Grayscale Modifies Ethereum ETF Again
Grayscale Investments, a crypto asset management company, has submitted an amended 19b-4 for its Ethereum ETF application. James Seyffart, a senior ETF analyst at Bloomberg, disclosed this information on X as the company had previously filed an update on May 21. The United States Securities and Exchange Commission (SEC) is anticipated to approve the Ethereum […]
Applicants for Ethereum ETFs Submit 19b-4 Forms
The U.S. Securities and Exchange Commission (SEC) received the 19b-4 paperwork from five Ethereum (ETH) spot ETFs applications. Just twenty-five minutes before the deadline, ETH ETF applicants Fidelity, VanEck, Invesco/Galaxy, Ark Invest, and Franklin Templeton submitted their Amended 19b-4 forms to the SEC, according to Bloomberg Intelligence analyst James Seyffart. The analyst claims the ETF […]
SEC Fines NYSE Parent $10M for Cyberattack Non-Reporting
The SEC fined Intercontinental Exchange $10M for not promptly reporting an April 2021 cyberattack affecting its corporate network. The United States Securities and Exchange Commission (SEC) announced that the Intercontinental Exchange (ICE) will forfeit $10 million for neglecting to notify authorities of a cyber attack. Malicious code was installed onto a VPN device to gain […]
Uniswap Labs Replies to SEC Wells Notice
In response to the SEC’s Wells Notice, Uniswap has urged the commission to stay within its constitutional bounds and take lessons from previous rulings. Uniswap, a decentralized exchange, has argued against the U.S. Securities and Exchange Commission’s legal explanation and definition of some DeFi instruments and has called on the agency to reconsider its claims […]
Philippines SEC to Release Crypto Rules in Late 2024
In the second half of 2024, the Philippine Securities and Exchange Commission (SEC) hopes to establish a regulatory framework for cryptocurrencies. Emilio B. Aquino, the chair of the SEC, reportedly stated in a local article that the guidelines will work to control cryptocurrency trading in the country while maintaining investor protection. Aquino disclosed the information […]