SEC reportedly contracts AnChain.AI analytics firm to monitor DeFi industry
According to reports, the US Securities and Exchange Commission has agreed to pay blockchain analytics firm AnChain.AI $125,000 to help monitor and regulate the decentralized finance industry. An AnChain.AI company spokesman confirmed the arrangement with the federal regulator to Forbes on Friday , adding the SEC and blockchain startup have the opportunity to sign up […]
XRP litigation update: Court grants Ripple and the SEC’s request for an extension
According to Judge Sarah Netburn, Ripple and the SEC were successful in their request to extend the time for expert discovery. It was initially brought to our attention by James K. Filan, who revealed that the court had also granted an extension for submitting pre-motion letters in connection with a summary judgment action. A deadline […]
Jay Clayton, former SEC chairman joins Fireblocks
Jay Clayton, the former chairman of the Securities and Exchange Commission, has joined blockchain infrastructure provider Fireblocks as an advisor. In his new role, Clayton will aid Fireblocks in navigating the regulatory hurdles for developing and deploying digital asset infrastructure, especially around capital markets. Clayton admitted that he supports Fireblocks ‘ belief that “digital asset […]
Lawmakers urge CFTC and SEC to join participants in the crypto space for regulatory clarity
The letter written by two members of the house of representatives seems to request the two government agencies to act in collaboration with crypto participants to increase transparency. Two members of the US House of Representatives have written to the leaders of the Securities and Exchange Commission and the Commodity Futures Trading Commission, requesting that […]
Galaxy digital firm seeks the SEC approval for a Bitcoin Futures ETF
Crypto asset management company Galaxy Digital led by Mike Novogratz, has filed for a Bitcoin Strategy ETF. The fund would be called Galaxy Bitcoin Strategy ETF and also the fund would not invest directly in Bitcoin. The number of organizations filing for a Bitcoin Strategy ETF, which provides investors with exposure to the Futures market, […]