SEC

SEC announces its decision on the spot Bitcoin ETF application by ARK Invest; the expectations of ARK Invest CEO have been met.

Time is running out for the SEC, decision time is coming; SEC can initiate a new bull run by approving multiple Bitcoin ETFs.

Galaxy Digital's CEO, Mike Novogratz, has hinted at a possible approval of a Bitcoin ETF within the next six months. This prediction comes amidst the ongoing anticipation surrounding the SEC's decision on Bitcoin ETF applications. However, SEC Chair Gary Gensler has previously voiced concerns about the vulnerability of spot Bitcoin ETFs to manipulation.

SEC is reviewing and evaluating spot Bitcoin ETFs; So how does this process work? Which ETFs are approaching decision day?

Coinbase achieved higher-than-expected revenue in the second quarter of the year and announced that it will take action to dismiss the lawsuit filed by the SEC.

This article delves into the significant events that have shaped the cryptocurrency landscape, focusing on the role of Gensler and the effects of Biden's executive order, the LUNA/UST crash, and the FTX incident.

In a recent interview, Gary Gensler, Chairman of the U.S. Securities and Exchange Commission (SEC), voiced his apprehensions about the risks associated with cryptocurrencies, particularly Bitcoin. He also expressed his reservations about the approval of Bitcoin ETFs due to compliance issues in the crypto sector. Furthermore, he discussed the ongoing XRP lawsuit, stating that the SEC would not act on the court's ruling unless advised by its staff.

The US House Agriculture Committee has given the green light to the 'Financial Innovation and Technology Act for the 21st Century', a move aimed at fostering innovation in the cryptocurrency sector by setting clear guidelines. However, the bipartisan Stablecoin Act did not make headway due to failed negotiations.