18 C
New York

Tag: U.S. Securities and Exchange Commission (SEC)

Solana On the Verge of Major Price Movement

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc....

Top News

After Buying $500 Million Of Bitcoin, What Will Luna Do With It?

Luna has purchased more than 11,700 bitcoin, worth about $520 million, to build a reserve for its stablecoin UST. But what does that mean exactly?

U.S. SEC Could Approve Spot Bitcoin ETFs By Next Year: Bloomberg

Cryptocurrency Threats in 2022

Bloomberg Exchange Traded Fund (ETF) analysts Eric Balchunas and James Seyffarth said that a proposed rule change with the U.S. Securities and Exchange Commission (SEC) could lead to the approval of a Spot Bitcoin ETF in mid 2023. Spot Bitcoin ETFs Could See Approvals by 2023: Bloomberg Analysts Balchunas wrote in a Twitter post Thursday that crypto platforms could fall under the SEC’s regulatory framework if the commission were to approve the amendment to change the definition of “exchange” proposed in January. If the rule change gets implemented, the exchange would have platforms “that can be used to trade securities of any type” including cryptocurrencies that could be more favorable for the regulators. “Expanding the definition of an exchange could eliminate the agency’s primary objection to the products by bringing cryptocurrency platforms under the SEC’s regulatory framework,” Seyffart and Balchunas wrote. “Once crypto exchanges are compliant, the SEC’s primary reason for denying spot Bitcoin ETFs would no longer be valid, likely clearing the way for approval,” they added. New note out on why we think spot bitcoin ETFs will get approved in early Summer 2023. The SEC is proposing to expand the definition of "exchange" which would bring crypto platforms under SEC reg. After that (which could take a year) look for ETFs to get green light via @JSeyff pic.twitter.com/TtFgFXrJ8h — Eric Balchunas (@EricBalchunas) March 24, 2022 Both the analysts expect the change to be finalized sometime between November 2023 and May of 2023 which could result in the regulator approving spot cryptocurrency ETFs. At the moment, SEC has only approved bitcoin ETFs based on bitcoin futures and has so far rejected all rule changes that would allow spot BTC ETFs to be listed on exchanges.

The post U.S. SEC Could Approve Spot Bitcoin ETFs By Next Year: Bloomberg appeared first on Cryptoknowmics-Crypto News and Media Platform.

U.S. SEC Could Approve Spot Bitcoin ETFs By Next Year: Bloomberg

Cryptocurrency Threats in 2022

Bloomberg Exchange Traded Fund (ETF) analysts Eric Balchunas and James Seyffarth said that a proposed rule change with the U.S. Securities and Exchange Commission (SEC) could lead to the approval of a Spot Bitcoin ETF in mid 2023. Spot Bitcoin ETFs Could See Approvals by 2023: Bloomberg Analysts Balchunas wrote in a Twitter post Thursday that crypto platforms could fall under the SEC’s regulatory framework if the commission were to approve the amendment to change the definition of “exchange” proposed in January. If the rule change gets implemented, the exchange would have platforms “that can be used to trade securities of any type” including cryptocurrencies that could be more favorable for the regulators. “Expanding the definition of an exchange could eliminate the agency’s primary objection to the products by bringing cryptocurrency platforms under the SEC’s regulatory framework,” Seyffart and Balchunas wrote. “Once crypto exchanges are compliant, the SEC’s primary reason for denying spot Bitcoin ETFs would no longer be valid, likely clearing the way for approval,” they added. New note out on why we think spot bitcoin ETFs will get approved in early Summer 2023. The SEC is proposing to expand the definition of "exchange" which would bring crypto platforms under SEC reg. After that (which could take a year) look for ETFs to get green light via @JSeyff pic.twitter.com/TtFgFXrJ8h — Eric Balchunas (@EricBalchunas) March 24, 2022 Both the analysts expect the change to be finalized sometime between November 2023 and May of 2023 which could result in the regulator approving spot cryptocurrency ETFs. At the moment, SEC has only approved bitcoin ETFs based on bitcoin futures and has so far rejected all rule changes that would allow spot BTC ETFs to be listed on exchanges.

The post U.S. SEC Could Approve Spot Bitcoin ETFs By Next Year: Bloomberg appeared first on Cryptoknowmics-Crypto News and Media Platform.

