SEC

Federal Judge Amy Berman Jackson has ordered a court review to assess whether digital assets, especially those linked to Binance, should be classified as securities. This move suggests a significant legal examination of the regulatory status of such assets within the financial framework. The recent development in the case between the US Securities and Exchange […]

Bitcoin’s famed economist and outspoken cryptocurrency critic, Peter Schiff, has expressed a significant warning about its future path. Through several recent social media posts, Schiff conveyed his concerns about potential regulatory changes that could profoundly affect the cost and functionality of Bitcoin transactions. His emphasis is specifically on the regulatory direction led by Securities and […]

Prominent crypto critic and economist Peter Schiff has cautioned against the approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States, suggesting it could lead to a catastrophic impact on the price of BTC. In a tweet on X (formerly Twitter), Schiff said the promise of a US-listed spot Bitcoin ETF has […]

Celsius approved the “MiningCo Transaction” in the Chapter 11 bankruptcy proceedings when Chief Judge Martin Glenn of the United States Bankruptcy Court for the Southern District of New York gave the green light on December 27. This order is a pivotal step forward, as all objections to the proposal were dismissed. The court’s decision enables […]

United States-approved spot Bitcoin exchange-traded funds (ETFs) could eclipse the entire cryptocurrency exchange-traded product (ETP) market. According to new data from BitMEX research, the existing global market for crypto ETPs includes about 150 products totaling $50.3 billion in assets under management. The list includes spot and futures funds that typically track the performance of leading […]

Applicants for a spot Bitcoin exchange-traded fund (ETF) have just a few days to make final changes to their filings to meet a looming deadline set by the US Securities and Exchange Commission (SEC).  The regulator has set a deadline for spot BTC ETF applicants to file final S-1 amendments by December. 29, Reuters reported […]

Ripple legal chief officer Stuart Alderoty disclosed the settlement offer from the US Securities and Exchange Commission (SEC) prior to the lawsuit the agency filed against the blockchain-powered payment company. On Dec. 22, 2020, the SEC accused Ripple’s co-founder, Christian Larsen, and CEO, Bradley Garlinghouse, of offering and selling XRP as an unregistered security. The […]

The United States Securities and Exchange Commission (SEC) has postponed its decisions on several proposed Ethereum-focused exchange-traded funds (ETFs).  The SEC said on Monday it was “instituting proceedings” for the Grayscale Ethereum Futures Trust and the Hashdex Nasdaq Ethereum ETF. The regulator has called for comments regarding these ETFs to gauge public sentiment and acquire […]

Ripple chief legal officer Stuart Alderoty has provided insights into what the crypto sector might look like in the next year. He discussed predictions regarding Ripple’s lawsuit against the United States Securities and Exchange Commission (SEC), the court’s impact on cryptocurrency laws, and possible legislative challenges in the US Congress. #2024Predictions — It’s that time […]