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A group of U.S. lawmakers are calling on the SEC to repeal its controversial SAB 121 policy that requires digital assets custodians to report liabilities and assets on their balance sheets.
Grayscale filed a lawsuit against the SEC in June 2022 after its spot bitcoin ETF proposal was rejected, but it is now looking to expand its ETF team amid a looming decision by the SEC on ether
The Securities and Exchange Commission has filed a lawsuit against Coinbase, alleging the company was working as an unregistered securities exchange.
The SEC has now asked Grayscale to withdraw its trust registration, saying FIL is an unregistered security.
The SEC’s push to regulate the next generation of blockchain-based applications will likely give rise to disputes and enforcement actions, particularly in the developing decentralized finance DeFi space.