‘Definitely some movement’ on Bitcoin ETF options as CBOE re-files application
CBOE has filed an updated 44-page rule change proposal “with more meat,” which could be good news for those hoping for options trading on spot Bitcoin ETFs. Go to Source
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Former SEC Official Urges 15,000 Morgan Stanley Advisors to ‘Say No’ to Bitcoin ETFs, Citing ‘Mammoth Risk’
The U.S. Securities and Exchange Commission’s former head of internet enforcement, John Reed Stark, has raised concerns about Morgan Stanley’s 15,000 financial advisors promoting cryptocurrency investments, citing risks to retail investors and potential career consequences for advisors. He warned that the advisors could risk their Certified Financial Planner credentials if they fail to adhere to … Read more
Franklin Templeton’s tokenized money fund launches on Arbitrum
It’s a stamp of approval for the layer-2 from United States regulators. Go to Source
Ripple Hails Victory as Judge Cuts SEC’s Penalty Request by 94% in Final Judgment of XRP Case
District Judge Analisa Torres has cut the penalty requested by the U.S. Securities and Exchange Commission (SEC) in the case against Ripple Labs over XRP by 94%. The court partially granted the SEC’s motion for remedies against Ripple, imposing a $125 million civil penalty. “This is a victory for Ripple, the industry, and the rule … Read more
Jump likely shuttered development arm, not trading — 1000x co-host
Jonah Van Bourg expects Jump’s quantitative crypto trading business is continuing to operate as before. Go to Source
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
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