Analyst: Ethereum Futures ETFs May Begin Trading Next Week
Bloomberg analysts predict that Ether futures exchange-traded funds (ETFs) could begin trading in the United States early next week. James Seyffart, a Bloomberg Intelligence analyst, stated in an X post on September 28 that “looking like the SEC is gonna let a bunch of Ethereum futures ETFs go next week potentially.” His remarks responded to […]
Binance.US Chief Risk Officer And Legal Head Step Down
Binance exchange US leadership shake-up as Krishna Juvvadi and Sidney Majalya step down amidst SEC scrutiny. Just days after Binance’s departure. Following the release of US CEO Brian Shroder, the cryptocurrency exchange experienced another significant leadership change. Head of Legal Krishna Juvvadi and Chief Risk Officer Sidney Majalya are leaving. In addition to Juvvadi’s legal […]
SEC Adopt Rule Amendments Targeting Broker-Dealers
The SEC is targeting broker-dealers and private funds for greater supervision and transparency in the ever-changing securities landscape. Adopting rule amendments aimed at broker-dealers, the Securities and Exchange Commission (SEC) takes a bold step forward. Gary Gensler, chair of the SEC, stated, Some broker-dealers rely on outdated exemptions, creating a regulatory gap.” As a result, […]
XRP Attorney Gives Clarification on Secondary Sales
US SEC classifies each transfer of XRP as a security, regardless of the seller or the circumstances surrounding the transaction. The issue of XRP secondary transactions in the long-running U.S. Securities and Exchange Commission (SEC) vs. Ripple lawsuit remains crucial for the significant crypto assets. However, the XRP proprietors’ attorney suggests a ruling on XRP […]
Binance.US Pursues Revoking US SEC’s Request Over Its Funds
Binance.US has asked a federal judge to reject the SEC’s request to freeze its assets, contending that doing so will cease its operations. Binance, during a legal battle with the regulator, the US has urged a federal magistrate to deny the US SEC’s request to freeze assets on the cryptocurrency exchange. There are reports that […]