SEC Postpones Ruling on VanEck Ethereum ETF
The VanEck Ethereum ETF will now have a later deadline as the SEC has once again delayed making a judgment on an ETH ETF. The SEC announced in a recent filing that it would extend the deadline for making a judgment to May 23 and that it was seeking public input on the subject. This […]
Genesis, Gemini’s Requests to Dismiss SEC Earn Complaint Denied
A US judge deemed a case claiming that the cryptocurrency companies Gemini and Genesis had violated securities laws to be credible. The U.S. SEC filed a complaint against Gemini Crypto Exchange and Genesis Crypto Lending about an Earn program that both companies hosted. District Judge Edgardo Ramos refused the applications to dismiss the case until […]
BlackRock Intends to Add Spot Bitcoin ETFs
Leading asset management company BlackRock is currently applying for regulatory approval to add spot Bitcoin exchange-traded funds (ETFs) to its Global Allocation Fund, or MALOX. The company stated in an amended filing with the U.S. Securities and Exchange Commission (SEC) on March 7 that it plans to invest in exchange-traded products (ETPs) that are physically […]
Binance.US Under SEC Scrutiny for Alleged Non-Compliance
According to the U.S. Securities and Exchange Commission (SEC), Binance.US has failed to reply to significant questions concerning customer assets and other crucial facets of an ongoing inquiry. In a joint status report submitted to a Washington, D.C. District Court on March 5, the SEC voiced concerns that BAM Trading Services , the company that […]
BlackRock CEO Teases Feasibility of an XRP ETF
Asset management company BlackRock is piqueing interest in the cryptocurrency community by making vague references to the possible introduction of an exchange-traded fund (ETF) based on XRP. Though the company hasn’t formally announced its intent to file for an instant spot XRP ETF, rumors have increased in response to CEO Larry Fink’s cryptic remarks and […]