Judge finds Ripple Labs liable for $125M penalty in SEC case
Ripple’s civil case with the SEC has been ongoing since December 2020, when the regulator alleged the blockchain firm used XRP as an unregistered security to raise funds. Go to Source
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Morgan Stanley advisers can officially pitch Bitcoin ETFs
For now, the advisory platform is only recommending ETFs from BlackRock and Fidelity. Go to Source
SEC Challenges Coinbase’s Extensive Discovery Requests
The U.S. Securities and Exchange Commission (SEC) has opposed Coinbase’s motion to compel discovery in a case where the SEC alleges Coinbase violated federal securities laws by failing to register its operations and services. Coinbase’s extensive discovery demands include internal SEC communications, inter-agency communications, and all documents related to digital assets, which the SEC deems … Read more
Nasdaq asks to list options on spot Ethereum ETFs — Filing
Exchanges are still waiting on permission to list options on spot Bitcoin ETFs, too. Go to Source
SEC pushes back against Coinbase’s ‘overly broad’ discovery requests
The regulator claims that Coinbase’s document discovery requests are overly broad and disproportionate to the needs of the case. Go to Source
Europe’s fourth largest hedge fund put nearly $500M in Bitcoin ETFs — Filing
Other hedge funds are also reporting sizable positions in Bitcoin exchange-traded funds. Go to Source
2 reasons Solana and other altcoins ETFs may struggle — Sygnum Bank
Katalin Tischhauser, head of investment research at Signum Bank, has joined other commentators who suggested that spot Solana and Cardano ETFs are unlikely, though VanEck may disagree. Go to Source
Blockchain and Nation-State Infrastructure: Why Bother?
We listen to talk after talk about crypto finally achieving asset-class legitimacy, but truly speaking, the encroachment of Wall Street giants into the blockchain space is a double-edged sword. The following is an opinion editorial written by Karel Kubat, Founder of Union Labs. As blockchain enthusiasts, we’ve long championed decentralization, transparency, and democratized access—the 2008 … Read more
Microsoft declares OpenAI both ‘strategic partner’ and ‘competition’ in SEC filing
The two companies face antitrust probes in the US and EU over their partnership. Go to Source
Morgan Stanley’s 15,000 Financial Advisors Can Start Pitching Bitcoin ETFs to Clients Next Week: Report
Morgan Stanley is set to offer spot bitcoin exchange-traded funds (ETFs) to select clients through its 15,000 financial advisors starting next week. This marks a significant first for a major Wall Street bank. Advisors can pitch Blackrock’s Ishares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund to eligible clients, reflecting the growing acceptance of bitcoin … Read more
