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Finance

U.S. Has Room for a Compliant Crypto ETF to Grow Market Share as a Bitcoin On-Ramp: Bernstein

Grayscale earns around $380 million in annualized fees despite its GBTC product being inefficient, illiquid and trading at a discount, the report said.

By Will CannyJun 26, 2023

U.S. Has Room for a Compliant Crypto ETF to Grow Market Share as a Bitcoin On-Ramp: Bernstein

Markets

ChatGPT-Style Crypto App Sets AI Loose on Fed Rate-Bitcoin Price Relationship

The team behind Hong Kong-based Chain of Demand has built investment analytics engines for financial institutions and data providers like Bloomberg.

By Ian AllisonJun 13, 2023

ChatGPT-Style Crypto App Sets AI Loose on Fed Rate-Bitcoin Price Relationship

Policy

SEC Crypto Crackdown Adds Urgency for U.S. Lawmakers to Produce Regulatory Framework This Year: JPMorgan

Without a more solid legal framework, cryptocurrency activity will probably continue moving outside the U.S. and into decentralized entities, the report said.

By Will CannyJun 12, 2023

SEC Crypto Crackdown Adds Urgency for U.S. Lawmakers to Produce Regulatory Framework This Year: JPMorgan

Policy

Cardano Developer Rejects SEC Claim Its ADA Token Is a Security

“Under no circumstances is ADA a security under U.S. securities laws,” IOG said in a release.

By Shaurya MalwaJun 9, 2023

Cardano Developer Rejects SEC Claim Its ADA Token Is a Security

Policy

U.S. Lawmakers Urge IRS, Treasury to Hurry Crypto Tax Rules

Congressmen Brad Sherman and Stephen Lynch called the industry "a major source of tax evasion" in a letter asking for the prompt release of proposed regulations on reporting requirements.

By Sandali HandagamaJun 7, 2023

U.S. Lawmakers Urge IRS, Treasury to Hurry Crypto Tax Rules

Policy

SEC’s Binance.US Probe Started in 2020, Court Filings Show

The securities regulator detailed evidence of hundreds of millions of dollars in profiteering by the crypto exchange as it seeks to freeze company assets.

By Jack SchicklerJun 7, 2023

SEC’s Binance.US Probe Started in 2020, Court Filings Show

Policy

SEC Seeks to Slash $22M Fine on Crypto Firm LBRY to $111K

A U.S. judge ruled in November that the crypto startup had violated securities laws by selling its native LBC token without registering with the SEC.

By Sandali HandagamaMay 15, 2023

SEC Seeks to Slash $22M Fine on Crypto Firm LBRY to $111K

Markets

U.S. Regulatory Crackdown Sees Institutional Investors Prefer Gold to Bitcoin: JPMorgan

This year’s 76% bitcoin rally appears to have been driven by retail buying, the report said.

By Will CannyMay 5, 2023

U.S. Regulatory Crackdown Sees Institutional Investors Prefer Gold to Bitcoin: JPMorgan

Finance

U.S. Court Orders SEC to Respond to Coinbase Allegations Within 10 Days

Coinbase last week argued the SEC is providing insufficient regulatory guidance for U.S. companies operating in the crypto sector

By Jamie CrawleyMay 4, 2023

U.S. Court Orders SEC to Respond to Coinbase Allegations Within 10 Days

Policy

North Carolina House Unanimously Votes to Ban Digital Dollar Payments to the State

The House of Representatives of the U.S. state voted 118-0 to pass an amended version of a bill that initially sought to ban crypto payments.

By Sandali HandagamaMay 4, 2023

North Carolina House Unanimously Votes to Ban Digital Dollar Payments to the State

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