A hearing with U.S. House Committee and the SEC on Tuesday made clear that everybody wants a crypto regulation program but nobody wants to act first. Yesterday, Sept. 24, Cointelegraph reported from the United States House Financial Services hearing with the chairman and four commissioners of the Securities and Exchange Commission (SEC). The hearing was […]
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The U.S. SEC has begun proceedings on the proposed rule change to securities laws to list Wilshire Phoenix’s Bitcoin ETF. The United States Securities and Exchange Commission (SEC) has initiated proceedings regarding the Wilshire Phoenix Bitcoin (BTC) exchange-traded fund (ETF) proposal. According to a Sept. 24 public filing, the SEC started proceedings to determine whether […]
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CBOE withdraws its VanEck/SolidX Bitcoin ETF, leaving the SEC with just two similar but less popular proposals. On Sept. 17, the Chicago Board Options Exchange’s BZX Equity Exchange withdrew its VanEck/SolidX Bitcoin exchange-traded fund (ETF) proposal a month ahead of the review deadline. The United States Securities and Exchange Commission (SEC) — the regulator on […]
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Exploring the quantity theory of money and the effect tokenization could have on future demand for commercial real estate investments. The concept of illiquidity discounts, how it relates to markets like commercial real estate, and the benefits that tokenization could bring to the industry are topics that I have already discussed in previous articles. In […]
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Bitwise has chosen BNY Mellon to act as transfer agent and administrator for its proposed Bitcoin exchange-traded fund. Bank of New York Mellon has been appointed to serve as transfer agent and administrator of Bitwise Asset Management’s proposed Bitcoin (BTC) exchange-traded fund (ETF). Bitwise amended the S-1 form that it submitted to the United States […]
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In a recent interview, Securities and Exchange Commission Chairman Jay Clayton says there is more work to be done before approving a Bitcoin ETF. United States Securities and Exchange Commission (SEC) Chairman Jay Clayton recently spoke with CNBC’s Bob Pisani regarding the regulator’s latest take on Bitcoin (BTC) exchange-traded funds (ETFs). ‘Progress is being made’ […]
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The Australian Securities Exchange signed a three-party MoU to work on blockchain projects in Australia and New Zealand. The Australian Securities Exchange (ASX) has made new partners to apply blockchain to its registry, settlement and clearing systems (CHESS) in 2021. VMware and Digital Asset step in The ASX confirmed its anticipation of delivering the CHESS […]
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Three crypto ETF proposals are in limbo as the SEC delays again. Let’s take a look at the history of the SEC’s dealings with the applications… The long and uncertain road toward crypto exchange-traded funds (ETFs) being approved by the United States Securities and Exchange Commission (SEC) took its latest turn on Aug. 12, when […]
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After about a year without traction, a class action suit against Ripple has opted to cite SEC guidelines in arguing that XRP is a security. XRP investor Bradley Sostack has amended a class action suit against Ripple, in which he alleges that the company misled investors and proceeded to sell XRP as an unregistered security, […]
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The United States Securities and Exchange Commission has delayed its decision on three Bitcoin ETF applications until autumn. The United States Securities and Exchange Commission (SEC) has delayed its decision on three Bitcoin (BTC) exchange-traded fund (ETF) proposals. According to documents published on Aug. 12, the SEC has will put off a formal decision on […]
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