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The U.S Securities and Exchange Commission (SEC) may approve spot market Bitcoin (BTC) exchange-traded funds (ETFs) as soon as next year, according to Bloomberg analysts. Bloomberg financial strategists James Seyffart and Eric Balchunas say that the SEC’s recent proposal to expand the legal definition of “exchange” may mean the regulatory agency is ready to approve […]
SEC might approve BTC ETFs in 2023 according to Bloomberg analysts because of a proposed rule change with the US SEC that can change the entire thing so let’s read more in today’s latest Bitcoin news. The Bloomberg analysts Eric Balchunas and James Seyffart noted: “Once crypto exchanges are compliant, the SEC’s primary reason for […]
The US Securities Act and the singing telegram – what do these two things have in common? They both came to be in 1933, nearly a century ago. The US Securities Act, along with the Exchange Act of 1940, both continue to drive the way financial products are offered and traded, hampering the innovation in financial […]
The U.S. Securities and Exchange Commission (SEC) has proposed new rule changes that would require registrants to provide climate-related disclosures to the SEC. It would also require companies to disclose climate-related risks which would be “reasonably likely” to have a material impact on their business, result of operations, or financial condition. “I am pleased to […]
Coinbase has been hit with a class action lawsuit that alleges that the exchange giant wrongfully sold at least 79 different cryptocurrencies as unregistered securities. The three plaintiffs, Christopher Underwood, Louis Oberlander and Henry Rodriguez, allege that Coinbase has been knowingly selling securities without registration statements under the guise of operating a cryptocurrency exchange. The […]
A class-action lawsuit has been filed against the Nasdaq-listed cryptocurrency exchange Coinbase alleging that the platform lets customers trade 79 cryptocurrencies that are unregistered securities, including XRP, dogecoin (DOGE), and shiba inu (SHIB). Lawsuit Claims Coinbase Sold 79 Unregistered Crypto Securities to Customers A class-action lawsuit was filed last week against Coinbase Global Inc., Coinbase […]
A group of congressmen are appealing to the US Securities and Exchange Commission (SEC) to be more accommodative to the crypto industry, criticizing the...
A group of congressmen are appealing to the US Securities and Exchange Commission (SEC) to be more accommodative to the crypto industry, criticizing the agency’s current stance on the space. Writing to SEC Chair Gary Gensler, Tom Emmer of Minnesota, Darren Soto of Florida, Warren Davidson of Ohio, Jake Auchincloss of Massachusetts, Byron Donalds of […]