Summary: BlackRock, a major investment management firm, has raised concerns over the U.S. Securities and Exchange Commission’s (SEC) unequal treatment of spot-crypto and crypto-futures exchange-traded fund (ETF) applications. The firm’s application for a spot-Ether (ETH) ETF, named the “iShares Ethereum Trust,” questions the SEC’s basis for consistently rejecting spot crypto ETFs while approving crypto futures […]
In a recent development, Coinbase, a prominent cryptocurrency exchange, has strongly contested the United States Securities and Exchange Commission’s (SEC) classification of cryptocurrencies listed on its platform as securities. In a filing presented to a New York District Court on October 24, Coinbase criticized the SEC’s definition of securities, asserting that it exceeds the boundaries […]
Ripple’s CEO, Brad Garlinghouse, and President, Monica Long, have announced plans to expand the company’s team beyond the borders of the United States in response to their ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). The lawsuit between Ripple and the U.S. SEC remains one of the hottest topics in the cryptocurrency […]
Binance is under investigation by French authorities for “acts of aggravated money laundering,” an official for the Paris public prosecutor’s office told Bloomberg. The world’s largest cryptocurrency exchange is also being investigated for the “alleged illegal provision of digital asset services, the official said. A Binance spokesperson said the exchange had an onsite visit by French […]
Crypto fraud accusations against Binance and its CEO Changpeng “CZ” Zhao are casting a shadow over the reputation of the industry giant. Prominent market commentators, among them analyst Dylan LeClair and Swan Bitcoin CEO Cory Klippsten, have implied that Binance could be guilty of underhanded market dealings to inflate the value of its native token, […]
Binance and the U.S. Securities and Exchange Commission (SEC) have been at the center of a regulatory dispute regarding the operation of Binance’s cryptocurrency exchange platform in the United States. This conflict has raised important questions about regulatory oversight, investor protection, and the global nature of the cryptocurrency market. In this response, I will explain […]
Investors are once again considering the payment of the XRP cryptocurrency in the futures market in the hope that Ripple Labs, the company that issued the token, will win its legal battle against the States Securities and Exchange Commission. in the wider market. XRP has risen 57% since March 22, hitting a 10-month high of […]
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler is doubling down on his opinion that proof-of-stake tokens could meet the definition of securities under the Howey Test, thus bringing them under his agency’s regulatory authority. Speaking to reporters after a commission vote on Wednesday, Gensler said securities laws could be triggered because investors anticipate […]
The Digital Chamber of Commerce is trying to end a lawsuit brought by the US Securities and Exchange Commission (SEC) against former user Coinbase (COIN) alleging insider trading. The group’s founder, Perianne Boring, said that if the SEC is successful, many digital assets could be classified as securities. “We see this as something that affects […]
Gary Gensler, ketua Komisi Sekuritas dan Bursa Amerika Serikat, atau SEC, percaya bahwa revolusi blockchain yang dimulai oleh Satoshi Nakamoto pada tahun 2008 lebih dari sekadar iseng-iseng, melainkan sudah menjadi proposisi nilai nyata untuk masa depan internet. Dalam sebuah wawancara dengan Aspen Security Forum pada hari Selasa, Gesler berbicara tentang perannya di Massachusetts Institute of […]