ETH Spot ETF S-1 Might Be Approved This Summer-Gary Gensler
The Securities and Exchange Commission Chair, Gary Gensler, says ETH spot ETF S-1 might be approved this summer. The Chair of the Securities and Exchange Commission (SEC) anticipates that Ethereum spot ETF S-1s will be approved during the summer. This follows previous rumors regarding the time frame for the S-1 to commence trading. Gensler also […]
Terraform Labs To Pay $4.47B In Settlement to SEC
Terraform Labs has agreed to Pay $4.47B In Settlement to the Securities and Exchange Commission (SEC) to drop the charges against them. The blockchain startup was involved in controversy and settled with the United States Securities and Exchange Commission (SEC) for $4.47 billion. Terraform Labs To Finally Attain Freedom In what will be the next […]
Thailand Revokes Zipmex Licence Amid Regulatory Failures
The cryptocurrency exchange Zipmex lost its operating license after Thai authorities discovered that it had consistently disregarded directives. The Securities and Exchange Commission (SEC) discovered that Thai cryptocurrency exchange Zipmex had consistently disregarded court orders, leading to the exchange losing its business license. In a news release dated June 11, the SEC stated that Zipmex’s […]
Vanguard Files Specialized Fund With Special Mention of Digital Currency
The financial behemoth Vanguard has registered its first Specialized Fund, strongly favoring cryptocurrency-related goods. As stated in a recent update, the business has applied for a new “Vanguard Specialized Funds” with the US Securities and Exchange Commission (SEC). As disclosed, the objective of the Fund is to monitor the outcomes of a benchmark index that […]
XRP Lawyer Praises Coinbase’s SEC Defense
Pro-XRP lawyer MetaLawMan praised Coinbase’s strong appeal arguments, noting it could clarify the SEC’s authority over digital assets. Coinbase recently requested permission to file an interlocutory appeal with the 2nd Circuit in a response to the court. Notably, the pro-XRP attorney MetaLawMan’s recent commentary on the development sparked the discussions. The attorney lauded Coinbase’s compelling […]