SEC Requests Extension to Consider Ethereum ETF Options

The United States Securities and Exchange Commission (SEC) has decided to postpone making a decision on approving options for Ethereum exchange-traded funds (ETFs). The delay comes as the SEC continues to scrutinize the growing market of digital assets. Regulators are taking a cautious approach towards expanding the availability of ETFs tied to cryptocurrencies like Ethereum. [...]

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SEC Requests Pause in Lawsuit for Potential Resolution with Justin Sun

The Securities and Exchange Commission (SEC) has requested a stay in the case involving Justin Sun, seeking a potential resolution. The SEC’s move comes amid ongoing legal proceedings related to Sun’s activities in the cryptocurrency industry. Sun, a prominent figure in the crypto space and founder of TRON, has been embroiled in a legal battle [...]

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SBFs Strategic Political Maneuvering: Playing Both Sides of the Aisle Despite Republican Requests

The CEO of FTX, Sam Bankman-Fried (SBF), commented on former President Donald Trump’s recent appeal for donations. SBF expressed his skepticism about Trump’s plea, labeling it a “con” and urging people to be cautious. The cryptocurrency exchange executive warned individuals to thoroughly research before giving money to any cause, especially if it involves political figures. [...]

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SEC requests additional 28 days to address Coinbases appeal

Recently, renowned cryptocurrency platform Coinbase is embroiled in a legal battle with the US Securities and Exchange Commission (SEC). The SEC has requested an extension for the lawsuit against Coinbase, seeking more time to gather evidence and build their case. This development comes amidst a growing regulatory scrutiny on the cryptocurrency industry as a whole. [...]

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SEC Requests Feedback on In-Kind Redemption Option for Bitcoin and Ether Exchange-Traded Funds (ETFs)

The Securities and Exchange Commission (SEC) has provided guidance on in-kind redemptions for Bitcoin and Ether exchange-traded funds (ETFs). This decision marks a significant step in the regulation of digital asset securities. In-kind redemptions are a process where ETF shares can be redeemed for the underlying assets, such as Bitcoin and Ether, instead of cash. [...]

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FTX EU Launches Website for Customer Withdrawal Requests

FTX EU has launched a website for European customers to submit withdrawal requests following the global trading platform's collapse and bankruptcy in November 2022. The Cyprus Securities and Exchange Commission reportedly approved the new website domain name, which will only be used to pay back impacted customers and will not offer any products or services. (Read More)

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