United States Securities and Exchange Commission (SEC)
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The judge asked the SEC to explain the relationship between Bitcoin futures and spot prices
It is reported that the two sides have held a court debate in the District of Columbia Court of Appeal against the rejection of Grayscale Investment’s application to convert GBTC into Bitcoin spot ETF by the United States Securities and Exchange Commission (SEC). The SEC believes that Bitcoin futures ETF is more resistant to manipulation than the spot market, and takes this as one of the reasons for rejecting Grayscale’s spot ETF application. Interpretation of this information: Grayscale Investments, the world’s largest digital asset manager, has been facing regulatory hurdles…
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US SEC: Do Kwon and Terraform transferred more than 10000 Bitcoins and cashed out US $100 million through Swiss bank
According to reports, the United States Securities and Exchange Commission (SEC) said that Do Kwon and its company transferred more than 10000 Bitcoins from the project and exchanged some of them for cash through a Swiss bank. Interpretation of this information: The announcement that Do Kwon and his company have reportedly transferred over 10,000 Bitcoins from their project and exchanged some of the digital currency for cash through a Swiss bank has sparked concerns from regulators. The United States Securities and Exchange Commission (SEC) has released a statement expressing their…
