SEC

Perkins Coie Partner Keith Miller highlights the SEC's "bad two months," punctuated by legal setbacks such as the DC Circuit Court's ruling in favor of Grayscale. "The last two months have shown these decisions and particularly shown a crack in the SEC's crypto foundation," Miller states, suggesting a more favorable landscape for spot bitcoin ETFs. Grayscale and CoinDesk are both owned by Digital Currency Group (DCG).

Aug 31, 2023

Impact Theory, a California-based media company, will pay $6.1 million as part of a settlement with the U.S. Securities and Exchange Commission (SEC) on charges it conducted sales of NFTs as unregistered securities offerings, the agency's first enforcement action of its kind. Impact Theory CEO Tom Bilyeu shares insights into the case and the outlook for regulatory clarity. "Hopefully, everything that we've gone through helps paint the path forward for the entire industry," Billyeu said.

Aug 31, 2023

The U.S. Securities and Exchange Commission (SEC) has 45 days to appeal a federal circuit court's decision saying the agency must review Grayscale Investments' application to launch the first spot bitcoin ETF. Perkins Coie Partner and former SEC enforcement lawyer Keith Miller shares insights into the next steps, explaining why this is a "crack in the SEC's cryptocurrency foundation." Grayscale and CoinDesk are both owned by Digital Currency Group (DCG).

Aug 31, 2023

Markets

L'augmentation de la taille moyenne des transactions pourrait suggérer que les grands traders sont plus actifs, a déclaré le cabinet de recherche Kaiko.

By Lyllah LedesmaAug 30, 2023

Broker Bernstein said in a research report that Grayscale's landmark win against the U.S. Securities and Exchange Commission (SEC) increases the likelihood the agency might approve all bitcoin spot ETF applications together. "The Hash" panel weighs in on the legal victory. Grayscale and CoinDesk are both owned by Digital Currency Group (DCG).

Aug 30, 2023

The U.S. Securities and Exchange Commission (SEC) issued its first NFT-related enforcement action, charging Los Angeles-based entertainment company Impact Theory on allegations the NFTs that were sold on the platform were actually unregistered securities. Hermine Wong, herminewong.xyz principal and former SEC Special Counsel, breaks down the SEC's argument and the potential outcomes. "No one can say NFTs are securities, and the order doesn't tell us that," Wong said. 

Aug 30, 2023

Hermine Wong, former Coinbase Head of Policy and Principal at herminewong.xyz, questions Securities and Exchange Commission Chair Gary Gensler's piecemeal legal actions, stating "This inconsistent, case-by-case approach is confusing and ineffective. Overall, this strategy of being the enforcer as chair is starting to crumble."

Aug 30, 2023

Bitcoin (BTC) topped $28,000 before retreating slightly after a federal appeals court ruled that the SEC must review its rejection of Grayscale Investments' attempt to convert its GBTC into an ETF. Kaiko Director of Research Clara Medalie discusses the potential factors moving bitcoin's price higher and the impact of Grayscale's court win. Grayscale and CoinDesk are both owned by Digital Currency Group (DCG).

Aug 30, 2023

The SEC must review its rejection of Grayscale Investments' attempt to convert the Grayscale Bitcoin Trust (GBTC) into an ETF, a federal court ruled. Grayscale Investments Chief Legal Officer Craig Salm discusses the legal victory potentially paving the way for a spot bitcoin ETF in the U.S. and the broader implications for the crypto industry. Grayscale and CoinDesk are both owned by Digital Currency Group (DCG).

Aug 30, 2023

By Sheila WarrenAug 30, 2023