As the world of cryptocurrency continues to evolve and capture the attention of investors worldwide, a significant development has taken place with the debut of Ethereum futures exchange-traded funds (ETFs). This groundbreaking move comes at a time when the U.S.…
Is a Tokenized Pokémon Card a Security? SEC Chair Gary Gensler Responds—Kinda
U.S. Representative Ritchie Torres raised questions for SEC Chair Gary Gensler during a House Financial Services Committee meeting, employing Pokémon cards as an illustrative example. Gensler acknowledged that, in his interpretation of U.S. law, a Pokémon card doesn’t qualify as…
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…
Nasdaq Readies Itself To List A Spot Bitcoin ETF and More on Bitcoin Spot ETF
Nasdaq’s Giang Bui, who heads U.S. Equities & Exchange-Traded Products, explains how Bitcoin ETFs are made. She shares insights about the SEC’s activities and how Nasdaq competes in the Bitcoin ETF market. Different Ways that an ETF can Come to…
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…
The US. SEC Initiates an Appeal of the Ripple Court Ruling
Introduction: The U.S. Securities and Exchange Commission (SEC) has recently taken a significant step in appealing the outcome of the highly debated lawsuit against Ripple. As the legal battle between the SEC and Ripple Labs continues, the consequences of this…
Key Takeaways From Gary Gensler Appearance at the Senate Banking Committee Hearing
Gary Gensler is the head or chairman of the Securities and Exchange Commission. So, here are the key takeaways from the recent Senate Banking Committee hearing. Gary Gensler Appearance at the Senate Banking Committee Hearing Gary Gensler Leaves No Clarity…