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Tag: SEC

GBTC v SEC

Grayscale Wins Case Against SEC, Bitcoin Rallies

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Grayscale wins lawsuit against SEC Court rules in favor of Grayscale’s conversion of GBTC to an ETF Bitcoin rallies 5% on the news XDC Network’s native XDC gains 19% Grayscale Investments, a leading crypto investment firm, has won a lawsuit against the Securities and Exchange Commission (SEC) in the United States. The Washington, D.C., Circuit Court ruled in favor of Grayscale in its lawsuit challenging the SEC’s decision to disallow...

Bitcoin, Crypto regulation, ETF, Front page, GBTC, Main, News, SEC

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SEC - US Securities and Exchange Commision

US Lawmakers Introduce Bill to Fire SEC Chair Gary Gensler

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Two Republican congressmen, Warren Davidson and Tom Emmer, have introduced a bill to fire Securities and Exchange Commission (SEC) Chair Gary Gensler. The bill, called the “SEC Stabilization Act,” would also restructure the SEC and decentralize its power. Davidson and Emmer have been critical of Gensler’s handling of the crypto market, saying that he has been “incompetent” and has driven the industry overseas. The...

Crypto regulation, Cryptocurrencies, Front page, Main, News, SEC

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Bitcoin graffitied

Crypto Today: Calls for Global Consensus, Regulatory Clarity, and PayPal’s Crypto Holdings

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In summary, crypto firms are calling for a global consensus on regulations to attract more established investors. Meanwhile, regulatory clarity on cryptocurrencies is still lacking in the United States, and Congress needs to determine which regulator has authority over crypto markets. On the other hand, PayPal has disclosed a significant amount of crypto holdings on its balance sheet. These developments highlight the need for more global consensus...

$LTC, Bitcoin, Bitcoin Cash, Cryptocurrencies, Ethereum, Litecoin, MiCA, News, PayPal, SEC

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Is Ethereum a security

Then again… Is Ethereum a security? 

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In Brief: US regulators and bitcoin maximalists advocate that Ethereum is a security They cite the presence of a recognizable co-founder Vitalik Buterin and a centralized body called the Ethereum Foundation They claim that because its issuance can be controlled via updates of the underlying code, Ether should be deemed a security Others argue that Ethereum is not a security Ethereum’s classification as a security...

Blockchain, Crypto security, Ethereum, Featured, Front page, Main, SEC

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