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SEC Extends Review Period for Bitcoin Trust Options Trading Proposals


The U.S. Securities and Exchange Commission (SEC) has announced an extension for its decision on proposed rule changes from various self-regulatory organizations regarding the listing and trading of options on trusts holding bitcoin. The organizations involved include Box Exchange LLC, Cboe...

7 US States Unite to Challenge SEC’s Crypto Overreach


Seven U.S. states have united in a coalition to challenge the U.S. Securities and Exchange Commission’s (SEC) regulation of cryptocurrency. The states filed an amicus brief arguing that the SEC’s “power grab” would stifle innovation, harm the crypto industry, and exceed...

SEC and 100 Agencies Form Council to Combat Securities Fraud


The U.S. Securities and Exchange Commission (SEC) has established the Interagency Securities Council (ISC) to enhance coordination among federal, state, and local agencies on securities fraud. The ISC aims to improve fraud prevention, share insights on emerging threats, and foster a unified...

SEC approves Grayscale & ProShares spot Ethereum ETFs for trading


The US SEC (Securities and Exchange Commission) has approved 2 Ethereum ETFs for trading. The ETFs will be listed on the NYSE’s (New York Stock Exchange) Arca trading platform.  The news was officially shared by the SEC in its July 17 filing. The notice stated that the approval of the Form 19b-4...

SEC Commissioner Peirce Discusses Staking in Ethereum ETFs


In January 2024, the crypto ecosystem witnessed tradable ETFs for the first time in DeFi history. The spot Bitcoin ETFs have been trading for six months now. The second half of 2024 will see the launch and trade of ETH ETFs in American markets.  The United States SEC Hester Peirce, often known...

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