Asset management giant BlackRock has submitted a request to the Securities and Exchange Commission (SEC) for approval to list the BlackRock Ethereum Trust on the Nasdaq exchange. This move comes after BlackRock registered its iShares Ethereum Trust with Delaware, indicating that an SEC filing was imminent. Unlike existing products such as the Grayscale Ethereum Trust, […]
Securities and Exchange Commission (SEC) Chair Gary Gensler has indicated that the agency is open to the possibility of the exchange resuming operations. Following Gensler’s comments at the DC Fintech Week conference, the native token of FTX, FTT, has experienced a significant price surge of 90%. Gensler responded to a question about former New York […]
BlackRock, a prominent investment management firm, has taken a significant step towards filing for an Ethereum Exchange-Traded Fund (ETF). The company recently registered the iShares Ethereum Trust in Delaware, a move reminiscent of its previous registration for a Bitcoin Trust. This development highlights Ethereum’s potential as an asset class in institutional investment portfolios. However, it […]
US Republican House Majority Whip Tom Emmer has introduced an appropriation amendment aimed at curbing the power of Securities and Exchange Commission (SEC) Chair Gary Gensler. Emmer criticizes Gensler’s anti-crypto stance, accusing him of regulatory abuse that stifles American innovation and capital formation. The amendment, which was unanimously passed by the US House of Representatives, […]
SEC Chair Gary Gensler’s recent comments have sparked a surge in the value of FTT tokens. Gensler hinted that FTX, which had previously faced bankruptcy, could potentially make a comeback if it adheres strictly to the law. This news has caused FTT tokens to rally by an impressive 90%. Investors are optimistic about the potential […]
SEC Chair Gary Gensler has expressed openness to a potential reboot of the bankrupt cryptocurrency exchange FTX, as long as the new leadership operates within the boundaries of the law. Gensler emphasized the importance of building investor trust, proper disclosures, and avoiding conflicts of interest. Tom Farley, former president of the New York Stock Exchange […]
Pro-crypto Congressman Tom Emmer has introduced an amendment to the federal budget that aims to prevent the Securities and Exchange Commission (SEC) from using government funds for crypto enforcement activities. The amendment, which has passed unopposed, states that the SEC cannot engage in enforcement related to digital asset transactions until Congress grants the agency jurisdiction […]
Binance, a major cryptocurrency exchange, is facing a lawsuit from the United States Securities and Exchange Commission (SEC) for allegedly selling unregistered securities and operating as an unlicensed exchange in the country. In response, Binance has filed a motion to dismiss the lawsuit, arguing that the SEC’s interpretation of securities laws is flawed and that […]
Rep. Tom Emmer (R-MN) delivered a scathing speech on the House floor, criticizing Securities and Exchange Commission (SEC) Chair Gary Gensler for his handling of digital asset regulation. Emmer accused Gensler of being ineffective and incompetent, pointing out that the SEC has pursued enforcement actions against the digital asset industry without finalizing any rules or […]
Former US President Donald Trump’s cryptocurrency holdings have experienced a significant surge in value, according to recent disclosures. Trump’s wallet, previously estimated at $2.8 million, has seen an increase of over $15,000 in the last 24 hours due to Bitcoin’s recent rally. This surge not only highlights the growing importance of digital assets but also […]
