5 / 7 Relevant items tagged with #SecuritiesAndExchangeCommission

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SEC Begins Consideration of Franklin, Hashdex Crypto ETFs, Delays Decision on VanEck, ARK Ether ETFs

[Sep 27, 2023 2:14 PM] SEC recently extended deadlines for ARK, GlobalX spot bitcoin ETFs.

SEC Extends Ark, Global X ETF Deadlines as Government Shutdown Looms

[Sep 26, 2023 4:44 PM] The efforts from Ark 21Shares and Global X to list spot bitcoin exchange traded funds (ETFs) must now officially wait longer for the U.S. Securities and Exchange Commission (SEC) to either approve or reject or deny their applications as the agency…

U.S. House Lawmakers Push SEC’s Gensler to Approve Spot Bitcoin ETF ‘Immediately’

[Sep 26, 2023 1:46 PM] The U.S. Securities and Exchange Commission (SEC) should listen to the courts and give up its efforts to block exchange traded funds (ETFs) holding bitcoins, a bipartisan group of lawmakers argued in a letter to SEC Chair Gary Gensler.

U.S. SEC’s Crypto Enforcement Chief Warns More Charges Coming to Exchanges, DeFi

[Sep 19, 2023 1:31 PM] The U.S. Securities and Exchange Commission (SEC) isn’t done chasing down crypto exchanges and decentralized finance (DeFi) projects it sees as violating securities laws in the same vein as Coinbase Inc. (COIN) and Binance, said David Hirsch, head…

CZ Denies Binance.US Used Ceffu or Binance Custody in Apparent Contradiction

[Sep 19, 2023 8:25 AM] Binance.US previously told a DC court it used custody software offered by Binance’s international arm that was later rebranded Ceffu.

Binance Is Supposedly Separate From Crypto Custodian Ceffu. The SEC Has Questions

[Sep 18, 2023 11:47 AM] As regulators prepare to square off with one of the world’s biggest crypto exchanges in court, Ceffu has denied any ties to Binance or U.S. operations. The reality is murkier.

Binance.US Not Playing Ball With Probe, SEC Says, as Focus Turns to Custody Arm Ceffu

[Sep 15, 2023 12:32 AM] Securities regulators have complained the exchange is unregistered, and worry about assets being shifted overseas.

Mila Kunis-Backed Web Series Faces SEC Enforcement Action for 'Unregistered' NFT Offerings

[Sep 13, 2023 9:34 AM] Tk

Gensler Hearing Shows Key Senate Democrat Digging in Heels on Crypto

[Sep 12, 2023 11:23 AM] While U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler was in the hot seat at a Senate hearing on Tuesday, the most important crypto sentiments may have come from Sen. Sherrod Brown (D-Ohio), who tarred much of the industry as…

Binance Says SEC’s Request for Depositions Is ‘Overbroad’ and 'Unduly Burdensome'

[Sep 11, 2023 11:04 PM] Binance says the SEC has no evidence to support its allegations that imply investor assets have been wrongfully diverted.

Defiant Gensler Returns to Crypto Grievances Ahead of Senate Testimony

[Sep 11, 2023 3:08 PM] U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is doubling down on his crypto objections in his first remarks following the second recent court setback in his agency’s sweeping legal fight with the industry.

SEC Counters Ripple in Effort to Appeal Groundbreaking XRP Ruling

[Sep 8, 2023 3:46 PM] Whether or not Ripple violated securities law in making XRP available to retail investors by putting it on crypto exchanges is absolutely a question that needs appeals court intervention, the U.S. Securities and Exchange Commission (SEC) argued…

10 years later, still no Bitcoin ETF — but who cares?

[Sep 8, 2023 11:20 AM] The Securities and Exchange Commission will inevitably approve a spot Bitcoin ETF, but we should retain some healthy skepticism about the risks it will create.

CFTC Commissioner Pitches Pilot Program for U.S. Crypto Regulation

[Sep 7, 2023 11:45 AM] The U.S. watchdog for derivatives markets should create a limited pilot program for regulating cryptocurrencies, said Caroline Pham, one of the members of the Commodity Futures Trading Commission (CFTC).

