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U.S. District Judge Kevin Castel Grants Request to Defer civil cases
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U.S. District Judge Kevin Castel Grants Request to Defer civil cases

On Feb. 13, Manhattan District Judge Kevin Castel granted the applications to suspend the civil proceedings "without prejudice" until the DOJ's trial against SBF begins.

Grayscale Launches New Entity to Manage Growing Funds
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Grayscale Launches New Entity to Manage Growing Funds

Cryptocurrency asset manager Grayscale Investments has launched a new entity, the Grayscale Funds Trust, to manage its publicly traded financial products in-house. The company has also filed a registration statement for three new cryptocurrency-focused ETFs, including a Bitcoin Composite ETF, Ethereum Futures ETF, and a Privacy ETF.

Coinbase CLO Responds to SEC's Opposition
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Coinbase CLO Responds to SEC's Opposition

Coinbase's Chief Legal Officer, Paul Grewal, responded to the SEC's opposition to the company's motion to dismiss the case against it. Grewal criticized the SEC for making unsupported legal claims and emphasized that the assets listed on Coinbase are not securities. He also called for regulation that listens to the crypto community and mentioned that Coinbase will file its reply on October 24, 2023.

Binance CEO Refutes SEC's $12 Billion Fund Misappropriation Claims
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Binance CEO Refutes SEC's $12 Billion Fund Misappropriation Claims

Binance CEO Changpeng Zhao has categorically denied the allegations recently published by CoinDesk stating that $12 billion were redirected to firms under his control.

Grayscale Files for Three New Crypto ETFs
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Grayscale Files for Three New Crypto ETFs

Grayscale Investments has filed a registration statement with the SEC for three new cryptocurrency-focused ETFs, including a Bitcoin Composite ETF, Ethereum Futures ETF, and a Privacy ETF. Grayscale also announced the launch of its Grayscale Funds Trust to manage its publicly traded financial products in-house.

ASIC Raids Binance Australia as Global Regulatory Hurdles Mount
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ASIC Raids Binance Australia as Global Regulatory Hurdles Mount

As reported by Bloomberg, the Australian Securities and Investments Commission (ASIC) executed a search operation at the offices of Binance Australia. This operation is a part of an ongoing inquiry into the crypto giant's now-closed local derivatives business, highlighting the intensifying regulatory scrutiny Binance is encountering.

The US SEC Asks Valkyrie to Withdrawal Its Leveraged Bitcoin Futures ETF
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The US SEC Asks Valkyrie to Withdrawal Its Leveraged Bitcoin Futures ETF

The move by the US SEC shows that the regulator would not approve leveraged Bitcoin ETF applications. Valkyrie recently applied to offer a leveraged Bitcoin futures ETF to investors.

Monica Long Named New President of Ripple
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Monica Long Named New President of Ripple

Ripple, a blockchain-based worldwide payments processor, elected Monica Long its new president amid unprecedented growth.

List of Blockchain Projects, People and ICOs the SEC Charged
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List of Blockchain Projects, People and ICOs the SEC Charged

A list of some of the blockchain projects and crypto figures who have been charged by the United States Securities and Exchange Commission over the years.

US Bitcoin Corp-Hut 8 Merger Progresses Amid Celsius Plan Approval
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US Bitcoin Corp-Hut 8 Merger Progresses Amid Celsius Plan Approval

US Bitcoin Corp has secured court approval for its merger with Hut 8 Mining Corp, marking a significant step towards managing its assets and listing on Nasdaq and the Toronto Stock Exchange.

Thailand's SEC Eyes on Decentralized Finance
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Thailand's SEC Eyes on Decentralized Finance

Thai financial authority turn their eyes to decentralized finance regulation by requesting future DeFi-related activities to get appropriate licenses.

Coinbase Discontinues Plans to Launch Cryptocurrency Lending Product Following SEC’s Warning
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Coinbase Discontinues Plans to Launch Cryptocurrency Lending Product Following SEC’s Warning

Ongoing regulatory pressure has pushed Coinbase to scrap plans for a cryptocurrency lending product.

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