U.S. Securities and Exchange Commission
WisdomTree Exec 'Not Surprised' by SEC's Spot Bitcoin ETF Rejection
The U.S. Securities and Exchange Commission (SEC) rejected WisdomTree's application for a spot bitcoin ETF this week. WisdomTree Head of Digital Assets Will Peck discusses why he's "not surprised" by the SEC's decision and the outlook for ETFs. Plus, his take on Grayscale calling its spot bitcoin ETF rejection "arbitrary, capricious and discriminatory."
Legal Expert on SEC Reportedly Probing Yuga Labs Over Unregistered Offerings
The U.S. Securities and Exchange Commission is probing Yuga Labs, the creator of the Bored Ape Yacht Club NFT collection, over whether sales of its digital assets violate federal law, according to a report from Bloomberg, citing an unnamed source close to the matter. Former SEC Branch Chief and current Managing Partner at Perkins Coie LLP Valerie Dahiya discusses the legal implications of non-fungible tokens (NFTs) and whether digital collectibles are securities.
Bitcoin Investment Firm NYDIG Raised $720M for Digital Asset Fund, CEO Gutmann Departs
Bitcoin investment company NYDIG raised $720 million for its institutional digital asset fund a few days before its CEO Robert Gutmann said he was leaving the company. NYDIG raised the funds from 59 investors at an average contribution of $12 million, the firm said in a filing with the U.S. Securities and Exchange Commission (SEC) last week.
Kim Kardashian's Crypto Promotion 'Was a Gift to the SEC': Former SEC Enforcement Branch Chief
Lisa Bragança, former U.S. Securities and Exchange Commission (SEC) Enforcement Branch chief and Bragança Law owner, discusses the regulatory implications of reality TV star Kim Kardashian paying a $1.26 million fine to the SEC for promoting the cryptocurrency EthereumMax without disclosing payment. "This was a gift to the SEC and Chairman Gensler," Bragança said.
SEC Charges the Hydrogen Technology Corp With Market Manipulation
The Securities and Exchange Commission announced charges against the Hydrogen Technology Corporation and its former CEO Michael Ross Kane for allegedly creating a manipulated market for its crypto asset securities called “Hydro.” CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the charges and what this means for crypto regulation.
Former Washington Insider on Future of US Crypto Regulation
Should the Ethereum network be subject to U.S. securities law? That question is at the heart of an SEC case against crypto promoter Ian Balina. Blockchain Foundation’s Executive Director Cleve Mesidor discusses the lawsuit and what it could mean for Ethereum. Plus, a debate on crypto's risks and opportunities.
MicroStrategy Doubles Down on Bitcoin With Purchase of Additional 301 BTC
MicroStrategy (MSTR) bought 301 bitcoins (BTC) between Aug. 2 and Sept. 19 for about $6 million, according to a filing with the U.S. Securities and Exchange Commission. The recent purchases increased the company’s total bitcoin holdings to almost 130,000. “The Hash” panel breaks down the investment.
Gensler on Regulation Crypto Exchanges, Combating Money Laundering
In a response to a question from Senator Cortez Masto (D-Nev.), SEC Chair Gary Gensler explains his approach to regulating cryptocurrency exchanges and addresses concerns surrounding crypto’s role in money laundering.
Report: SEC Probing Coinbase for Allegedly Listing Securities
Bloomberg reports the U.S. Securities and Exchange Commission (SEC) is probing crypto exchange Coinbase on claims that it allowed U.S. persons to trade unregistered securities. CoinDesk Global Policy and Regulation Deputy Managing Editor Jesse Hamilton discusses the regulatory implications and the latest on U.S. stablecoin legislation.
Legal Expert Weighs in on Alleged Crypto Insider Trading Case
Following a former Coinbase employee being arrested over allegations of insider trading, the U.S. Securities and Exchange Commission (SEC) formally declared nine digital tokens as "securities," continuing its practice of defining its crypto oversight through enforcement actions. Akin Gump Strauss Hauer & Feld Partner Ian P. McGinley shares his insights into the legal and regulatory repercussions, and outlook for crypto regulation in the United States.