SEC’s Gensler Should Be Focus of More Hearings on Treatment of Crypto: U.S. Senator

[Sep 7, 2023 9:41 AM] Sen. Bill Hagerty (R-Tenn.) previewed the lawmaker ire in store for U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler as Congress returns from its summer break, with Hagerty accusing the regulator of stomping on crypto innovation…

Bloomberg Analysts Boost Spot Bitcoin ETF Approval Odds After Grayscale’s Court Victory

[Aug 30, 2023 5:30 PM] In early August 2023, Bloomberg ETF specialists Eric Balchunas and James Seyffart estimated a 65% probability for the approval of a spot bitcoin ETF. However, as August draws to its conclusion, and in light of a U.S. court siding with Grayscale…

SEC’s Grayscale Court Rout Puts Agency in Will-They, Won’t-They Role Starring Gensler

[Aug 29, 2023 3:48 PM] The crypto industry’s campaign to set up exchange-traded funds (ETFs) has now pushed the U.S. Securities and Exchange Commission against a wall with Grayscale Investments’ consequential court win, but it’s still up to the agency to decide whether…

Judge Denies CEL Valuation Boost; Evades CEL’s Security Classification in Celsius Saga

[Aug 26, 2023 12:30 PM] In the unfolding saga of the Celsius bankruptcy case, a proposal was presented to elevate the defunct crypto enterprise’s native token, CEL, to a valuation of $0.80 each. Yet, the overseeing U.S. bankruptcy judge, Martin Glenn, dismissed…

Coinbase, Tarred as an Illicit Exchange by the SEC, Quietly Got Regulated Elsewhere in the U.S.

[Aug 17, 2023 9:20 AM] As Coinbase Inc. (COIN) scraps with the U.S. Securities and Exchange Commission (SEC) on its right to exist as an exchange, the company has achieved an unprecedented milestone in U.S. oversight by winning approval to handle customers’ buying and…

Republican Lawmakers Demand Gensler Tell Them How Prometheum Got SEC Approval

[Aug 15, 2023 1:06 PM] Republicans on the U.S. congressional committee that oversees the Securities and Exchange Commission (SEC) are demanding agency Chair Gary Gensler explain how Prometheum Inc. won its unique approval as a broker-dealer for crypto.

ETF Analysts: Spot Bitcoin ETF Approval Odds at 65% Amid Pressure From Blackrock

[Aug 2, 2023 5:30 PM] According to James Seyffart and Eric Balchunas, two analysts specializing in exchange-traded funds (ETFs) at Bloomberg, the likelihood of a spot bitcoin ETF debut in the U.S. has surged to 65%. These analysts attribute this increase to…

Why I Don’t Feel Bad for HEX Founder Richard Heart’s Victims

[Aug 2, 2023 11:36 AM] Maybe the SEC can finally convince Hex and PulseChain devotees that they’ve been cheated.

US Senator Expresses Concern Over Prometheum Co-CEO’s Congressional Testimony

[Jul 11, 2023 1:30 PM] On Monday, U.S. senator Thomas Tuberville (R-AL) published an open letter to U.S. attorney general Merrick Garland and Securities and Exchange Commission (SEC) chairman Gary Gensler expressing concern over allegations that Prometheum, Inc., a…

Binance Feels Strain of World’s Regulators Leaping Into Action

[Jul 7, 2023 11:35 AM] Australian officials directly sought out current and former employees of Binance’s operation there this week, demanding copies of internal communications and data from their personal devices, according to a person familiar with the government’s…

BlackRock Bitcoin ETF Application Refiled, Naming Coinbase as ‘Surveillance-Sharing’ Partner

[Jul 3, 2023 1:33 PM] The refiled application by Nasdaq to list a BlackRock bitcoin ETF follows a report last week that the SEC deemed earlier proposals "inadequate" since they didn't specify the name of the underlying market in so-called surveillance-sharing agreements.

Insiders Say SEC Deems Blackrock’s Spot Bitcoin ETF and Other Applications as Inadequate

[Jun 30, 2023 10:30 AM] According to a report citing “people familiar with the matter,” the U.S. Securities and Exchange Commission has allegedly informed Nasdaq and Cboe that Blackrock’s registration for a bitcoin exchange-traded fund (ETF) and the multitude of…

The Crypto Industry’s New Favorite Punching Bag – Prometheum – Asks for a Chance

[Jun 30, 2023 6:00 AM] No new crypto rules are needed, said Aaron Kaplan, co-CEO of Prometheum Inc., and his company means to demonstrate it – even as the issuers whose tokens it seeks to trade say no thanks.

U.S. Judge Rejects Binance.US Complaint Over SEC Press Release

[Jun 26, 2023 1:27 PM] A federal judge has rebuffed Binance’s request to curtail the U.S. Securities and Exchange Commission's (SEC) use of language pertaining to Binance.US’ management of customer funds in press releases, arguing the statements could hurt the company at…

Indonesia Labels 501 Cryptocurrencies as Commodities, Paving the Way for Regional Adoption

[Jun 26, 2023 11:30 AM] In contrast to the regulatory stance taken by the U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Supervisory Agency (CFTSA) of the Republic of Indonesia has officially labeled 501 cryptocurrencies as commodities. The…

A Straightforward Explanation for Why Financial Giants Want to Issue a Spot Bitcoin ETF

[Jun 21, 2023 2:44 PM] Hint: It has to do with making money.