A U.S. court has granted permission to Jump Crypto, a “third party” in the SEC’s case against Terraform Labs, to submit certain information confidentially. The SEC has accused Terraform Labs and its founder, Do Kwon, of offering and selling unregistered securities and engaging in fraud, resulting in the collapse of the TerraUSD stablecoin. Jump Crypto […]
Cardano co-founder Charles Hoskinson has criticized U.S. regulators for categorizing ADA and other cryptocurrencies as unregistered securities while giving bitcoin a pass. Hoskinson argues that bitcoin could also meet the legal criteria of an investment contract due to the broad nature of securities laws. The Securities and Exchange Commission (SEC) chairman, Gary Gensler, has suggested […]
Franklin Templeton has submitted an updated filing with the SEC to launch a Bitcoin exchange-traded fund (ETF). This comes shortly after the SEC’s decision to delay a previous proposal. The Franklin Bitcoin ETF, if approved, would be listed on the New York Stock Exchange’s Arca platform and would aim to track the performance of Bitcoin’s […]
