Chamber Of Digital Commerce Joins Binance in US SEC Lawsuit
The Chamber of Digital Commerce joins other digital asset companies, associations, law firms, and legislators in dismissing Binance v. U.S. SEC case. The foremost blockchain trade association in the world seeks to end the SEC’s attempt to regulate the cryptocurrency industry without authority from the U.S. Congress, thereby halting the SEC’s enforcement-based approach to regulation. […]
US SEC Accuses Binance.US of Not Cooperating With Investigation
In a court filing dated September 14, the United States Securities and Exchange Commission (SEC) accused Binance.US of non-cooperation in the ongoing investigation against the cryptocurrency exchange. In its court filing, the SEC noted that BAM, the holding company for Binance.US, has produced only 220 documents during the discovery phase. Numerous documents submitted under the […]
SEC Delays Spot Bitcoin ETFs Again, Crypto Market Drops
The SEC has postponed its decision on seven spot Bitcoin ETF applications, dampening the crypto market sentiment. This comes after Grayscale’s legal victory over the SEC, which had raised hopes for early approvals. The crypto market took a hit on Thursday as the U.S. Securities and Exchange Commission (SEC) delayed its decision on applications for […]
SEC Considers Ethereum Futures ETFs Amid Growing Demand
The US Securities and Exchange Commission (SEC) is reportedly ready to consider new applications for exchange-traded funds (ETFs) based on Ethereum futures contracts. Several prominent investment firms, such as ProShares, VanEck, and Volatility Shares, have filed their proposals to offer this innovative product to investors who want to bet on the future price of the […]
Bittrex U.S. to Allow Withdrawals After Court Ruling
The U.S. arm of crypto exchange Bittrex is set to open for customer withdrawals Thursday following a ruling by a Delaware bankruptcy court. After receiving a lawsuit from the SEC for running an unregistered securities exchange, the exchange filed for Chapter 11 bankruptcy in May. On May 8, Bittrex filed for Chapter 11 bankruptcy protection […]