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SEC Orders First Trust and SkyBridge to Declare ETF Application as Abandoned


The SEC has instructed First Trust Advisors and SkyBridge Capital, the hedge fund led by former White House Communications Director Anthony Scaramucci, to mark their Bitcoin ETF application as abandoned. The post SEC Orders First Trust and SkyBridge to Declare ETF Application as Abandoned appeared...

Coinbase Files Legal Challenge Against SEC for Crypto Regulation Clarity


In a significant legal confrontation, Coinbase has filed a challenge against the U.S. Securities and Exchange Commission (SEC) in the Third Circuit, contesting the SEC’s refusal to establish clear rulemaking for digital assets. San Francisco Crypto Exchange Coinbase Initiates Legal Action Against...

Coinbase Sues SEC for Crypto Rulemaking Refusal, Calls for Clarity


Coinbase takes legal action against the SEC, pressing for a court order to compel the regulatory body to start developing specific rules for crypto operations and oversight. The post Coinbase Sues SEC for Crypto Rulemaking Refusal, Calls for Clarity appeared first on Cryptonews

Binance.US Revenue Plummets 75% Amid Fallout from SEC Lawsuit


Binance.US lost three-quarters of its revenue after the SEC sued it, according to a new legal filing of a deposition in December 2023 by Chief Operations Officer Christopher Blodgett. “Our trading volumes and business more generally have imploded,” said Blodgett after the SEC froze Binance.US’...

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