Bernstein Report: Slowdown in Bitcoin ETF Inflows Is Short-term Pause
Chhugani and Sapra emphasize the time needed for Bitcoin to be widely accepted as a legitimate investment option for diversifying portfolios.
The U.S. derivatives regulator is studying whether it should regulate virtual currencies, its chief said on March 11, 2014, as regulators across the globe start taking the emerging technology more seriously.
Chhugani and Sapra emphasize the time needed for Bitcoin to be widely accepted as a legitimate investment option for diversifying portfolios.
Consensys has argued that Ethereum is not a security but a global computing platform and its DeFi platforms are not securities brokers.
The launch of FalconX’s Prime aims to change this dynamic by offering corporate crypto traders enhanced execution capabilities, stable credit lines, and portfolio margin options.
Voyager’s restructuring plan proposed having its customers initially recover 35.7% of their claims in crypto or cash. That was in May 2023. By November, the crypto exchange eventually settled with the FTC for $1.65 billion in monetary relief.
Eisenberg’s trial is scheduled to commence this week, although the exact date remains undisclosed.
The legal battle extends beyond the courtroom. The SEC, CFTC, and Mango Labs LLC have all filed civil suits against Eisenberg, further complicating the situation.
The company’s move to offer futures trading for DOGE, LTC, and BCH automatically qualifies the assets as commodities.
The SEC has pushed making a decision on an application from the Cboe seeking to trade Bitcoin ETF Options. The agency will decide by April.
Even if Congress passes the FIT Act, it will take the CFTC no less than a year to develop a comprehensive regulatory framework.
Now, Binance is looking to re-enter the market to expand its global presence. However, according to Bloomberg sources, the company is struggling to secure new partners with FCA approval.