SEC Opposes Ethereum’s Role in Banking Transformation
Joseph Lubin accuses the SEC of impeding innovation in the US financial sector, citing Consensys’s lawsuit following a Wells notice. Joseph Lubin, co-founder of Ethereum, thinks that the deliberate obstruction of innovation by the Securities and Exchange Commission (SEC) poses a threat to the current financial environment in the United States. Lubin elaborated at the […]
SEC Under Trump Aimed for Aggressive Crypto Regulation
Former SEC official Jennifer Lee predicts Trump’s reelection won’t alter the crypto regulation approach, citing prior vigorous enforcement. On May 2, former SEC Division of Enforcement Assistant Director Jennifer Lee stated that the SEC’s position on cryptocurrencies will likely stay the same in the event of Donald Trump’s re-election. Lee told CNBC that the SEC […]
Grayscale Submits Form S-3 as SEC Postpones Decision
Grayscale moves closer to launching a Spot Ethereum ETF, filing Form S-3 to convert its Ethereum Trust, and bridging crypto investments with traditional markets. Grayscale, an industry-leading asset manager in the cryptocurrency sector, has made substantial progress toward establishing a Spot Ethereum ETF. The organization recently submitted Form S-3 to the U.S. Securities and Exchange […]
SEC Delays Franklin Templeton Spot Ether ETF
The US Securities and Exchange Commission (SEC) has delayed the decision regarding Franklin Templeton’s application for a spot Ether exchange-traded fund (ETF). The Securities and Exchange Commission (SEC) announced on April 23 that it had extended the period for comments on a proposed rule change that would permit the Cboe BZX Exchange to list and […]
Cboe Seeks SEC Approval to Add ETFs to Mutual Funds
Cboe Global Markets has requested that the Securities and Exchange Commission (SEC) approve a structure enabling issuers to merge exchange-traded funds (ETFs) and mutual funds. A Reuters story from April 4 states that Cboe filed a 19b-4 form seeking approval to add an ETF share class to already-existing mutual funds, enabling a fund structure with […]