dealer, and clearing agency. The SEC alleges that Kraken has unlawfully enabled cryptocurrency transactions since 2018. Kraken, in response, expressed disagreement with the SEC’s claims, asserting its intention to defend itself […]

PayPal Holdings, a global payments firm expanding into the crypto space, received a subpoena from the United States Securities and Exchange Commission (SEC) regarding its US dollar stablecoin PayPal USD (PYUSD), the company disclosed on Nov. 2 in its Q3 financial report with the SEC. PayPal noted: “On November 1, 2023, we received a subpoena […]

Bitcoin has returned to attention due to a surprising comeback. Digital asse­t investments saw an impressive­ increase of $326 million within seve­n days. This extraordinary boost, the biggest since­ July 2022, mirrors heightened positivity from inve­stors. Much of this optimism is heavily influenced by ide­as that the US Securities and Exchange­ Commission (SEC) is close […]

Valkyrie Investments, a digital asset manager, has filed an updated prospectus for the spot Bitcoin exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC) on Oct. 30, according to the regulator’s database. The revised form S-1 registration statement for the Valkyrie Bitcoin Fund aims to provide investors an opportunity to invest in BTC-backed […]

Bitcoin has once again surged to a staggering $35,000, triggering a wave of renewed optimism among investors and market enthusiasts. The latest data from Santiment reveals that Bitcoin has clawed its way to a new 17-month high, marking a significant milestone for the cryptocurrency. 🥳 #Bitcoin scratched its way to a new 17-month high again today. […]

Crypto lawyers predict the Ripple vs. SEC legal fight will escalate, not end, per analysis. Lawyer Bill Morgan, known for his insightful pe­rspective on the case­, took to Twitter to review the­ remedies phase roadmap outlined in recent court filings. His analysis fore­sees a fierce­ battle looming ahead betwe­en the involved partie­s. It will heat […]

In a bold prediction, Mike Novogratz, the CEO and founder of Galaxy Digital, anticipates that the United States Securities and Exchange Commission (SEC) will approve a spot Bitcoin exchange-traded fund (ETF) within the year. Novogratz’s optimism stems from the changing tide in the SEC’s stance towards crypto ETFs. During an interview on CNBC Market Alert, […]

Prominent figures in the Bitcoin community emphasize Bitcoin’s core value proposition. Modern adopters join this journey towards widespread acceptance. Furthermore, Edward Snowden’s gripping words re­sonated with the audience­ as he painted a vivid picture of our struggle­ to navigate through the narrow passageway of tyranny. Moreover, At BTC Amsterdam’s Genesis Stage Hall, he stressed cryptocurrency’s […]