ECB Chief Calls for Crypto Compliance Laws Reform
Andrea Enria, executive director of the ECB, stated that in order for the EU to establish appropriate crypto regulation, certain current provisions for banks must be modified. Andrea Enria, chief supervisor of the European Central Bank, has identified a regulatory loophole that could safeguard banks operating in the region during their crypto adoption journeys to improve […]
VanEck Amends Application for Spot Bitcoin ETF
VanEck revised their spot Bitcoin ETF filing following in the footsteps of other well-known companies that have taken a similar action. Renowned asset management company VanEck has officially updated its Bitcoin spot Exchange Traded Fund (ETF) filing with the Securities and Exchange Commission (SEC), jumping on the expanding bandwagon. For many years, VanEck has been […]
ARK 21 Shares spot Bitcoin ETF not Listed on DTCC Website
ARK Invest and 21 Shares’ joint spot Bitcoin ETF has not yet been listed, which is unfortunate for those who closely track new Bitcoin ETF filings. Despite social media speculation, ARK Invest’s spot Bitcoin exchange-traded fund (ETF) does not appear to be listed on the Depository Trust & Clearing Corporation (DTCC) website. On Oct. 25, […]
Coinbase Anticipates SEC Approval for US Bitcoin Spot ETF
Paul Grewal, the chief legal officer at Coinbase, is certain that the Bitcoin exchange-traded fund (ETF) will soon receive approval from the U.S. Securities and Exchange Commission (SEC). Grewal told CNBC that he believes the SEC would approve a U.S. Bitcoin ETF “in short order.” Grewal’s claim follows a significant court ruling that determined the […]
Securities Authorities Object Crypto Handling in Coinbase’s Case
A group representing North America’s state securities authorities took aim at Coinbase’s arguments in its defense against the SEC. An association of North American securities regulators argues that digital assets should not be viewed as “somehow special,” nor should actions against Coinbase be considered “novel or extraordinary.” In a brief filed on 10 October in […]