The Financial Industry Regulatory Authority (FINRA), the self-regulatory organization that oversees securities broker-dealers in the United States, has included a section on crypto assets in its 2024 Annual Regulatory Oversight Report for the first time. This report is a tool that member firms can use to inform the development and operation of their compliance programs. […]
A false story recently circulated by multiple news outlets, following a tweet from the official X (formerly Twitter) account of the United States Securities and Exchange Commission (SEC). The tweet falsely claimed that the regulator had approved spot Bitcoin BTC $46,151 exchange-traded funds for the first time.However, in a Jan. 9 X post, SEC chair […]
The Securities and Exchange Commission (SEC) recently made headlines when it was announced that Bitcoin ETFs had been approved for listing on all national securities exchanges in the United States. However, this announcement was quickly debunked as false by SEC chairman Gary Gensler.Gensler clarified that the SEC’s Twitter account had been compromised and an unauthorized […]
US Bitcoin CryptoIn a recent development, Gary Gensler, the head of the Securities and Exchange Commission (SEC), revealed that the SEC’s Twitter account had been compromised. He made this announcement via his own Twitter account, also clarifying that Exchange Traded Funds (ETFs) have not yet received approval.This announcement was made on Tuesday at 4:11 pm […]
The Securities and Exchange Commission (SEC) has given the green light to the United States’ first regulated spot Bitcoin exchange-traded funds (ETF) — a significant development that comes a decade after the first application was received. The approval was announced in a Jan. 9 post on X (formerly Twitter), with SEC chair Gary Gensler stating […]
In a historic move, the Securities and Exchange Commission (SEC) has given the green light to several applications for Bitcoin spot exchange-traded funds (ETFs). This approval allows these funds to be listed and traded on major US stock exchanges. This is the first instance of the SEC approving funds that directly hold Bitcoin, as opposed […]
Jay Claton, the former chairman of the United States Securities and Exchange Commission (SEC), has expressed his belief that the approval of a spot Bitcoin exchange-traded fund (ETF) is inevitable. In an interview with CNBC, Clayton stated that the SEC has no further decisions to make as it is satisfied with the disclosures from ETF […]
In a historic decision, the U.S. Securities and Exchange Commission (SEC) has approved the launch of spot Bitcoin Exchange-Traded Funds (ETFs). This marks a significant milestone in the integration of cryptocurrencies into mainstream finance. The decision follows years of anticipation and numerous rejections of previous proposals due to concerns over market manipulation and investor protection.The […]
The emergence of Bitcoin Ordinals in 2023 as nonfungible tokens (NFTs) on the Bitcoin blockchain has sparked a significant debate, causing a rift in the previously united Bitcoin community. This division has raised concerns, especially as major Wall Street firms are preparing to issue Bitcoin ETFs. To avoid further fragmentation, supporters of Bitcoin Ordinals are […]
The crypto community is abuzz with the anticipation of the US Securities and Exchange Commission (SEC) approving spot Bitcoin Exchange-Traded Funds (ETFs). This expectation has significantly influenced market discussions and social media metrics around Bitcoin. Santiment, a leading on-chain analytics platform, has noted a significant increase in Bitcoin’s social dominance, particularly in short-term periods.There has […]
