Over 18 AGs from various states filed a lawsuit against the SEC and Gary Gensler. The SEC was sued for regulatory overreach on digital assets and crypto markets. Following the lawsuit, SEC Chair Gensler hints at resigning before the end of the term. The U.S. Securities and Exchange Commission (SEC) faces another lawsuit for its…
SEC seeks court approval to dismiss Kraken’s defenses in a crypto securities lawsuit. Kraken claims SEC’s crypto regulations lack clarity and that it wasn’t given fair notice. Court ruling on Kraken’s defenses could set a precedent for future U.S. crypto regulations. The US Securities and Exchange Commission (SEC) has sought to strike out three defenses…
Binance argues secondary market crypto sales aren’t securities transactions. Motion targets SEC’s claims on tokens like AXS, FIL, ATOM, SAND, and MANA. Binance’s legal team has urged the court to dismiss the SEC case stating it is flawed. Binance and its former CEO Changpeng Zhao have filed a motion to dismiss an amended complaint from…
Grayscale files to convert its Digital Large Cap Fund into a spot crypto ETF with the SEC. GDLC fund holds 76% BTC, 18% Ether, and smaller allocations to Solana, XRP, and Avalanche. SEC’s stance on non-Bitcoin and non-Ether assets may affect Grayscale’s ETF conversion. Grayscale Investments has filed a request with the U.S. Securities and…
Este artículo también está disponible en español. The crypto ETF market is expanding at an alarming rate, with news of a second XRP Exchange Traded Fund (ETF) filing spreading across the space. Canary Capital, a boutique Sydney investment and corporate advisory firm has just filed an XRP ETF, following Bitwise’s lead. With the new ETF…