SEC

The post Crypto Market Awaits SEC Verdict: Ethereum ETF Approval Speculations appeared first on Coinpedia Fintech News Amidst regulatory anticipation, market analysts are eagerly awaiting the Securities and Exchange Commission’s decision to approve or disapprove an Ethereum exchange-traded fund. Speculations have emerged regarding the potential approval, sending major waves through financial circles.  Thenceforth, Fox Business’ Senior Correspondent Charles Gasparino has weighed in on the outcome’s potential implications for Ethereum and the larger cryptocurrency market. Breaking: If the @SECGov does approve…

The SEC has filed its final rebuttal against Ripple’s request to seal financial documents. The SEC argues that the financial details are crucial for determining penalties, while Ripple claims disclosure could harm its competitive position. The legal confrontation between Ripple Labs and the US Securities and Exchange Commission (SEC) has reached a pivotal moment. On May 20, 2024, the SEC filed a comprehensive rebuttal to Ripple’s request to seal certain financial documents. This marks the final submission before Judge Analisa…

The post SEC Chair Gensler Criticizes FIT21 Act, Citing Investor Protection Risks appeared first on Coinpedia Fintech News On Wednesday, U.S. Securities and Exchange Commission Chair Gary Gensler criticized the proposed Financial Innovation and Technology for the 21st Century Act, or FIT21 Act, which aims to overhaul the cryptocurrency industry’s regulatory framework.  Gensler warned that the proposed bill could undermine decades-old investor protections and create major regulatory gaps. Let’s examine Gensler’s key concerns. Potential Regulatory Gaps Gensler emphasized that moving…

VanEck's proposed Ethereum spot ETF has been listed on the DTCC under the ticker $ETHV, but it remains inactive pending SEC approval. DTCC Listing: What It Means VanEck's proposed spot Ethereum ETF has been listed on the Depository Trust and Clearing Corporation (DTCC) under the ticker $ETHV. This development marks a significant step forward for the ETF, despite not assuring approval from the US Securities and Exchange Commission (SEC). The DTCC, which provides post-trade clearance, settlement, custody, and information services,…

Uniswap Labs has responded to the Wells Notice issued by the United States Securities and Exchange Commission, arguing that its aggressive theories stretch the commission’s reach beyond its jurisdiction.  The Securities and Exchange Commission (SEC) alleged that the Uniswap DEX acted as Uniswap Labs’ unregistered securities exchange and broker-dealer.  Uniswap Responds To Wells Notice  Uniswap had received a Wells Notice from the SEC notifying it that the regulator believed it had broken the law. The SEC accused Uniswap of being…

Standard Chartered Bank predicts SEC approval of Spot Ethereum ETFs could attract $15 to $45 billion in the first year. Geoff Kendrick parallels these expectations with the historically accurate predictions for Bitcoin ETFs. According to a recent update from Crypto News Flash (CNF), Standard Chartered Bank expects the United States Securities and Exchange Commission (US SEC) to approve Spot Ethereum ETFs shortly. Today’s post, updated by Coin Market Cap, features Geoff Kendrick, the bank’s head of FX Research and Digital…

The SEC strongly opposes Ripple’s attempt to seal sensitive documents, highlighting the importance of public access to crucial information. Despite legal challenges, Ripple’s XRP token demonstrates a positive market trend, reflecting robust investor confidence. In a recent development that captivated the cryptocurrency community, the SEC has reiterated its objection to Ripple Labs’ motion to seal certain documents pivotal to the XRP token sale lawsuit. According to blockchain expert Collin Brown’s tweet, this legal tussle highlights a significant clash over the…

The post Uniswap Fights Back Against SEC, Prepared for Court Battle appeared first on Coinpedia Fintech News Uniswap has responded to the SEC Wells notice, accusing the agency of overreach. CEO Hayden Adams criticized the SEC’s harmful approach towards consumers and innovation. Uniswap argues that it does not require broker registration, asserting that its transactions aren’t securities and comparing itself to Coinbase Wallet, which was defended in a similar lawsuit. Additionally, Uniswap disputes claims about its roles of solicitation and…

The post SEC Indicates to Exchanges a Likely Approval for Spot Ethereum ETFs, Listings Expected This Week: Sources appeared first on Coinpedia Fintech News The U.S. Securities and Exchange Commission (SEC) is reportedly leaning towards approving exchanges for listing Ethereum spot ETFs (Exchange-Traded Funds). According to sources familiar with the matter and a report by Barron’s, the regulatory body made comments that suggest the approval process is moving forward and could be finalized as early as this week. SEC Is…