SEC

Franklin Templeton, a renowned asset manager with $1.5 trillion in assets, has become the latest firm to apply for a spot Ethereum exchange-traded fund (ETF) in the United States. On Feb. 12, the asset manager submitted the S-1 filing to the Securities and Exchange Commission (SEC) four weeks after the company’s Bitcoin (BTC) ETF launch. […]

The Securities and Exchange Commission (SEC) recently issued new laws for market players with major liquidity-providing responsibilities, broadening its authority to include bitcoin transactions. According to these restrictions, persons dealing in crypto assets, securities, or government securities with more than $50 million holdings must follow federal securities laws. One of the main provisions of the […]

Terraform Labs, the developer behind the Terra blockchain ecosystem, said its recent Chapter 11 bankruptcy filing will enable it to pursue a “do-or-die” appeal in a securities fraud case brought by the United States Securities and Exchange Commission (SEC). In a Jan. 30 filing to a Delaware Bankruptcy Court, Terraform Labs CEO Chris Amani highlighted […]

Coinbase’s share price has had ups and downs lately because of a court case with the SEC. The SEC says Coinbase broke investment rules about listing new things to buy. Analyst Owen Lau from Oppenheimer Bank thinks the unclear court case may keep causing Coinbase’s share price to change significantly. In an interview with Yahoo […]

U.S. Securities and Exchange Commission (SEC) and Binance continue to clash over evidence production and witness depositions in the regulator’s lawsuit against the leading cryptocurrency exchange. According to a joint status report submitted on Jan. 25, the regulator claims that BAM Trading Services Inc., the parent corporation of Binance.US, has not fully complied with its […]

The United States securities regulator has postponed its decision on BlackRock’s proposed spot Ethereum (ETH) exchange-traded fund (ETF) one day before its deadline. This delay is attributed to the necessity for additional time to review the proposed rule change. “A longer period is appropriate because the proposed rule change raises novel questions of law and […]

Binance faced the SEC in Washington, DC, for a four-hour hearing on Monday. The exchange sought to dismiss charges made against it, its US sector, and former CEO Changpeng Zhao last summer. The US Securities and Exchange Commission again seeks a federal judge to support its claim to regulate the cryptocurrency industry. Judge’s Controversy & […]

Do Kwon’s Terraform Labs, the company behind the now-defunct stablecoin TerraUSD (UST), has filed for bankruptcy protection in the United States. This is even as the company stays as the out-of-circulation stablecoin – TerraUSD (UST) issuer. On January 21, the firm filed a Chapter 11 bankruptcy petition in the United States Bankruptcy Court for the […]

Nasdaq and Cboe submitted 19b-4 filings with the United States Securities and Exchange Commission (SEC) to amend listing rules, seeking approval to trade options on Bitcoin (BTC) exchange-traded funds (ETFs). The SEC acknowledged these proposals on Jan. 19, marking a significant step toward expanding the crypto investment landscape. Nasdaq applied for a rule change to […]