Asset Managers Amend Ether ETF Filings
Five U.S. asset managers have amended their 19b-4 filings with the SEC for a spot Ether ETF, raising hopes for potential approval by removing provisions for Ether staking.
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Philippines to Roll Out Crypto Regulations in 2024
The Philippine Securities and Exchange Commission (SEC) plans to introduce comprehensive regulations for cryptocurrencies in the second half of 2024, aimed at governing crypto trading while protecting investors.
Franklin’s Ethereum ETF Listed on DTCC Ahead of SEC Ruling
Franklin Templeton has listed its spot Ether exchange-traded fund (ETF) on the Depository Trust and Clearing Corporation (DTCC) website, a significant platform for securities transactions in the United States. However, this listing does not guarantee approval from the SEC for the proposed ETF.
XRP Whales Trigger Speculation Amid New Ripple Lawsuit Order
As XRP whales move over 180 million coins, speculation arises regarding the impact on XRP price, coinciding with a new order from a Magistrate Judge in the ongoing Ripple vs. SEC lawsuit.
SEC Lawyers Resign After Judge Sanctions Regulator for “Gross Abuse” in Crypto Case
Two Securities and Exchange Commission lawyers resigned after facing potential termination following a federal judge’s sanctions and sharp rebuke of the regulator for “gross abuse” of power in a crypto case against Digital Licensing Inc. (DEBT Box).
Consensys Defends Ethereum’s PoS Security, Urges SEC Approval for Spot ETH ETFs
Consensys, the Ethereum infrastructure firm, has submitted a comment letter to the SEC defending Ethereum’s proof-of-stake (PoS) security and urging the approval of spot Ether exchange-traded funds (ETFs).
US Lawmakers Demand SEC Clarity on Ethereum’s Regulatory Status
A group of Republican lawmakers has formally requested the SEC Chair Gary Gensler to provide clear guidance on the regulatory stance regarding the custody of Ethereum (ETH) by Special Purpose Broker-Dealers (SPBD).
SEC Seeks Unprecedented $2B Fine from Ripple: A Regulatory Overreach?
The U.S. Securities and Exchange Commission (SEC) has reportedly asked a federal judge to impose a staggering $2 billion in fines and penalties against Ripple Labs, a move that has been described as an attempt to “punish and intimidate” the blockchain firm and the wider crypto industry.
XRP Rallies on Rebounding Crypto Demand and SEC Scrutiny
XRP gained 3.34% on Wednesday, partially reversing Tuesday’s losses, as demand for Bitcoin and the broader crypto market rebounded, aided by positive comments from Fed Chair Powell and increasing scrutiny over the SEC’s actions in crypto-related cases.
Ongoing SEC Investigation Clouds XRP Lawsuit Appeal Plans
An ongoing investigation into conflicts of interest at the SEC related to cryptocurrency regulation may threaten the agency’s plans to appeal a court ruling in its case against Ripple.