The cryptocurrency sector, with a focus on Ripple Labs, finds itself trapped in a landscape of apprehension and unpredictability subsequent to a heated exchange between Gary Gensler, Chair of the US Securities and Exchange Commission (SEC), and the House Financial…
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Bitwise’s Latest Bitcoin ETF Filing Challenges SEC’s Stance on Academic Literature
In the world of cryptocurrency, the pursuit of a spot Bitcoin Exchange-Traded Fund (ETF) has been a long-standing endeavor. The latest development in this ongoing saga involves crypto asset manager Bitwise and its amended filing with the Securities and Exchange…
SEC’s Gensler Throws More Crypto Punches in Congressional Hearing
SEC Chair Gary Gensler’s recent appearance before the House Financial Services Committee sparked intrigue and concern within the cryptocurrency community. The testimony’s central focus was the Securities and Exchange Commission’s (SEC) puzzling position regarding spot bitcoin ETFs. Despite persistent inquiries,…
SEC Postpones ARK 21Shares Bitcoin ETF Decision to Next Year
In a recent development that has captured the attention of the cryptocurrency market, the Securities and Exchange Commission (SEC) has decided to postpone its decision on the proposed ARK 21Shares Bitcoin ETF. This delay has significant implications for investors and…
Ripple says it will fight the SEC lawsuit ‘all the way through’
During an interview with CNBC, Monica Long, Ripple’s president, affirmed that Ripple intends to battle the ongoing SEC lawsuit relentlessly. A Prolonged Battle: Three Years of the SEC Lawsuit This lawsuit between Ripple and the SEC has endured for nearly…
The SEC’s troubled relationship with Coinbase demonstrates fear of the $1 trillion crypto market
The SEC’s paradoxical ties with Coinbase indicate its fears around a crypto market now valued at more than $1 trillion. This cryptocurrency landscape is evolving rapidly, and its complex relationship with government agencies, particularly the U.S. government, warrants a closer…
Selling Unregistered Securities: SEC Charges Mila Kunis’ Stoner Cats NFT Project
Pic Credit- vanityfair The creator of the popular animated series Stoner Cats ran into problems with the regulatory body. The body asserted that the developer was selling Cryptoasset securities in the form of NFTs, which are similar to unique digital…
Grayscale Scores Big Win Against the SEC
In October 2021, Grayscale filed for an application to convert its Grayscale Bitcoin Trust into an ETF. However, the Securities and Exchange Commission (SEC) rejected the proposal, which prompted Grayscale to take the regulatory agency to court. On August 29,…
‘Binance Nigeria Limited’ is not Binance but a Fraudulent Entity in Disguise – Read more
Binance Disassociates from ‘Binance Nigeria Limited’: A Deep Dive into the SEC Controversy” Binance, the renowned cryptocurrency exchange, has recently made it clear that it has no ties with the entity known as ‘Binance Nigeria Limited’. This clarification comes in…
Congressman, Emmer & Congressman, Davidson Proposes Legislation to Dismiss Chair Gary Gensler Amid Crypto Controversy
In a significant development, Congressman Tom Emmer, along with Rep. Warren Davidson, has introduced the ‘SEC Stabilization Act’. This proposed legislation aims to restructure the Securities and Exchange Commission (SEC) and remove Gary Gensler from his position as Chair. The…