The U.S. Securities and Exchange Commission (SEC) approved the long-awaited spot Bitcoin exchange-traded fund (ETF), marking a milestone for the world’s biggest cryptocurrency and the wider crypto industry. The approval came after a brief period of confusion in the market,
Nasdaq has filed a proposal to list shares of BlackRock’s newly registered Ethereum Trust. This move comes hot on the heels of BlackRock’s Ethereum Trust registration, fueling speculation about the potential launch of an Ethereum-based exchange-traded fund (ETF). The announcement
Gary Gensler, the U.S. Securities and Exchange Commission Chair, says that unless AI is brought to heel, the technology may lead to a financial crash before the decade is out. Gensler went on to add that an AI crash is
Vivek Ramaswamy has swiftly emerged as a figurehead for the crypto sector within the Grand Old Party (GOP) presidential race. A biotech entrepreneur by trade, Ramaswamy has cast himself in a new role: a crusader for crypto, promising sweeping changes
According to former SEC Attorney John Reed Stark, the SEC is unlikely to approve a Bitcoin Spot ETF under the current leadership of Gary Gensler. Stark claims that cryptocurrency is a partisan issue in the U.S., and the only thing
The Securities and Exchange Commission’s (SEC) lawsuit against Coinbase has rattled the US crypto landscape. However, the firm’s motion to dismiss has gained high-profile support. Senator Cynthia Lummis recently filed an amicus brief siding with the crypto exchange. Coinbase, a
A trending video showcasing Massachusetts Representative Stephen Lynch’s unwavering support for the U.S. Securities and Exchange Commission (SEC) has sparked controversy within the crypto community. Lynch defended the SEC’s actions against Ripple Labs Inc., suggesting that the regulatory body had
At the National Press Club on July 17, Gensler acknowledged AI as a technology as transformative as the internet and mass automobile production but raised important questions about its potential impact on societal structures and global financial stability. The SEC
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