After the hack of the SEC’s Twitter account on January 9, two U.S senators have demanded that the agency disclose the incident to Congress. On the same day, Senators J.D. Vance and Thom Tillis sent a letter to SEC Chair Gary Gensler, expressing their “serious concerns” about the commission’s internal
As anticipated, on Monday, January 8, many applicants for a spot Bitcoin exchange-traded fund (ETF) hurriedly submitted their final Form S-1 modifications to the U.S SEC. It is generally anticipated that the first spot Bitcoin ETFs would be authorized in the United States on January 10, and asset manager Valkyrie
Big names in finance, including BlackRock, Ark, Fidelity, Invesco, Galaxy Digital, WisdomTree, and Valkyrie, have taken a bold step toward launching the first Bitcoin exchange-traded fund (ETF) in the U.S as the deadline of January 10th draws near. The corporations in question recently submitted their final Form S-1 modifications to
With Bitcoin’s price rising back above $45,000, crypto investors had every reason to be excited at the start of the new week. Early reports indicated that on January 5, BlackRock bought $10 million worth of Bitcoin. The investment firm had anticipated a volume of over $2 billion for its Spot
The SEC has once again issued a warning on the fear of missing out (FOMO) while investing in cryptocurrency, and this comes days before the expected approval of spot Bitcoin ETFs. Digital assets, such as meme stocks, cryptocurrencies, and NFTs, pose dangers to ordinary investors, according to a Jan. 6
The owner of the Dallas Mavericks NBA franchise and Shark Tank star Mark Cuban took to social media on Thursday to criticize the U.S SEC. According to Cuban, when questioned about the suitability of current securities rules to regulate cryptocurrencies, all one has to know is that Howey was insufficient,
The United States Securities and Exchange Commission (SEC) has unveiled crucial updates on the eagerly anticipated approval process for spot Bitcoin exchange-traded funds (ETFs). The approval, expected in January 2024, has heightened speculation about the future trajectory of Bitcoin. The SEC has disclosed that the initial wave of potential spot
According to Stuart Alderoty, chief legal officer (CLO) of Ripple, the cryptocurrency market will look quite different in 2024. He spoke on the judicial branch’s impact on cryptocurrency regulation, possible legislative hurdles in the U.S Congress, and his forecasts about Ripple’s lawsuit with the U.S SEC. According to Alderoty, Ripple
The fourth meeting between BlackRock and the U.S SEC to discuss the eagerly awaited Spot Bitcoin ETF has taken place. Documented in an official filing, this most recent conversation is one in a string of recent exchanges between the SEC and prospective issuers. Moreover, the involvement of the SEC, headed
The United States Securities and Exchange Commission (SEC) has decided to extend its review period for the proposed Invesco Galaxy Ethereum Exchange-Traded Fund (ETF). In a notice released on December 13, the SEC announced its intention to take additional time to evaluate the rule change proposal, allowing the Cboe BZX
