Securities and Exchange Commission (SEC)

SEC Delays Grayscale Ethereum Futures Trust ETF Decision Again
Ethereum

SEC Delays Grayscale Ethereum Futures Trust ETF Decision Again

In a recent development, the Securities and Exchange Commission (SEC) has once again delayed its decision regarding the proposed Grayscale Ethereum Futures Trust exchange-traded fund (ETF), as detailed in a recent filing. In the filing¬†published on March 22, the SEC announced an extension of the deadline from March 31 to May 30 to determine whether […]

Mar. 23, 2024
SEC Delays Decision on Hashdex Ethereum ETF as Optimism Wanes
Ethereum

SEC Delays Decision on Hashdex Ethereum ETF as Optimism Wanes

The Securities and Exchange Commission (SEC) has postponed its decision to approve the Hashdex Nasdaq Ethereum (ETH) exchange-traded fund (ETF). If approved, the Hashdex ETF will hold spot Ether and futures contracts. In a notice filed on Tuesday, the SEC stated that it would extend its decision deadline to May 30, 2024. The SEC explained, […]

Mar. 20, 2024
Ethereum ETF Amendment: Grayscale Awaits Imminent Approval
Ethereum

Ethereum ETF Amendment: Grayscale Awaits Imminent Approval

Grayscale’s Chief Legal Officer, Craig Salm, has announced that the company has submitted a revised Form 19b-4 for its Ethereum Trust to the U.S. Securities and Exchange Commission (SEC). Salm considers the move a crucial step in Grayscale’s effort to upgrade ETHE to start trading on the New York Stock Exchange (NYSE) Arca. In his […]

Mar. 16, 2024
South Korea Considers Postponing Crypto Taxation for Another 2 Years
Crypto

South Korea Considers Postponing Crypto Taxation for Another 2 Years

South Korea’s ruling party, the People Power Party, is considering postponing the implementation of crypto investment income tax for another two years during the upcoming election campaign in April, according to a local media report. Aligning with the right-wing party’s “taxation after selection fee” principle for virtual assets. Under the principle, the party preserves the […]

Feb. 19, 2024
Crypto Instructor Faces SEC Charges Over $1.2M AI Hedge Fund Scam
Crypto

Crypto Instructor Faces SEC Charges Over $1.2M AI Hedge Fund Scam

A crypto trading course instructor is facing charges from the United States securities regulator. The charges allege that the instructor misled 15 students into investing $1.2 million in a hedge fund that promised to generate large profits. He reportedly took the funds but failed to launch the investment fund despite his claims to use cutting-edge […]

Feb. 3, 2024
Coinbase and CEO Gear Up ‘War Chest’ to Support Pro-Crypto Politicians
Crypto

Coinbase and CEO Gear Up ‘War Chest’ to Support Pro-Crypto Politicians

Coinbase Global Inc. chief executive officer’s resurging affluence is buoying his rising influence as Armstrong put some of his fortune to work to help fund what he calls a “war chest” to support crypto-friendly politicians as the industry remains pressured by a US government crackdown that began last year. A $1 million donation to Fairshake […]

Feb. 1, 2024
Matrixport predicts that Bitcoin will drop to the $36k level
Bitcoin

Matrixport predicts that Bitcoin will drop to the $36k level

Matrixport research predicted that Bitcoin would drop to the support level of $36,739 in a January 26 report. The report also stated that the price is expected to rebound from this support level, given the overall supportive liquidity and macro environment. Bitcoin actively seeks market momentum after securing Exchange Traded Fund (ETF) approval. Matrixport’s Forecast […]

Jan. 26, 2024
Coinbase Takes on SEC in Unprecedented Legal Showdown
Crypto

Coinbase Takes on SEC in Unprecedented Legal Showdown

Coinbase Global, a major player in the crypto exchange arena, is defiantly challenging the Securities and Exchange Commission (SEC) in a legal clash with potential ramifications for the entire crypto industry. The exchange’s Chief Legal Officer, Paul Grewal, announced the submission of their motion to dismiss the SEC’s lawsuit. This move puts the spotlight on […]

Jan. 19, 2024
Galaxy CEO Teases Exciting Developments for Bitcoin ETF
Bitcoin

Galaxy CEO Teases Exciting Developments for Bitcoin ETF

Galaxy Digital and CEO Mike Novogratz opened the new 2024 with a post on X that says, “Big Things Are Coming.” On January 10, 2024, he predicted that the USA’s Securities and Exchange Commission (SEC) would approve his message regarding questions about ETFs at the Bitcoin spot. Galaxy CEO: January 2024 SEC Decision on Bitcoin […]

Jan. 2, 2024