SEC delays on approving applications for spot Bitcoin ETF

The US Securities and Exchange Commission has decided to further the timeframe for coming to any conclusion regarding the applications it has received from Invesco, Wisdom Tree, and Valkyrie. The matter is related to spot bitcoin trading exchange trading funds.  The decision has been extended for a couple of weeks, somewhere around the middle of […]

Coinbase vs SEC: New attorney Patrick V. Kennedy joins fight

Attorney Patrick V. Kennedy files a motion to appear pro hac vice in the Coinbase vs. U.S. SEC lawsuit for the Chamber of Digital Commerce. The crypto community, digital asset organizations and lawmakers have voiced their backing for the Coinbase vs. United States Securities Exchange Commission lawsuit’s dismissal. In a recent update, a fresh attorney, […]

Contrasting currents in crypto market as Bitcoin futures plunge, crypto-margin soars

Quick Take The recent data analysis indicates a critical shift in Bitcoin futures contracts, particularly in the wake of the Grayscale lawsuit. Bitcoin open interest, the total number of outstanding futures contracts, has suffered a significant reduction, with a rough estimate of 400,000 Bitcoin in futures contracts representing one of the lowest readings year-to-date. The […]

South Korea’s FIU Declared Fine on Crypto Firm Delio!

The post South Korea’s FIU Declared Fine on Crypto Firm Delio! appeared first on Coinpedia Fintech News South Korea’s Financial Intelligence Unit (FIU) has imposed sanctions on local crypto firm Delio following violations of regulations. The FIU ordered Delio to halt operations for three months, pay a fine of 1.896 billion won (around $1.44 million), […]

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