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UNI price rises 20% after Uniswap Labs’ boldly defies SEC notice
22.5.2024
Uniswap Labs, developers of an effective decentralized trading platform, is being sued by the United States Securities and Exchange Commission. Uniswap Labs remains steadfast in its stance, persistently advocating for the classification of cryptocurrencies as securities. This discord emerged after...
Ether ETF confirmed? VanEck spot Ether ETF listed by DTCC
22.5.2024
VanEck’s ETF is currently designated inactive on the DTCC website, meaning it cannot be processed until it receives the necessary regulatory approvals
SEC's Gensler Says House Bill Would 'Undermine' Regulator's Crypto, Capital Markets Oversight
22.5.2024
The Financial Innovation and Technology for the 21st Century Act would hurt investors and hamper the U.S. Securities and Exchange Commission's work, SEC Chair Gary Gensler said Wednesday
Uniswap Fires Back at SEC’s Wells Notice, Calls Out ‘Weak’ Legal Arguments
22.5.2024
Uniswap Labs filed a 40-page response on Tuesday to the SEC’s Wells Notice, arguing against a potential lawsuit and urging the agency to drop the matter.
The post Uniswap Fires Back at SEC’s Wells Notice, Calls Out ‘Weak’ Legal Arguments appeared first on Cryptonews
PEPE Soars to All-Time High Spurred by Speculation of Spot Ether ETF Approval
22.5.2024
The Ethereum-based memecoin Pepe (PEPE) experienced a significant price surge of 40% since Monday to a new all-time high, fueled by the speculation that the U.S. SEC might approve spot ether exchange-traded funds (ETFs). Crypto traders and analysts, observing the movement between ether’s...
Ethereum Soars As Analysts Predict Higher Likelihood of ETF Approval
22.5.2024
Ether's price has surged over 20%, fueled by rumors that US regulators might finally approve Spot Ethereum ETFs. The price surge has surprised traders as most anticipated the SEC would delay or reject the first ether ETF by Thursday.
The post Ethereum Soars As Analysts Predict Higher Likelihood...
Nancy Pelosi mulls supporting Republican’s FIT21 crypto bill: Report
22.5.2024
The former House Speaker is reportedly considering support for the Republican crypto legislation, breaking from ranking Democrats
Peter Schiff Anticipates Outflows From Bitcoin ETFs to Ethereum ETFs Following SEC Approval
22.5.2024
Economist and gold bug Peter Schiff has cautioned that the approval of spot ethereum exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) could negatively impact spot bitcoin ETFs and bitcoin. Speculation is high that the SEC will approve spot ether ETFs this week,...
‘It’s happening’ — 5 Ethereum ETF bidders amend SEC filings
22.5.2024
Five U.S. asset managers bidding for an Ether ETF have amended their 19b-4 filings with the SEC
SEC’s Regulatory Overreach Challenged in Court: Motion Filed to Vacate ‘Dealer’ Rule
22.5.2024
Crypto Freedom Alliance of Texas and Blockchain Association filed a motion on May 17 to vacate the U.S. Securities and Exchange Commission (SEC)’s new Dealer Rule. The plaintiffs’ counsel argues that the SEC’s expanded definition of “dealer” exceeds its statutory...
SEC Files Opposition To Ripple’s Latest Motion
21.5.2024
A response to Ripple's move to redact and seal the company's business facts was filed by the US Securities and Exchange Commission (SEC) on May 21 in the parties' remedy briefings.
The post SEC Files Opposition To Ripple’s Latest Motion appeared first on Cryptonews
Uniswap responds to SEC Wells notice: ‘We are ready to fight’ for DeFi
21.5.2024
The company called for supporting U.S. lawmakers in favor of the Financial Innovation and Technology for the 21st Century Act, hinting the bill could nullify the SEC’s case
Several U.S. House Democrats Petition Colleagues to Join Yes Side on Crypto Bill
21.5.2024
The U.S. House of Representatives is on the verge of a vote on Wednesday that is widely expected to approve comprehensive cryptocurrency legislation with bipartisan support – a major milestone for the industry – and several Democrats there are pushing their colleagues to vote yes
CFTC Commissioner Summer Mersinger on Overzealous Crypto Regulation and the Need for Legislative Action
21.5.2024
The commodities regulator has been clear about the dangers of regulating a burgeoning industry through enforcement actions
Standard Chartered Now Expects SEC to Approve Spot Ethereum ETFs This Week
21.5.2024
Standard Chartered Bank has revised its forecast and now expects the U.S. Securities and Exchange Commission (SEC) to approve spot ethereum exchange-traded funds (ETFs) this week, with the bank’s head of digital asset research expressing 80% to 90% confidence. He estimates potential inflows...
US House of Representatives Set To Vote On Decentralization Bill
21.5.2024
The eagerly anticipated Decentralisation Bill, officially known as "The Financial Innovation and Technology for the 21st Century Act" (FIT21), is about to go to a vote in the US House of Representatives.
The post US House of Representatives Set To Vote On Decentralization Bill appeared first...
Uniswap Labs Urges SEC to Drop Pending Enforcement Action in Wells Response
21.5.2024
Uniswap Labs moved Tuesday to quash a looming regulatory battle over Ethereum's dominant decentralized crypto exchange, imploring the Securities and Exchange Commission in legal filings that its planned lawsuit wasn't worth the fight
SEC contacted exchanges to update spot Ether ETF applications: Report
21.5.2024
Officials reportedly contacted the Nasdaq, the Chicago Board Options Exchange and the New York Stock Exchange to make updates and changes to existing spot Ether ETF applications
Democratic House Leadership Will Not Whip FIT21 Despite Strong Opposition: Politico
21.5.2024
Democratic House leadership will not whip party members against voting for FIT21, an email from the Democratic Whip's office obtained by Politico reveals. The House is expected to vote on the landmark crypto regulatory framework sometime on Wednesday.
The post Democratic House Leadership Will...
Crypto insiders anxious and divided as spot Ether ETF decision date looms
21.5.2024
Currently, betting markets indicate a 61% chance of U.S. spot Ether ETF approval, up from less than 11% just a few days ago