SEC to Hire More Investigators to Fight Crypto Frauds
The United States Securities and Exchange Commission (SEC) has planned to expand its special unit which was created for investigating cryptocurrency frauds and other illegal activities, The Wall Street Journal reported.
Simplify Asset Management Files Application of the "MAXI" Bitcoin ETF
According to filings with the U.S. Securities and Exchange Commission (SEC), a Registered Investment Adviser Simplify Asset Management filed the application for Simplify Bitcoin Strategy Risk-Managed Income ETF under the ticker symbol MAXI.
Ripple Scores a Big Win against the SEC as Court Denies SEC's Motion
The ongoing legal battle between the US Securities and Exchange Commission and blockchain payments firm Ripple Labs may be nearing an end as Judge Sarah Netburn has denied the regulator’s motion for Reconsideration of the DPP Ruling.
US Crypto Lender Celsius to Stop Paying Interests to Unaccredited Investors
In line with regulatory demands, American crypto lender, Celsius has shared details of a restructuring to its Earn product which will now be limited to only Accredited investors.
US SEC Approves Third Bitcoin Futures ETF Application from Teucrium
The United States Securities and Exchange Commission (SEC) has approved America’s third functional Bitcoin Exchange Traded Fund (ETF) product that tracks the futures price of the world’s largest crypto asset.
SEC Rejects Application for Physical Bitcoin ETF from Ark 21Shares
So far, the SEC has not approved an application for a spot Bitcoin ETF. The latest rejection involves a Bitcoin ETF filed by Ark 21Shares.
Crypto-Related Firms Should Treat Crypto Custody Arrangements as Liability: US SEC
The U.S. Securities and Exchange Commission(SEC) said cryptocurrency-related U.S.-listed companies should link those assets to arsenic liabilities and disclose the associated risks to investors, Reuters reported.
US SEC Delays Proposals for Spot Bitcoin ETFs from WisdomTree and One River
The securities regulator of the U.S. SEC has yet to approve a US exchange-traded fund that invests directly in the cryptocurrency.
Coinbase and Brian Armstrong Named as Defendants in a Securities Lawsuit
Coinbase Global Inc, Coinbase Inc, and Brian Armstrong have been named defendants in a class-action lawsuit. Three leading exchanges are accused of without sharing the required risks involved in trading as many as 79 different tokens.
XRP is not a Security: Former CFTC Chair Chris Giancarlo Says
Christopher Giancarlo said he believes XRP does not qualify as security as the SEC is alleging, a claim made based on earlier research he has done as the chairman of the CFTC.