Circle weighs in on SEC vs. Binance case, argues stablecoins are not securities
Circle noted that assets pegged to the U.S. dollar are not securities, partly because users are not expecting any profit from acquiring them.
Circle noted that assets pegged to the U.S. dollar are not securities, partly because users are not expecting any profit from acquiring them.
The company cites the inability to meet regulators’ requirements but says it intends to return to the Dutch market.
The new legislation aims to protect crypto investors from disputes, manipulation or fraud potentially stemming from transactions occurring off-chain.
The action reportedly came as a part of a general inquiry of French antitrust authorities into the cloud computing sector.
“I think he’ll get the maximum sentence” — one lawyer predicts the former FTX CEO could look at life behind bars if convicted of all seven charges.
Once Ethereum futures ETF and spot Bitcoin ETF applications get approved, there will be a marketing war like we’ve never seen says, Bloomberg ETF analyst Eric Balchunas.
The quest for higher stock prices is a constant theme in the financial media. However, this pursuit is not without its hurdles, and in the financial landscape, three formidable threats ...
The US Securities and Exchange Commission (SEC) has formally accepted the applications for Bitcoin Exchange-Traded Funds (ETFs) from Franklin Templeton and Hashdex, according to a Bloomberg analyst, James Seyffart. In addition to the Bitcoin ETF, Hashdex has also applied for an Ethereum ETF. The applications are now listed on the SEC's official website. Seyffart noted that the SEC's expedited acceptance, which often takes about a week, might have been influenced by concerns surrounding a potential government shutdown. These developments follow recent reports of Franklin Templeton submitting a 19b-4 document to the SEC to apply for a Bitcoin ETF, which has now triggered the commencement of an official review process for the ETF proposal.
-- Australian retail spending grew less than expected in August, barely expanding as consumers further cut back on spending amid continued pressure from historically...
Invesco, Bitwise and Valkyrie were also hit with delays by the U.S. Securities and Exchange Commission.