In the ongoing Ripple vs. SEC legal battle, the SEC recently filed an opposition against Individual Defendants’ Motion challenging the SEC’s improper assertion of the Deliberative Process and other privileges (DPP). The Commission has asserted its position against the discovery of internal and inter-agency documents protected by DPP. The SEC urged the court not to […]
After filing the Bitcoin and Ethereum Trusts, Grayscale, the world’s largest cryptocurrency asset manager, has successfully listed its Digital Large Cap Fund with the SEC as a reporting product. The behemoth digital asset manager has also filed three other Registration Statements with the regulatory body. The investment company filed a Registration Statement on Form 10 […]
Famous investment company Ark Invest has just announced a Bitcoin ETF filing with the SEC. The firm revealed that it partnered with 21Shares in its ETF undertaking because of its experience in this field. The proposed BTC ETF will get listed as ARK 21Shares Bitcoin ETF. The proposed ETF will track the performance and price […]
The US Securities and Exchange Commission (SEC) intends to file a motion tomorrow to suppress the deposition subpoena issued by Ripple Labs on a former SEC official. The suppression motion getting pushed by the Commission comes as the SEC argues that the questioning of a former official under oath was unacceptable. That said, the decision […]
The new US Securities and Exchange Commission (SEC) Chairman, Gary Gensler, has urged Congress to pass cryptocurrency legislation to protect investors. Gensler revealed that the Commission is working with the Commodity Futures Trading Commission (CFTC) and the US Treasury Department to tackle the illicit use of cryptocurrencies. Gensler explained to the subcommittee in Congress that […]
