Securities and Exchange Commission (SEC)

One Step Forward, Two Steps Back: SEC Approves Bitcoin/Ethereum Futures ETFs, but Remains Cautious on Bitcoin Spot ETFs. Crypto Community, Financial Institutions, and U.S. Officials Grow Impatient. When Will Gary Gensler's Team Decide on Bitcoin Spot ETFs? A Former BlackRock Executive Shares Insights.

The crypto community continues to closely monitor the legal battle between Ripple and the SEC. The reason is simple: the outcome of this legal saga will be crucial for the cryptocurrency market. And precisely, some news could change the game definitively. At the very least, it hints at a victory for Ripple against the SEC.

Since Grayscale's recent victory over the SEC, the potential approval of a Bitcoin ETF has piqued the hopes of the crypto community. A recent rumor on the matter seems to fan these hopes even further. However, it remains to be confirmed.

October starts off on a high note for cryptocurrency enthusiasts. We're referring to the sudden rally that is currently propelling Bitcoin and Ethereum to new highs. Dubbed 'Uptober,' this unexpected surge is triggering optimistic forecasts within the crypto community. Leading up to it, the market has seen over $70 million in liquidated crypto shorts in just a matter of hours.

From the surprising cyberattack faced by Huobi, to the mounting pressure on the SEC regarding the approval of the Bitcoin ETF, and the bold initiative by NASA to use blockchain to authenticate its moon landings – the week has been full of twists and turns. And that's just a glimpse. Let's dive into these stories and more to start this new week with a clear view of the crypto horizon!

VanEck anticipates that its request for the deployment of an Ethereum ETF futures will receive approval from the SEC in the near future. This prediction is accompanied by an extensive charm offensive aimed at the crypto community. Recently, VanEck has made a commitment to donate a portion of its profits derived from its ETH ETFs to Ethereum. Details!

During a congressional hearing, SEC Chairman Gary Gensler reaffirmed that Bitcoin is not a security. However, he refrained from categorizing it as a commodity, leaving doubts about the exact classification of this flagship cryptocurrency.

The crypto arena is on the verge of a revolution. According to Bloomberg analysts, the first Ethereum Spot ETFs could make their debut in the U.S. market as early as next week.

No, it's not over yet! The ongoing dispute between Binance and the SEC seems far from reaching a resolution. However, it appears that BAM Trading and BAM Management, two entities of the crypto company, have been granted an extension to respond to court orders.

With over 100 million users, Binance easily claims the title of the world's largest cryptocurrency exchange. If CZ's exchange were to fall victim to the initiatives of U.S. regulators, others (Kraken, Coinbase, and the like) would melt away like snow in the sun. And apparently, the U.S. Department of Justice is preparing to launch an assault on this crypto behemoth with feet of clay.

In a climate of heightened anticipation, the crypto community eagerly awaits the SEC's verdict on Bitcoin spot ETFs. Several U.S. lawmakers, recognizing the significance of the matter, are actively urging the SEC to approve these ETFs without further delay.

Recently, the CEO of Binance stepped up to defend his highly popular cryptocurrency exchange. According to the latest news, Changpeng Zhao, aided by Binance.US lawyers, has asked the court to dismiss the US SEC's lawsuits. Let's break it down!

Given its trajectory, the legal battle between Binance and the SEC is expected to persist, akin to the Ripple case. The Securities and Exchange Commission appears to have multiple strategies at its disposal, while Binance remains resolute. Recently, its CEO, Changpeng Zhao (CZ), defended his cryptocurrency exchange on X (formerly Twitter). Here are the key points:

In a matter of minutes, the image of Brad Garlinghouse standing in front of the SEC headquarters with Ripple's General Counsel, Stuart Alderoty, went viral within the crypto community. The photo appears to highlight the ongoing tensions between Ripple and the SEC.

The crypto industry has been rocked by news of Bitcoin ETFs, a financial product that could revolutionize the way institutional investors interact with Bitcoin. Gracy Chen, CEO of Bitget, offers her perspective on the subject in this exclusive interview.

The ever-changing crypto arena recently witnessed a major victory for Grayscale, marking a significant rout for the SEC. At the heart of this event, two giants of the cryptosphere, Ripple and Coinbase, scan the horizon with renewed confidence.

September 1ᵉʳ is the deadline given to the U.S. Securities and Exchange Commission (SEC) to rule on Bitcoin ETF applications. This is the date by which Bitwise will know whether its ETF will win SEC approval. Five other applicants will receive a response from the regulator the following day, while one will have to wait until September 04.

The journey towards a potential Bitcoin ETF has so far been long and arduous. But some key decisions in the race are likely to be made this week. Meanwhile, the crypto faithful are waiting to see how things play out this time.

The legal battle between Ripple and the SEC remains fierce, constantly bringing new dimensions. Veteran crypto lawyer John Deaton has lifted the veil on a secret XRP memo, potentially decisive in influencing the outcome of the ongoing trial.

While the SEC is waging an anti-crypto war, the US regulator has just suffered a setback against Grayscale regarding the Bitcoin ETF. The federal court ruled today in favor of Grayscale's petition for review. In setting aside the SEC's order, the court ruled in favor of the American investment giant. This decision could pave the way for approval of the Bitcoin ETF.

The legal battle between Ripple and the SEC has reached a crucial stage, with major announcements regarding upcoming hearing dates and related deadlines. This battle, which has major implications for the future of Ripple and the crypto market, is taking a decisive turn. Let's dive into the latest developments in this thorny case.

The Binance liquidation scandal has taken another turn. US regulators, recently informed of the situation, may initiate an in-depth audit of the platform. A resounding event reminiscent of the beginnings of the FTX collapse.

After a rather rough week, XRP, Ripple's native crypto, is back in the spotlight. A significant rise that propels it to the top of the altcoin rankings. So who do we thank? To the whales, who are doing a remarkable job on the markets.

The Securities and Exchange Commission (SEC) continues to postpone its decision on Bitcoin ETFs. Despite this dilatory strategy, many observers remain convinced that these crypto index funds will see the light of day in the United States by 2024. Here are some explanations.

The legal battle between the SEC and Ripple Labs seems never-ending. Judge Torres has approved the request for an investment banker to appear as a declarant in the case between the two parties. The purpose of the declarant is to protect stakeholders in this context of uncertainty, in which the regulator has appealed the decision.

In an interview, Gary Gensler stresses that we shouldn't underestimate AI's potential to cause future financial crises. He therefore calls for rigorous regulation to minimize the risks.

Coinbase CEO Brian Armstrong said the SEC asked the platform to remove any assets other than Bitcoin from its list. All crypto assets except Bitcoin were, in fact, securities and had to be removed from the list, the regulator said. According to Armstrong, accepting this request would lead to the end of the crypto industry.

Cardano (ADA) puts in a string of masterful performances despite the regulatory crackdown in the USA. Just when everything seems to be going well, network founder Charles Hoskinson announces a fascinating update that should take Layer 2 solutions to the next level.