U.S. SEC Could Approve Spot Bitcoin ETFs By Next Year: Bloomberg

Cryptocurrency Threats in 2022

Bloomberg Exchange Traded Fund (ETF) analysts Eric Balchunas and James Seyffarth said that a proposed rule change with the U.S. Securities and Exchange Commission (SEC) could lead to the approval of a Spot Bitcoin ETF in mid 2023. Spot Bitcoin ETFs Could See Approvals by 2023: Bloomberg Analysts Balchunas wrote in a Twitter post Thursday that crypto platforms could fall under the SEC’s regulatory framework if the commission were to approve the amendment to change the definition of “exchange” proposed in January. If the rule change gets implemented, the exchange would have platforms “that can be used to trade securities of any type” including cryptocurrencies that could be more favorable for the regulators. “Expanding the definition of an exchange could eliminate the agency’s primary objection to the products by bringing cryptocurrency platforms under the SEC’s regulatory framework,” Seyffart and Balchunas wrote. “Once crypto exchanges are compliant, the SEC’s primary reason for denying spot Bitcoin ETFs would no longer be valid, likely clearing the way for approval,” they added. New note out on why we think spot bitcoin ETFs will get approved in early Summer 2023. The SEC is proposing to expand the definition of "exchange" which would bring crypto platforms under SEC reg. After that (which could take a year) look for ETFs to get green light via @JSeyff pic.twitter.com/TtFgFXrJ8h — Eric Balchunas (@EricBalchunas) March 24, 2022 Both the analysts expect the change to be finalized sometime between November 2023 and May of 2023 which could result in the regulator approving spot cryptocurrency ETFs. At the moment, SEC has only approved bitcoin ETFs based on bitcoin futures and has so far rejected all rule changes that would allow spot BTC ETFs to be listed on exchanges.

The post U.S. SEC Could Approve Spot Bitcoin ETFs By Next Year: Bloomberg appeared first on Cryptoknowmics-Crypto News and Media Platform.

SEC Proposes Sweeping Greenhouse Gas Reporting Rules Which Would Affect Crypto Mining

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 […]

The post SEC Proposes Sweeping Greenhouse Gas Reporting Rules Which Would Affect Crypto Mining appeared first on Coin Bureau.

Coinbase Sued for Allegedly Selling 79 Unregistered Crypto Securities — Including XRP, Dogecoin, Shiba Inu

Coinbase Sued for Allegedly Selling 79 Unregistered Crypto Securities — Including XRP, Dogecoin, Shiba InuA 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 […]
Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass Adoption

SEC Slaps Siblings With Fraud Charges in Alleged $124,000,000 Crypto Scam

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass Adoption

A brother and sister who traveled the world as part of a lavish crypto lifestyle are now facing a reckoning at the hands of the United States criminal justice system. In a new press release, the U.S. Securities and Exchange Commission (SEC) announced that John and JonAtina (Tina) Barksdale have been charged with stealing over $124 […]

The post SEC Slaps Siblings With Fraud Charges in Alleged $124,000,000 Crypto Scam appeared first on The Daily Hodl.

Biden Signs Executive Order Establishing National Crypto Policy Across 6 Key Priorities

Biden Signs Executive Order Establishing National Crypto Policy Across 6 Key PrioritiesU.S. President Joe Biden has signed a “historic” executive order on crypto assets, establishing “a national policy for digital assets across six key priorities,” the White House stated. The executive order outlines “the first-ever, whole-of-government approach to addressing the risks and harnessing the potential benefits of digital assets and their underlying technology.” President Joe Biden’s […]

US Executive Order On Crypto Expected This Week

President Joe Biden is expected to sign an executive order with a comprehensive outline on the regulation of crypto assets, according to reports from Bloomberg. The order will instruct the Justice Department, Treasury and other government agencies to examine the legal and economic implications of creating a US-backed central bank digital currency (CBDC), according to […]

The post US Executive Order On Crypto Expected This Week appeared first on Coin Bureau.

Ripple CEO Says SEC Has ‘Hard Argument’ To Make in XRP Lawsuit As Expert Testimony Wraps

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass Adoption

Ripple CEO Brad Garlinghouse says that the U.S. Securities and Exchange Commission (SEC) has a difficult argument to make in its case against the enterprise blockchain company. The SEC sued Ripple in December 2020 on the allegation that the company sold XRP as an unregistered security. In a new interview on Fox Business, Garlinghouse says […]

The post Ripple CEO Says SEC Has ‘Hard Argument’ To Make in XRP Lawsuit As Expert Testimony Wraps appeared first on The Daily Hodl.

Skybridge Capital Founder Doubles Down on $100K Bitcoin Prediction — Expects BTC to Reach $500K Long-Term

Skybridge Capital Founder Doubles Down on $100K Bitcoin Prediction — Expects BTC to Reach $500K Long-TermThe founder of Skybridge Capital has doubled down on his $100K bitcoin price prediction. He also believes that bitcoin could reach $500K a coin in the long run. “But we’ve got some work to do here from a regulatory perspective,” he stressed. The executive also advised how an average investor should get into bitcoin. Skybridge […]

Institutions increase exposure to Grayscale Bitcoin Trust as GBTC discount nears 30%

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass Adoption

More capital enters the flagship Grayscale trust as it eyes regulator approval to become an exchange-traded fund later this year.

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass Adoption

Recent articles

spot_img