Ripple gets access to Binance’s records amid SEC securities case
Ongoing litigation between Ripple and the US Securities and Exchange Commission (SEC) took another turn this week when Ripple gained access to Binance internal documents and other companies’ documents. CEO Brad Garlinghouse may have acted outside the scope of the SEC’s jurisdiction, according to the documents, which could be crucial evidence. Judge Sarah Netburn of […]
Victory Capital applies for SEC approval to launch crypto ETF
Victory Capital Management has applied to the Securities and Exchange Commission (SEC) for approval to launch a cryptocurrency ETF, the fund is expected to provide clients with convenient exposure to numerous coins. Victory said it planned to float an exchange-traded fund, or ETF , following the Nasdaq Crypto Index in a Form S-1 registration submitted […]
Ripple-SEC lawsuit requires Binance’s documents
The Ripple Labs and the United States SEC lawsuit now involves major crypto exchange Binance after a recent filing on behalf of Ripple CEO Brad Garlinghouse. Garlinghouse has sought the Southern District Court of New York to receive papers from Binance Holdings Limited that are “relevant to the current issue and not otherwise available.” The […]
Stone Ridge Asset Management registers new Bitcoin fund with SEC
Stone Ridge Asset Management on Friday, revealed a new Bitcoin-focused investment strategy. The fund does not invest in bitcoin or other digital assets directly. Revised York Digital Investment Group’s alternative investment manager, Stone Ridge Asset Management, has filed a new prospectus with the Securities and Exchange Commission , or SEC, to include Bitcoin (BTC) in […]
SEC chair says cryptocurrency is subject to security rulings
The Securities and Exchange Commission (SEC) Chairman Gary Gensler has stated that further regulations for the bitcoin market are on the way. SEC is expected to publish new guidelines on the regulation and registration of security-based swaps, which might include bitcoin, in the coming months. In a presentation to the American Bar Association’s Derivative and […]