The United States Securities and Exchange Commission, or SEC, has officially disapproved the application for the ARK 21Shares Bitcoin exchange-traded fund (ETF). In a Thursday filing, the SEC rejected a proposed rule change from the Chicago Board Options Exchange, or Cboe, BZX Exchange to list and trade shares of the ARK 21Shares Bitcoin (BTC) ETF. The SEC said the proposed rule change, originally published for comment in the Federal Register in August 2021, would not be โโdesigned to prevent fraudulent and manipulative acts and practicesโ nor โprotect investors and the…
Tag: SEC
SEC Rejects Spot Bitcoin ETF Application From Ark 21Shares
The move continues a recent string of denials by the SEC of applications for spot bitcoin ETFs. Original
SEC Names Crypto an Exam Priority This Year โ Regulation Bitcoin News
The Securities and Exchange Commission (SEC) has listed crypto assets as an examination priority for market participants this year. โIn this time of heightened market volatility, our priorities are tailored to focus on emerging issues, such as crypto assets,โ said an official with the SEC Division of Examinations. Crypto Assets Among SEC Examination Priorities The Securities and Exchange Commissionโs Division of Examinations published its annual examination priorities Wednesday. Crypto is among the top priorities highlighted in the report this year. The Division of Examinations conducts the SECโs National Exam Program,…
Blockchain Security Firm CertiK Just Raised $88M, SEC Docs Show
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase…
US Firms Providing Custody Services Should Account for Crypto Assets as Liability, Disclose Risk, SEC Says
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase…
Galaxy Digital Tweaks BitGo Purchase Terms as It Awaits SEC Action
Speaking on the company earnings call Thursday morning, CEO Mike Novogratz said Galaxy tweaked the deal terms to reflect progress BitGo has made, including hiring over 150 people since the original agreement in May. โIt’s a bigger and better company,โ and Galaxy will continue to work on integration with BitGo, he said. Source
BIGGEST USA CRYPTOCURRENCY NEWS HAPPENING NOW! (ETHEREUM, XRP, BITCOIN, SOLANA)
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Let’s discuss the LATEST cryptocurrency news for bitcoin, ethereum, XRP, lower cap altcoins, & more! SLAP THE LIKE BUTTON! ๐ Earn Bitcoin Back w/ BlockFi Rewards Credit Card: Join us at Bitcoin 2022 Conference! Use code ALTCOINDAILY for 10% off: ๐ฐ Crypto Expert Makes SHOCKING Bitcoin Prediction for 2022 (Lengthening Cycles Theory): ๐ธ Gene Simmons REVEALS His 10x Cryptocurrency Portfolio for 2022: ๐ Raoul Pal’s Crypto Forecast for 2022: Altcoin Daily, the best cryptocurrency news media online! Is ethereum a good investment…
๐ด BIG CRYPTO NEWS – Kevin O' Leary Crypto Regulations – Microsoft Cryptocurrency Job – OKX Exchange
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io In Crypto news today Kevin O’Leary met with members of Congress to push for crypto regulations to help more institutional investors enter the market. Microsoft posts a bullish job posting. $1.3 billion was invested in crypto companies and funds this week. OKX exchange partners with Manchester City. NFT infrastructure startup Rarify has secured $10 million via a Series A led by Pantera Capital. Pizza chain Papa Johns is giving away NFTs minted on the Tezos blockchain. Sponsor ๐ฅ Sign Up with OkCoin…
Grayscale gears up for legal battle with SEC over Bitcoin ETF
Grayscale CEO Michael Sonnenshein said the firm is gearing up for a legal fight if Grayscaleโs Bitcoin Spot ETF product is denied by the United States Securities and Exchange Commission (SEC). In an interview with Bloomberg on Tuesday, March 29, Sonnenshein was asked if he would consider the Administrative Procedure Act (APA) lawsuit option if the application for its Bitcoin Spot ETF was denied by the financial regulator. โI think all options are on the table,โ he responded, highlighting the importance of continuing to advocate for investors. The next decision…
SEC could approve spot Bitcoin ETFs as early as 2023 โ Bloomberg analysts
Eric Balchunas and James Seyffart, exchange-traded fund analysts for Bloomberg, said that a proposed rule change with the United States Securities and Exchange Commission could be the catalyst for the regulatory body approving a spot Bitcoin ETF in mid-2023. In a Thursday tweet, Balchunas said crypto platforms could fall under the SECโs regulatory framework if the commission were to approve an amendment to change the definition of โexchangeโ proposed in January. The rule change would amend the Exchange Act to include platforms โthat make available for trading any type of…