What Has the Blockchain Association Actually Achieved?
Blockchain Association CEO Kristin Smith said crypto lobbyists helped beat back disastrous regulations on “unhosted wallets.” (Shutterstock/CoinDesk)
SEC
The Protocol: The CFTC Is Cracking Down on Crypto
The U.S. Commodity Futures Trading Commission placed a trio of decentralized crypto platforms into its crosshairs last week. An aggressive set of charges from the CFTC – which zeroed in on how the trading platforms handle certain kinds of third-party token swaps – contrasted with the regulator’s more lenient image.
Crypto Firm LBRY to Challenge Ruling It Violated U.S. Securities Law
The blockchain-based file-sharing network had indicated it would be winding down after a New Hampshire court ruled in favor of the SEC last November.
Cathie Wood’s ARK Invest Files for First Spot Ether ETF
The Ark 21Shares Ethereum ETF is the first attempt to list such a fund in the U.S. that directly invests in ETH, the second largest cryptocurrency by market capitalization.
SEC Has ‘No Grounds’ to Reject Bitcoin ETF Conversion, Grayscale Says
The SEC was last week ordered to review its prior rejection of the conversion of the Grayscale Bitcoin Trust (GBTC), though not necessarily to approve it.
Stop Thinking About ‘Wins’ or ‘Losses’ in the Bitcoin ETF Debate
(GR Stocks/Unsplash, modified by CoinDesk)
SEC Hasn’t Met Requirements to Argue for an Appeal, Ripple Says
Ripple made its case to a federal judge for why the U.S. Securities and Exchange Commission shouldn’t be able to appeal her ruling on its programmatic sales of XRP on Friday.
SEC Delays Spot Bitcoin ETF Decision for All Applicants Including BlackRock, Fidelity
The U.S. Securities and Exchange Commission (SEC) delayed making a decision on any bitcoin exchange-traded fund applications filed earlier this year.
Bitcoin ETF Applications Are Bitcoin’s Best Marketing Strategy
Bitcoin ETFs are a flashbulb moment for Wall Street on the importance of global money. (Jack Carter/Unsplash, modified by CoinDesk)
U.S. Court Calls ETH a Commodity While Tossing Investor Suit Against Uniswap
A New York judge declined to “stretch the federal securities laws to cover the conduct alleged” in a proposed class action complaint seeking to hold Uniswap accountable for “scam tokens” issued on the protocol.