SEC Extends Comment Period on Grayscale Ethereum ETF Conversion, Decision Expected in Early 2024

The Securities and Exchange Commission (SEC) has extended the comment period on a proposed rule change that would allow NYSE Arca to list and trade shares of the Grayscale Ethereum Trust as an exchange-traded fund (ETF). The extension gives the SEC more time to consider the implications of the rule change, with a decision now […]

SEC Urges Judge to Determine Classification of Crypto Assets as Securities in Terraform Labs Lawsuit

The United States Securities and Exchange Commission (SEC) has requested the judge in the civil case against Terraform Labs and its co-founder Do Kwon to determine whether certain crypto assets should be classified as securities. The SEC aims to bypass a jury trial and have the judge decide on the regulatory status of Terraform Labs’ […]

SEC Urges Judge to Determine Classification of Crypto Assets as Securities in Terraform Labs Lawsuit

The United States Securities and Exchange Commission (SEC) has requested the judge in the civil case against Terraform Labs and its co-founder Do Kwon to determine whether certain crypto assets should be classified as securities. The SEC aims to bypass a jury trial and have the judge decide on the regulatory status of Terraform Labs’ […]

SEC Delays Decision on Grayscale’s Ethereum ETF Offering

The United States Securities and Exchange Commission (SEC) has postponed its decision on whether to approve or disapprove a spot Ethereum exchange-traded fund (ETF) offered by Grayscale, an asset manager. The SEC stated that it needs more time to consider the proposed rule change and the issues raised. As a result, the commission has designated […]

SEC Delays Decision on Grayscale’s Ethereum ETF Offering

The United States Securities and Exchange Commission (SEC) has postponed its decision on whether to approve or disapprove a spot Ethereum exchange-traded fund (ETF) offered by Grayscale, an asset manager. The SEC stated that it needs more time to consider the proposed rule change and the issues raised. As a result, the commission has designated […]

UBS Appoints Neil Barofsky as Independent Ombudsperson for Nazi-Linked Account Review

Neil Barofsky, the former watchdog appointed by the United States, is making a comeback in the financial world. This time, he has been assigned to oversee the investigation into the Swiss bank Credit Suisse’s handling of Nazi-linked accounts. Barofsky had previously worked on a similar investigation until he was dismissed by the bank. The decision […]

UBS Appoints Neil Barofsky as Independent Ombudsperson for Nazi-Linked Account Review

Neil Barofsky, the former watchdog appointed by the United States, is making a comeback in the financial world. This time, he has been assigned to oversee the investigation into the Swiss bank Credit Suisse’s handling of Nazi-linked accounts. Barofsky had previously worked on a similar investigation until he was dismissed by the bank. The decision […]

Swiss Cryptobank Seba Rebrands as Amina Bank to Accelerate Global Expansion

The first cryptocurrency bank in Switzerland, Seba, is undergoing a rebranding. The company announced on Friday that it will now be known as Amina Bank. Seba, which was founded in April 2018 and received a license from the Swiss Financial Market Supervisory Authority (FINMA) in 2019, aims to accelerate its expansion into foreign markets with […]

Swiss Cryptobank Seba Rebrands as Amina Bank to Accelerate Global Expansion

The first cryptocurrency bank in Switzerland, Seba, is undergoing a rebranding. The company announced on Friday that it will now be known as Amina Bank. Seba, which was founded in April 2018 and received a license from the Swiss Financial Market Supervisory Authority (FINMA) in 2019, aims to accelerate its expansion into foreign markets with […]

UBS Wealth Management Chief Iqbal Khan Denies Involvement in Greensill Scandal, Announces Ambitious Growth Plans

UBS top manager Iqbal Khan has denied any responsibility for the Greensill scandal that rocked Credit Suisse. In an interview with NZZ am Sonntag, Khan stated that he had never met or spoken with Alexander “Lex” Greensill, the founder of Greensill Capital. He also emphasized that both internal and external investigations by the Swiss Financial […]